Initial price	£90,000
15/11/25	£75,000
Price Change	-16.67%

This two-bedroom flat is located in the heart of Penzance, a traditional period building on Albert Street, and offers immediate income potential with a tenant already in situ, generating £675 PCM. The property features two bedrooms, a well-sized bathroom, and a bright open-plan living area with a fitted kitchen. Situated moments from the seafront, town centre shops, cafes, and Penzance railway station, it offers convenient access to all local amenities. The flat is offered leasehold, with no service charge and a £50 PA ground rent, making it a low-maintenance investment in a consistently strong rental area. The property is being sold by unconditional online auction, with bidding opening on November 27th, and the auction ending on the same day. A 5% buyer's premium and VAT will apply, and the purchaser will be legally bound to buy and the vendor to sell upon the fall of the hammer. The seller may also consider pre-auction offers prior to the auction date.