Guide price
£100,000
1 bed flat for saleAlverton Terrace, Penzance, Cornwall TR18
1 bed
1 bath
1 reception
EPC Rating: F
- Auction
- Leasehold
Miller Countrywide - Penzance Sales
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About this property
Countrywide Are Pleased To Offer For Sale By Public Auction On : Thursday, 11 September 2025 at
Virtual Livestream Online Auction
Lot Number : 5
Vacant Residential
Leasehold
£100,000 +
A vacant ground floor one bedroom apartment, set back from the road and accessed from a private driveway, having the benefit of well maintained communal gardens and an allocated parking space. The property is conveniently situated for the facilities and amenities of Penzance town centre, the Promenade and Morab Gardens. Cash buyers only due to the short lease length.
Situated
Chycelin is situated in close proximity to Penzance town centre offering a wide selection of bespoke shops, cafes and restaurants, along with a mainline railway station, Morab Gardens, the Promenade and seafront.
Ground Floor
Communal entrance hall.
Flat Three
Entrance hall, galley kitchen, sitting room with french doors to the side garden area, double bedroom and bathroom.
Outside
Communal gardens and grounds. Allocated parking space.
Viewings
Strictly by prior appointment with Miller Countrywide Penzance . General enquiries Countrywide Property Auctions .
EPC Rating
F
Council Tax Band
A
Lease Details
99 years from 2nd August 1985
Ground Rent - £50 per annum
Service Charge - £110 pcm/£1,320 per annum.
Get ready to bid by visiting the auctioneers website
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.
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More information
Tenure
Leasehold (59 years)
Service charge
£1,320 per year
Council tax band
A
Ground rent
£50
Ground rent date of next review