1 bedroom shared living/flatmate for sale

Overview

This 1 bedroom apartment, fully furnished by Una St. Ives, is a fantastic luxury investment opportunity, at Una St. Ives, in St. Ives, a harbourside community known for its special light, quaint fishermen's cottages, narrow streets, stunning beaches and the iconic Tate St Ives.A holiday home purchase at Una St Ives is an ideal blend of lifestyle and investment, with our Live & Let scheme.As an owner on the Live & Let Scheme you get to enjoy 6 weeks own-use each calendar year, for a 5-year term, with a 6% guaranteed yield. Without an owner using his 6 weeks holiday time, the yield can rise to as much as 8.5%. An owner's 6-weeks use can also be offered to family and friends as an owner sees fit, but cannot be let commercially.Whilst on our Live & Let leaseback scheme, we take care of everything, this includes, but not limited to, housekeeping and changeover costs after each commercial letting, furnishing your property with a contemporary and high-end package for the duration of the leaseback agreement, business rates, annual service charges, tv licence, maintenance of your property, annual tests and certification of appliances & alarms, building & content insurance.  Housekeeping charges are payable by the owner, when the owner stays.This property, when purchased new, is on a Leasehold of 999 Years, without any annual Ground Rent charges.At the end of the 5 years Leaseback period, the owner can opt to renew their Live & Let contract, on terms agreed at that time, or they can revert to an exclusive own-use arrangement under which they become responsible for all the overheads associated with ownership.  Disclaimer.These particulars are believed to be accurate, but they are not guaranteed and do not form a contract. Neither The Good Estate Agency nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.  For more details and to contact: https://realtyww.info/rooms_1_st-ives-d555268/for-sale_i69906199

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