Victoria Villa, 4 Kernick Road, Penryn, Cornwall TR10 8NX

Lot Number 87

Registration to bid in our 14th July 2022 auction closes in

About this property

An iconic three/four bedroom semi detached property known locally as 'The Castle' with balustraded terrace and parapet giving glorious views over the historic town of Penryn, St Gluvias, with far reaching rural and river views out to Falmouth Harbour. This spacious property has been up until recently utilised as a HMO licensed five bedroom student property generating an income of £2,300 per calendar month which includes utilities and is conveniently situated for public transport links and the Tremough Campus. The property is being sold with vacant possession and would also convert back into a stunning family home or as a holiday lettings venture.

Listed By

Property Auctions South West
Head Office
2 Cotton Street
Liverpool
L3 7DY

t. 01395 275 691
auctions@suttonkersh.co.uk

Full Description

Situated

Victoria Villa is situated in an elevated position on the outskirts of the popular and historic town of Penryn being one of the oldest market towns in West Cornwall and a Medieval port, offering a wide selection of bespoke shops, supermarket and chandlers, along with a selection of cafes and public houses, with further facilities and amenities available at Falmouth circa 3 miles.

Ground Floor

Portico entrance porch, vestibule, inner hallway, bedroom 1, bedroom 2, lounge/diner with kitchen off and door to the covered storage facility/workshop, rear lobby, shower room and access to the rear garden.

First Floor

Landing, three further bedrooms with room five having steps leading up the to roof top parapet and terrace, family bathroom.

Outside

Balustraded terraced front gardens accessed from Kernick Road, with tiled sun terrace and areas of lawn. To the rear of the property there is a small enclosed courtyard with steps leading up to private low maintenance enclosed rear garden, with a useful stone outbuilding, enjoying a Southerly aspect.

Auctioneers Note

The adjoining April Cottage, currently utilised as a further four bedroom student let and generating an income of £22,200 pae may be available to purchase by separate negotiation should the purchaser wish to incorporate this property into the main dwelling and create a fully detached property subject to any requisite consents.

Viewings

Strictly by prior appointment with Miller Countrywide Falmouth 01326 318181. General enquiries Countrywide Property Auctions 01395 275691.

EPC Rating

EPC - D

Council Tax Band

C

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GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Photos
Map

Victoria Villa, 4 Kernick Road, Penryn, Cornwall

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Countrywide Property Auctions

Head Office
2 Cotton Street
Liverpool
L3 7DY

Tel: 01395 275 691

* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,500 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).

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