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Full details for 5 Bedroom Detached For Sale in Launceston

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Description

Often referred to by locals as the “Old Library”, the building was built in 1899 by John Passmore Edwards. The property has rendered solid walls beneath slated roofs.

Within recent years major works have been carried out. Parapet walls have been provided with lead damp proof courses, lead valley gutters and roof valley’s have been renewed. The works have been carried out by a reputable builder and details of the works can be provided.

The Freehold of the property is available to purchase, the building comprises of five flats. Two of the flats are let on long leases (999 years). Three flats are in hand and let on AST agreements. The flats have a potential monthly income in the region of £1,750 creating a yield in the region of 7%. The flats each have an off road allocated parking space. There is a single garage at present not let.


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