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A freehold block of five flats in need of modernisation with a gross annual yield of £28,584 (15%) when fully tenanted and located in historic Liskeard.
Address
See address
Auction date
25 Apr 2025
Guide price
£190,000
Type
Other
Tenure
Freehold
EPC Rating
E
Status
Ended
Description
This freehold block of five flats presents a unique investment opportunity in the historic town of Liskeard, Cornwall. Currently, the property requires modernisation, but when fully tenanted, it offers a gross annual yield of approximately£28,584 (15%).
- Flat 1: First floor, one bedroom, approx. 420 sqft
- Flat 2: First floor, two bedrooms, approx. 775 sqft
- Flat 3: Second floor, two bedrooms, approx. 678 sqft
- Flat 4: Ground floor, studio, approx. 323 sqft
- Flat 5: Ground floor, one bedroom, approx. 258 sqft
With a mix of tenanted and vacant flats, this property could yield significant rental income once refurbished. The EPC ratings vary from D to E, indicating room for improvement. Given its central location, just 0.3 miles from Liskeard railway station, this property represents a fantastic investment opportunity for those looking to enter the rental market.
Last update: 20 Jul 2026
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