Property description

THIS SALE INCLUDES BOTH THE BUNGALOW AND PLOT OF LAND COMBINED FOR £350,000
House and Land can be sold separately
THE SITE – PL31 2NS
This development site is situated close to the centre of this popular Cornish town and is presently utilised as a rear garden area to an existing residential bungalow. Planning consent (PA11/06953) has been approved for the construction of four flats on the site, to be constructed within a single two storey structure. Each proposed flat is shown as a 2 bedroom unit, with lounge/kitchen, hallway, two bedrooms, bathroom and separate W.C. The plans also indicate an off road parking area is to be created to provide one parking space for each of the proposed flats. Each flat is shown with a gross internal floor space extending to approximately 56.4sqm (607sqft). 
THE DORMER BUNGALOW -
A spacious five bedroom dormer bungalow with good sized lounge and kitchen. The bungalow has gas fired central heating and is double glazed. There is also a hard wired fire system installed throughout. The current owner has been letting the bungalow out on a room let basis with a current yield of 6.5% and is offering the sale as an on going concern if any potential purchaser is interested in doing so. Alternatively, with the good sized accommodation throughout, this dormer bungalow would make a great family home with a generous front garden, rear garden and garage for parking.