This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£105,000
2 bedroom Flat for sale, Greenfield Terrace, Portreath, Cornwall, TR16
Features and Description
- Two Bedroom, First Floor Flat
- In Need Of Modernisation
- Long Term Tenant Currently In Situ
- EPC Rating - E
- Allocated, Residents Parking
- Situated In A Popular Harbourside Village
A two bedroom terraced flat in a sea-side location, offering a solid opportunity for investors, with a long term tenant currently in situ. The property currently needs modernising, giving buyers the chance to update and style it to their own taste.
Inside, the flat features an open-plan reception room, providing a sociable living and dining space. The separate kitchen includes an integrated oven and hob, ideal for everyday cooking. There are two double bedrooms, offering practical sleeping accommodation, and a bathroom. The property also benefits from parking, a useful asset in this area. Council Tax Band - A. EPC Rating - E.
This 2-bedroom terraced flat represents a practical project in a popular Cornish setting, with potential for improvement and convenient access to local facilities.
This property is for sale by the Modern Method of Auction, meaning the Buyer and Seller are to complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (IAMSold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The Buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Location
Located in the historic harbour of Portreath which was once a port serving the surrounding copper mines. Today the village is a popular holiday destination boasting a fine sandy beach renowned for its bathing & surfing together with many fine coastal walks. The old tramway has now become a cycle track connecting to Devoran and this passes through the village and onwards through the intriguing scenery to Cornwall's South Coast. The village of Portreath provides a range of local amenities whilst more extensive facilities are available in the towns of Redruth, Camborne and The Cathedral City of Truro.
Bedroom 1
9'3" x 8'4" (2.81m x 2.55m)
Bedroom 2
9'12" x 8'4" (3.04m x 2.53m)
Kitchen
9'11" x 8'4" (3.03m x 2.53m)
Lounge / Diner
15'6" x 8'4" (4.72m x 2.53m)
Bathroom
5'10" x 5'5" (1.79m x 1.66m)
Leasehold Information
We are informed by the Vendor that the current Leasehold arrangement is as detailed below:Original Length Of Lease - 125 Years from 25th March 1980Lease Term Remaining - Approximately 79 YearsGround Rent - £100 Per Annum
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Greenfield Terrace, Portreath, Cornwall, TR16
Additional Information
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Property refCAM260070
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EPCE
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TenureLeasehold
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Lease length79 years
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Council TaxA
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Local authorityCornwall Council
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Ground Rent£100
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
Do you have a property you need to sell?
Your Move Estate Agents Camborne
Your Move Camborne
12 Commercial Street, Camborne, TR14 8JY
Mon - Fri09:00 - 17:30Saturday09:00 - 13:00SundayClosed
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Monthly payment
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Borrowing £94,500 and repaying over 25 years with a 2.5% interest rate.
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Photos
Floorplan
Map view
Street view
Kitchen
9'11" x 8'4" (3.03m x 2.53m)
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
45Potential
76CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs