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£600,000
North Street & Monmouth Lane, Lostwithiel, Cornwall, PL22
- 6 beds
£600,000
- 6 beds
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Estimate monthly mortgage payment:
£2,739 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£30,000
Property listed by:
Bradleys Estate Agents
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A rare prospect to purchase two adjoining properties located in the heart of Lostwithiel. Presenting a lifestyle opportunity, these dwellings are currently utilised as 4 bedroom main residence and successful 2 bedroom holiday let cottage, which last year generated a gross income circa £20,000. The pair also lend themselves to anyone seeking multi generational living.
| . | Both properties have undergone renovation within the last 7 years and have been meticulously well cared for since. They feature an abundance of character throughout including exposed trusses and beams. The 4 bedroom townhouse is currently used as the main residence with well-proportioned living accommodation and enclosed 'sun trap' courtyard. The 2 bedroom holiday let is beautifully presented and has proven success with the highly rated Air B&B reviews and generated income. |
| Location | Lostwithiel is a historic country town situated approximately five miles from Bodmin, eight miles from St Austell and 12 miles from Liskeard. The town has free parking throughout and offers a good range of amenities which include a variety of shops, restaurants, public houses, professional services, dentist & health centre. In addition to this there is a mainline Railway Station with access to Penzance and London. The Eden project is approximately five miles away. |
| Required Information | It should be pointed out that the properties have individual titles, therefore would be purchased via 2 transactions. Buyers should do their due diligence on the costs for this with conveyancing & stamp duty fees that apply. Local Authority - Cornwall Council. Council Tax Band C and the holiday let is rated for business use, currently rated at £0 for small business relief. Tenure - Freehold. Services - Mains water & drainage. Mains gas to 7 North Street. |
| Agent Note | For the individual details please see the Bradleys Website or contact the local office for the brochures. |
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£2,739 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£8,750
Mortgage and legal costs:
£999
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