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Merrill Place, Falmouth

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

1

SIZE

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TENURE
Describes 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

  • SUCCESSFUL STUDENT LET
  • 4 DOUBLE BEDROOMS
  • WELL PROPORTIONED
  • MODERN KITCHEN & BATHROOM
  • CENTRAL FALMOUTH

Description

**INVESTMENT PROPERTY** Let until July 2025 as a 4 double bedroom student property, this terraced cottage, ideally situated for the Woodlane Campus of Falmouth University, was refurbished just a few years ago and produces a healthy yield.

Merrill Place is a quiet street, located just off Albany Road, and is within easy access on foot to all the amenities of Falmouth town centre.

This terraced cottage is currently let as a 4 double bedroom student property. On the ground floor there is a reception room to the front and, to the rear, a double bedroom. At the back of the house is a modern galley-kitchen with a door to the rear courtyard. Stairs lead to a second double bedroom accessed from the half landing, and on the first floor there are two further double bedrooms and a bathroom which was updated a year ago. Overall this is a well-proportioned home which is a successful student let. The rear courtyard can also be accessed via a little lane which runs at the back of Merrill Place.

The property is currently let until 30th June 2024 to 4 students on an AST at £2000 per month, excluding bills.
A new tenancy has been agreed for the next academic year, from 3rd July 2024 until 2nd July 2025 and the property will be let to 4 students on an AST at £2300 per month, excluding bills, which would be over a 7.6% gross yield.

No Onward Chain
Freehold
Council Tax Band B
EPC C
Gas Central Heating
Electric Shower in Bathroom

Falmouth is exceptionally located on the south coast of Cornwall and has an abundance of local amenities as well as being well connected by roads and train services to the rest of Cornwall and beyond. Swathed in maritime history, Falmouth is now a vibrant hub for sporting and cultural pursuits. The south Cornish coast offers fabulous sea swimming, paddle boarding and hiking trails just a stone's throw away. There are numerous yacht and sailing clubs nearby with some of the finest day sailing waters in the UK and Falmouth Golf Club is located at Swanpool. Being home to the world famous Falmouth School of Art, Falmouth is a hub for the Arts in Cornwall, with the Princess Pavilion and The Poly offering a rich programme of events throughout the year
 

Brochures

Brochure

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.

Band: B

Merrill Place, Falmouth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Penmere Station0.4 miles
  • Falmouth Town Station0.5 miles
  • Falmouth Docks Station0.8 miles
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About the agent

Martin & Co, Falmouth

72 Kimberley Park Road, Falmouth, Cornwall, TR11 2DF

Martin & Co, Falmouth

Welcome to Martin & Co

Martin and Co Falmouth and Helston specialise in sales, lettings and property management in Falmouth, Penryn, Helston and surrounding areas. Our Falmouth office was started in 2013 by Jon and Felicia Sampson and has quickly grown into the award winning business it is today, with high street offices in both Falmouth and Helston.

As part of the largest franchised property business in the UK, our local, family run offices have the benefit of the backing of a na

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Disclaimer - Property reference 100954003993. 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 Martin & Co, Falmouth. 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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