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Three Seaside Flats – One Exceptional Investment Opportunity in the Heart of Penzance

Wherry Flats, 1, 2 & 3 Alexandra Road, Penzance, Cornwall, TR18 4LY

£445,000
Residential
About this Property
2025-05-29
445000
Traditional
Residential
Description

A rare chance to acquire a freehold block comprising three self-contained flats, ideally located just moments from the stunning Penzance seafront. Nestled on Alexandra Road, this attractive property offers strong rental potential in a high-demand area, making it ideal for buy-to-let investors, holiday let operators, or those seeking a home-plus-income opportunity. ** PLEASE NOTE THE REST OF THE BUILDING IS FOR SALE BY SEPERATE LISTING: https://devon.townandcountrypropertyauctions.co.uk/lot/details/149199 ** Key Features: Prime Coastal Location A short stroll from the beach, promenade, and town centre – close to cafés, shops, galleries, and transport links. Versatile Living Spaces Three self-contained flats (mix of 1-bed and 2-bed layouts – subject to confirmation), each with its own access and utilities. Flat 1, 1-bed flat Flat 2, 2-bed flat Flat 3, 2-bed flat Investment Potential High demand for both long-term rentals and short-term holiday lets in this popular Cornish town. Freehold Title Offered with full freehold ownership, providing long-term security and flexibility. Additional Information: Potential for Improvement: Flats would benefit from cosmetic updating – an excellent value-add opportunity Current Tenancy Status: Vacant Structural Survey: Available on request for interested buyers Council Tax Bands: Flats 1, 2 & 3 - A EPCs: Flat 1, 2 & 3 - D Whether you’re looking to expand your property portfolio or secure a foothold in one of Cornwall’s most iconic coastal locations, this multi-unit property is not to be missed. We understand there are structural issues with the property, and a structural survey is available for interested parties.

Location
More Information
Not Specified
Alexandra Road
Planing Authority
Cornwall LPA
Sold Price History
25 Jun 2025Unsold Lot Town and Country Franchise Ltd£1,000
30 Jul 2025Unsold Lot Town and Country Franchise Ltd£1,000
28 Aug 2025Available Lot Town and Country Franchise Ltd£1,000

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