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. * Plus 5% Buyers Premium + VAT The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us. Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. * The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for. We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property. Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.