Postponed | Lot 16

38 Dracaena Crescent, Hayle, Cornwall TR27 4EN

Postponed

  • Detached House
  • 9 Bedrooms
  • Tenure: Freehold

Call the team on 01872 484888 for more information

Auction Date

Tue 05/12/2023

Auction Time

14:00

Auction Venue

Live Stream

A Substantial 4 Bedroom Detached House and Detached 5 Bedroom Annexe

Situated within a popular residential area of Hayle is this four bedroom detached property with excellent views to Copperhouse Pools. The property has the additional benefit of a significant 5 bedroom detached annexe. The current owner has operated the property as a 'live-in' landlord letting out individual bedrooms. The property is currently achieving £3,850PCM and will be sold with the tenants in situ. MAIN HOUSE Accommodation in brief comprises; On the ground floor there is an entrance porch and hallway, living room and kitchen/breakfast room, there are also two bedrooms on the ground floor complemented by a bathroom and WC. To the first floor there are two further bedrooms. The main bedroom has the added benefit of a balcony and en-suite shower room. There is also a further family bathroom. THE ANNEXE The annexe has accommodation arranged over three floors. At the lower ground floor level there are two bedrooms and reception room and utility areas. At street level there is an open plan kitchen/dining room and two bedrooms; including the master bedroom which has the added benefit of an en-suite. To the first floor there is a living room, further bedroom and bathroom. OUTSIDE Between the main house and annexe there is a paved seating area. The garden in front of the main house has been laid to lawn. There is currently off road parking for two cars with a pending planning application to increase off road parking for a further two cars.

Tenure

Freehold

AUCTIONEERS NOTE

There is a pending planning application awaiting decision to separate the annexe from the main house to have two residential dwellings. This planning application also contains drawings to increase the driveway to park an additional two vehicles. The floorplan does not show the annexe and this will be added in due course. The property is sold as a going concern with lodgers in situ. Current Rental income from 8 bedrooms is £3,850PCM representing a gross yield of 10.26% based on the guide price..

ACOMMODATION

For full measurements please refer to our floorplan. The floorplan for the annexe will be added in due course,

VIEWINGS

Regular viewing sessions will be provided in the lead up to the auction. Please contact Auction House on 03456 461361

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Energy Efficiency Rating (EPC)

Current Rating C74

Local Authority

Cornwall County Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.