Initial price	£550,000
15/10/24	£500,000
Price Change	-9.09%

This refurbished 8-bedroom property in central Redruth is a prime opportunity for assisted living accommodation or HMO. With a gross annual income potential of £64,800, the property has undergone significant refurbishment works, including a new 3-phase electric supply and en-suite bathrooms in each of the 7 bedrooms. The property also features a cottage to the rear with one bedroom, and a Certificate of Lawfulness has been granted by Cornwall Council, allowing the buyer to obtain a licence to operate as an HMO. The property is situated in the heart of Redruth town centre and offers a range of communal areas, including a kitchen, study area, utility room, and WC. Regular viewing sessions will be provided in the lead up to the auction, which is scheduled to take place on October 22nd.