Welcome to 9, The Chalets, a charming chalet located in the popular area of Eastern Green, Penzance. This delightful property boasts a newly restored interior, featuring a fresh kitchen, part bathroom, new carpets, and a coat of paint, offering a modern and inviting living space.Situated on the fringe of Penzance, this chalet is surrounded by similar properties and is conveniently close to supermarkets, the town, bus and railway and not forgetting Longrock Beach, providing the perfect blend of convenience and coastal living. The mixed site of owner-occupied and rented properties adds to the charm of the neighbourhood, making it an ideal investment opportunity for those looking to buy-to-let.Although the property currently does not have heating (plug ins have been previously used), it is connected to mains electricity and water, ensuring essential utilities are readily available. With an open plan lounge/kitchen, one bedroom, and one bathroom, this chalet is ideal for individuals or couples seeking a cosy and low-maintenance home. Although the property is freehold, there is an annual ground rent of approximately ?1100 which covers the maintenance of the lawns, bins and parking areas.For those considering an investment, this property offers a projected income of ?600 per calendar month, making it a lucrative option for those looking to expand their property portfolio.Living Room3.63 x 3.52 (11'10 x 11'6 )Bathroom2.45 x 1.94 (8'0 x 6'4 )Bedroom3.52 x 2.66 (11'6 x 8'8 )Outside & Communal Areas
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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