GROSS RENT / YIELD
£5,640 / 6.0%
NET RENT / YIELD
£3,527 / 3.8%
Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.
1 reception room
£5,640 p.a. / £470 pcm
TENANCY AGREEMENT STARTED
over 5 years ago
TENANCY AGREEMENT ENDS
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
VIEW FINANCIALS WITH
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
All financial information is provided as a guideline only, is based on estimates and assumptions and is subject to change. Buyers are advised to seek independent financial advice. Capital at risk.
Cornwall is a county in South West England and forms the westernmost part of the South West peninsula of Great Britain. The county is bordered by the Celtic Sea to the north and west, the English Channel to the south and the county of Devon to the east.
This county is served mainly by stations that lie on the Cornish Main Line and provide routes from Penzance to Plymouth. Numerous train stations in this county lie on this line including Plymouth, Devonport, Redruth, Camborne, St Austell and more. Services from these stations provide great links to destinations in the local area as well as all over southern England, London and even further around the Country. Cornwall also benefits from having its own commercial airport which is Cornwall Airport Newquay, which flies to several destinations on the island and a selection of cities in Europe such as Berlin, Alicante and Copenhagen.
The economy of Cornwall is heavily based around the tourism industry, which sees visitors from around the country spend £1.8bn annually. Cornwall’s beautiful scenery and vast miles of beach and cliffs has made it a top destination for tourists and surfers that want to enjoy the fantastic weather. Other tourist attraction in this county include the moorland, country gardens, museums and wooded valley. St Austell has seen a large increase in tourism due to the proximity to the Eden project which attracts one in eight of Cornwall’s visitors. In 2018 this county saw an increase of 20% more visitors. Cornwall’s economy also benefits from the fishing and agriculture with products such as Cornish clotted cream.
Cornwall has a selection of higher education institutions such as the University of Exeter and Falmouth University. This location could also be ideal for families with young children with around 40 secondary schools in the county and a number of primary schools throughout the villages.
Wheal Brake Lodge,
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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