A leasehold flat in Falmouth already let at £9,000 per annum has a guide price of £105,000 plus at auction.
The first-floor property is at Harbour Lights in Arwenack Street and has one bedroom.
It is among 167 lots in the third sale of 2025 by Clive Emson Land and Property Auctioneers.
Auctioneer David Henwood said: “This is a well-located property in good decorative order close to shops, the waterfront and station.
“It comes to auction with a current rental of £750 per calendar month although it has been previously let at £900 per calendar month.
“The flat is expected to attract interest from established and new investors seeking a property already delivering a return.”
Located above a fish and chip shop, the apartment is being auctioned with the remainder of a 999-year lease from March 2006.
- Also in Falmouth, Cornwall Council has instructed the sale of a parcel of land in New Street.
With harbour views and located among harbour properties, it has a freehold guide of £10,000 plus.
The parcel extends to about 0.02 hectares (0.04 acres).
- In Truro, a property arranged as two flats in Trevose Road has a freehold guide of £45,000 to £50,000.
A semi-detached property, each flat has two bedrooms.
- Also in the Truro area, freehold land in the village of Carnon Downs has a guide of £5,000 plus.
The parcel – measuring about 0.02 hectares (0.04 acres) – is sited between a house and block of garages. It has been placed for auction by Cornwall Council.
The third auction of eight in 2025 by the firm, founded 36 years ago, concludes on May 1, with bidding live from 29 April.
For more details, visit: www.cliveemson.co.uk