Price £229,000 New Instruction
  • Investment Opportunity producing a yield of 3.66%
  • Three bedroom house with river views
  • AST has break clause for sale, if required.
  • Gas central heating & uPVC double glazing
  • Currently let until January 2022 at rent of £700 pcm
  • Tenants happy to remain in situ
  • Ideal location close to the river, harbour, beach and shops

Investment Opportunity - three bedroom house in excellent location currently let on a 2 year AST (break clause for sale, if required) and producing a gross yield of 3.66%. Situated within a stones throw of the river and just a few hundred yards from the town centre and beaches, this is a perfect opportunity to acquire a property in a superb location and with stunning river and woodland views. Internally this three storey house comprises - open plan living area with extended bay window, kitchen and wc on the ground floor, two bedrooms and a bathroom on the first floor and a good size bedroom with en-suite bathroom on the top floor. Externally there is a small seating area to the front that overlooks the river, a balcony off the mid floor bedroom which again offers delightful river views and to the rear there is a raised garden at roof level that also enjoys the views. This garden is currently in need of cultivation but can be left to nature if not required. Further benefits include gas central heating and double glazing.


Accommodation

Entrance
The property is approached over a gated sloping path from Station Road

Porch
Half glazed entrance door opens into a small enclosed porch with further glazed door opening into the Lounge/Diner

Lounge/Diner
Exceptionally deep bay with uPVC double glazed picture window to the front and further double glazed windows to the side. This area is large enough for seating and enjoys some interesting views over the river to the mill pool and the countryside beyond. Central staircase to the first floor with cupboard beneath. Three radiators. Stone hearth with wood mantel over that extends to form a useful shelf. Laminate floor. Wall light. Ample space for dining table and chairs. Door to rear lobby and opening to kitchen.

Kitchen
Well planned and fitted with both floor and wall mounted units that are complimented by tiled work surfaces. Ceramic tiled walls and floor. Space for electric cooker with fitted cooker hood above. Inset sink and drainer. Plumbing for washing machine or space for under counter fridge. Internal uPVC window to the lobby.

Rear Lobby
uPVC double glazed door to the courtyard and door to WC.

WC
Close coupled WC. Wall mounted gas central heating boiler. Wall mounted heater. Small uPVC window to the side.

First Floor Landing
Landing - uPVC double glazed window to the side with obscured glass. Staircase to the second floor. Doors off to all rooms. Airing cupboard with hot water cylinder and storage space. Storage cupboard with hanging rail.

Bedroom
Double glazed door to the front that opens onto a delightful balcony and from here there are far reaching views over the rivers to the countryside beyond as well as over the bridge and parts of the harbour. Radiator. Wall light. Storage cupboard/wardrobe.

Bedroom
Situated to the rear this has a double glazed window to the side. Radiator. Small low level recess with fitted shelving.

Bathroom
Double glazed window to the rear with obscured glass. White suite of panelled bath, wash hand basin and close coupled wc. Radiator. The room is finished with ceramic tiling to approximately half wall height. Tiled floor.

Second Floor Landing
Landing with door off to bedroom and access to loft.

Bedroom
A generous size room with uPVC double glazed window to the front giving superb views across the rivers to the mill pool, the surrounding countryside, bridge and parts of the harbour. Two radiators. Exposed floorboards. Storage cupboard. Wardrobe. Door off to En Suite bathroom.

En-Suite Bathroom
White suite of panelled bath with electric shower over. Wash hand basin in modern fitment with cupboards beneath. Radiator. Fully tiled area around the shower, part tiling to the remaining areas. Double glazed window to the rear. Tiled floor. Doors off to separate WC that has a close coupled suite, tiled floor and double glazed window to the rear.

Outside
To the front of the property and outside the bay window there is a delightful area with fitted seating designed to enjoy the views. To the rear and accessed over a stepped path there is an elevated area of garden with shed. From the garden there are spectacular views over Looe, the rivers, harbour and parts of the town.

Services
Mains water, electricity, drainage and gas.


Tenure
Freehold

Tenancy Information
The property is currently let on an assured shorthold tenancy for a period of two years and one day commencing on 10 January 2020 and ending on 10 January 2022. The rent for the term is £700 pcm and the property was let with a small amount of furniture and furnishings which are documented on a basic inventory. Investment landlords should be aware that the current tenants would be more than happy to remain at the property however there is a break clause in the agreement for the purpose of sale, should it be required.

Directions
The property is situated on Station Road within 100 yards of our office. Opposite the Old Bridge Surgery.

Notice
IMPORTANT NOTE: Messrs Seasons Estate Agents Ltd for themselves and for the vendors or lessors of this property whose agents they are give notice that: these particulars are set out as a general outline only for the guidance of intended purchasers or lesses, and do not constitute part of, an offer or contract; all descriptions, dimensions, floor plans, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; no person in the employment of Messrs Seasons Estate Agents Ltd has any authority to make or give any representation or warranty whatsoever in relation to this property.

Floor Plan
EER Chart

The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.

EIR Chart

The Environmental Impact Rating is a measure of a home's impact on the environment in terms of carbon dioxide (C02) emissions - the higher the rating, the less impact it has on the environment.