2 bed flat for sale

Tower Street, Launceston, Cornwall PL15

Elegant two-bedroom flat in a Landmark Victorian building, just a short walk from town centre amenities. Includes off-road allocated parking. Ideal for investors seeking strong rental potential in a prime location.

Location
Tamar Flats are situated within a historic building which used to be the old library for Launceston built by John Passmore Edwards. Tamar Flats sits in the middle of Launceston within easy walking distance of the social, commercial and shopping facilities of the town centre, but also within easy walking distance of employment opportunities in Newport, together with Kensey Vale Bowling Club, convenience garage / store and food supermarket within the Newport area of the town.

Launceston located on the Cornwall / Devon border Launceston sits astride the A30 dual carriageway spine road providing excellent links to all parts of the two counties and is halfway between the North and South coasts. To the East, the city of Exeter some 44 miles, provides Intercity Rail Link, International Airport and M5 motorway link. To the South, the city of Plymouth, 28 miles, provides Continental Ferry Port and Intercity Rail Link

Accommodation
This is one of five flats occupying the attractive period building locally referred to as “The Old Library”, but now known as “Tamar Flats”. The property has elegant elevations of render and feature red brickwork beneath pitched roof with natural slate cladding. This spacious flat is just a short walk from Launceston Town Centre. The flat would make an ideal investment opportunity or first time purchase. The flat is also offered with the benefit of a 1/5 share in the Freehold as well as a 999 year Lease.

The flat is accessed via imposing shared entrance lobby with stairs rising to the flat.
Entrance hall

Light and airy with night storage heater and doors to:-
Kitchen

Modern kitchen with good range of cream base and wall mounted units and black roll top worksurface having built-in eye level electric cooker and separate hob, built-in microwave, fridge and dishwasher. Shelving and space for kitchen table.
Living room

Light and airy room with three triple aspect windows with great views over Launceston. Night storage heater and T.V. Aerial.
Bathroom

Large modern bathroom with walk-in shower, W.C. And wash hand basin. Partly tiled, built-in drawers and cupboard unit under sink, large wall mirror, airing cupboard with shelving and storage space.
Bedroom

Two windows with lovely views. Night storage heater and built-in wardrobes.
Outside

There is one allocated off road parking space which can be accessed to the side of the property.

Tenure
Leasehold flat on a 999 year lease. There is a Management Company. Currently the annual management charge is £900 which includes the ground rent of £50. In addition each flat contributes towards the annual insurance premium.

The purchaser of the property will have a 1/5 share of the Management Company which will own the Freehold of Tamar Flats.

Services
Mains electricity, water and drainage.

EE Rating - E
Council tax band - A
Directions
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Verified Material Information

Council Tax band: A

Tenure: Leasehold

Lease length: 960 years remaining (999 years from 1986)

Ground rent: £50 pa

Service charge: £850 pa

Lease restrictions: See lease

Property type: Flat

Property construction: Standard undefined construction

Energy Performance rating: E

Electricity supply: Mains electricity

Solar Panels: No

Other electricity sources: No

Water supply: Mains water supply

Sewerage: Mains

Heating: None is installed.

Heating features: Night storage

Broadband: Adsl copper wire

Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good

Parking: Allocated

Building safety issues: No

Restrictions - Listed Building: No

Restrictions - Conservation Area: Speak to solicitor

Restrictions - Tree Preservation Orders: None

Public right of way: No

Long-term area flood risk: No

Historical flooding: No

Flood defences: No

Coastal erosion risk: No

Planning permission issues: No

Accessibility and adaptations: None

Coal mining area: No

Non-coal mining area: No

All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.