Central Falmouth
- PROPERTY TYPE
Apartment
- BEDROOMS
6
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Six fully furnished student apartments
- Currently generating an income of £74000
- Fully let until Summer 2024
- 6 Properties with residential & student permissions
Description
- CURRENTLY GENERATING AN ANNUAL RENTAL INCOME OF £74,040
- PROJECTED ANNUAL INCOME TO RISE WITH INCREASED RENTS TO £84720
- LET UNTIL 2024
- CCTV & WIFI SET UP
- CENTRAL FALMOUTH LOCATION
- STUDENT & RESIDENTIAL USE PERMITTED
A fantastic opportunity to purchase six fully furnished one bedroom student properties located in the heart of bustling Falmouth. Currently generating an annual rent of £74,040 and let until 2024. Income is projected to rise with increased rents to £84720 with two tenancies renewing until 2025 and the remaining to be advertised. Each apartment is finished to a high standard with German kitchens with AEG appliances.
The layout of each apartment consists of a sitting room, kitchen and shower room. The ground floor rear apartment has a decked courtyard, tiered garden, and an external utility room and WC. The block is monitored by CCTV in the communal areas. All EPCs range from B-E. The EPC shown is an example from one of the apartments.
LOCATION Consistently named as one of the top places to live in the UK, Falmouth is a bustling university town with a fantastic mix of eateries & galleries. Throughout the year the town hosts various festivals and events including the world famous tall ships regatta and red arrows display. With excellent bus routes, and train stations not far away, this location is perfect for both students and residential lettings.
Brochures
S2 - 4 Page Portr...Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Central Falmouth
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Falmouth Town Station0.5 miles
- Penmere Station0.6 miles
- Falmouth Docks Station0.8 miles
About the agent
Smart Estate Agent, Penryn
Swingbridge House Anchor, Quay Hill, Penryn, TR10 8GU
Our company mission:
Pioneering a smarter estate agent by innovating
outstanding customer service, creating lifetime customers.
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Visit our security centre to find out moreDisclaimer - Property reference 102646007970. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Smart Estate Agent, Penryn. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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