Ocean Heights, St. Ives Road, Carbis Bay, St. Ives, Cornwall TR26 2SB

Lot Number 80

About this property

A fabulous opportunity to acquire a semi detached period property in Carbis Bay, having been recently converted to a high standard and now comprising of four fully self contained and individually metered apartments, three having glorious sea views, communal garden to the front of the property and land currently used as multiple car parking spaces to the rear of the property, possibly with plot potential subject to any requisite consents. Three of the apartments are currently let on assured shorthold tenancies, generating an income of £2,850 pcm/£34,200 pae, with the first floor flat being vacant and offering the potential for a home with income, or a combined residential lettings venture when fully let of circa £48,000 per annum.

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Full Description

Tenure - Freehold


Situated

Carbis Bay offers beautiful sandy beaches and access to the coastal path, with regular public transport links to the nearby seaside town of St Ives, offering a wealth of art galleries, restaurants and bespoke shops.

FLAT 1 - GROUND FLOOR

Entrance hall, lounge with sea views, kitchen, two bedrooms and shower room. Currently let and generating an income of £1,150 pcm/£13,800 pae.

FLAT 2 - FIRST FLOOR

Entrance hall, lounge/kitchen/diner with sea views, two bedrooms and shower room. Currently vacant and having planning permission in place for a roof top amenity balcony.

FLAT 3 - SECOND FLOOR

Entrance hall, lounge/kitchen/diner with sea views, bedroom, shower room and utility room. Currently let and generating an income of £950 pcm/£11,400 pae.

FLAT 4 - GROUND FLOOR

Entrance hall, lounge/kitchen/diner, bedroom and shower room. Currently let and generating an income of £750 pcm/£9,000 pae.

Viewings

Strictly by prior appointment with Miller Countrywide St Ives 01736 797331. General enquiries Countrywide Property Auctions 01395 275691.

EPC Ratings

Flat 1 - EPC D
Flat 2 - EPC E
Flat 3 - EPC D
Flat 4 - EPC C

Council Tax Bands

Flat 1 - TBC
Flat 2 - TBC
Flat 3 - TBC
Flat 4 - TBC

The council tax bands to be allocated to the individual flats is currently under review by the Valuations Office and are yet to be confirmed. The building overall is on a temporary band B rating.

Notes

The individual flats can only be utilised for residential use and not for holiday lettings/second home use. Interested parties must make and rely upon their own planning enquiries with regards to any development potential within the car parking area.

Photos
Map

Ocean Heights, St. Ives Road, Carbis Bay, St. Ives, Cornwall

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Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

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