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Killigrew Street, Falmouth

PROPERTY TYPE

Terraced

BEDROOMS

8

BATHROOMS

6

SIZE

1,281 sq ft

119 sq m

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.

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Key features

  • LARGE FALMOUTH TOWNHOUSE
  • INVESTMENT OPPORTUNITY
  • EIGHT BEDROOM HMO PROPERTY
  • FOUR ENSUITE ROOMS, TWO ADDITIONAL SHOWER ROOMS
  • OPEN PLAN LOUNGE, KITCHEN AND DINING ROOM
  • UPVC DOUBLE GLAZING AND GAS CENTRAL HEATING
  • ENCLOSED LOW MAINTENANCE REAR COURTYARD GARDEN
  • GROSS ANNUAL INCOME OF £58,320
  • CLOSE TO TOWN AND THE SEAFRONT
  • Ref: 1515935AP

Description

If you are looking for a large Falmouth townhouse with the ability to generate a great return, look no further. This surprisingly spacious property is currently utilised as an EIGHT bedroom, licensed, HMO currently let at £4860 inc utilities PCM (£58,320 inc utilities PA). With very little competition for a property such as this in the current market an early appointment to view is highly recommended.

This deceptively large townhouse has previously been run as a successful B&B with owners accommodation and could easily be utilised as such again or even an AirBnB style holiday let. The flexible and spacious accommodation could also potentially be split to create two duplex apartments (subject to any required planning permission and consent). Engleton is currently producing a very healthy return as a licensed, EIGHT bedroom HMO (house of multiple occupancy).
 
The accommodation is arranged over four floors and currently comprises; four ensuite bedrooms, four further double bedrooms and two shower rooms. There is a well presented fitted kitchen/dining/living room which occupies the whole of the lower ground floor. Outside the property there is a low maintenance, fully enclosed, paved garden.
 
The property is situated in an enviably convenient location on Killigrew Street, less than a stones throw away from the bustling town centre which offers a wide range of independent shops, eateries and entertainment venues, the marine college and university campus at Woodlane are just a few minutes walk away. The local bus station on the moor and a choice of train stations, with branch line running to the cathedral city of Truro, are also within easy reach.
 
Another selling point for this already very desirable property is its proximity to the stunning seafront, offering a selection of beaches, coastal walks and water sports centres. In all we would highly recommend an early appointment to view as properties of this size, with this potential are scarcely available in todays market.

The details in full comprise (ALL MEASUREMENTS ARE APPROXIMATE. THE ACCOMODATION IS DESCRIBED AS IT IS CURRENTLY UTILISED);

Entrance

Front door opening to the entrance porch, additional door giving access to the reception hallway.

Reception Hall

Access to three ground floor bedrooms and shower room/WC. Stairs give access to first floor and lower ground floor.

Bedroom - 4.95m x 4.26m (16'2" x 13'11")

Large, light double bedroom, UPVC double glazed window to the front elevation.

Bedroom With Ensuite - 3.5m x 3.4m (11'5" x 11'1") plus ensuite.

Double bedroom with UPVC double glazed window to the rear elevation. Sliding door to ensuite shower room. Ensuite - fitted with a three piece suite.

Shower Room/WC

Three piece fitted shower room/WC, obscured UPVC double glazed window to the side, wall mounted central heating boiler.

Bedroom - 2.91m x 2.63m (9'6" x 8'7") plus door recess

UPVC double glazed window to the rear elevation.

Lower Ground Floor

Kitchen - 4.31m x 2.61m (14'1" x 8'6")

Fully fitted with a range of wall and base units and drawers, work surface over with integrated sink with drainer, 4 ring gas hob with extractor over, space, plumbing and connections for additional white goods, UPVC double glazed windows to the side and rear, personal door allowing access to rear courtyard.

Open Plan Lounge/Dining Room

Dining Area - 6.3m x 3.71m (20'8" x 12'2")

Generously proportioned reception room with UPVC double glazed sliding patio doors to the rear courtyard, open to the lounge.

Lounge Area - 4.17m x 3.56m (13'8" x 11'8")

Archway from the dining area, UPVC double glazed window to the front elevation.

First Floor Landing

With access to all first floor bedrooms and staircase rising to second floor landing.

Bedroom With Ensuite - 3.15m x 2.75m (10'4" x 9'0") plus ensuite

Ensuite double bedroom, UPVC double glazed window to the front elevation. Ensuite - fitted with a three piece suite.

Bedroom With Ensuite - 3.45m x 3.1m (11'3" x 10'2") plus ensuite

Ensuite double bedroom, UPVC double glazed window to the front elevation. Ensuite - fitted with a three piece suite.

Bedroom With Ensuite - 4.57m x 4.09m (15'0" x 13'5") including ensuite

Ensuite double bedroom, UPVC double glazed window to the rear elevation. Ensuite - fitted with a three piece suite.

Second Floor Landing

Access to two further bedrooms, shower room/WC, storage cupboard.

Bedroom - 4.27m x 3.7m (14'0" x 12'1")

Dormer double bedroom with UPVC double glazed window to the rear, vanity unit.

Bedroom - 4.25m x 3.7m (13'11" x 12'1")

Velux window to the front elevation.

Shower Room/WC

Three piece fitted shower room/WC.

Outside

A low maintenance, paved patio garden at the rear of the property enjoys a westerly aspect and allows pedestrian access onto Brook Place.

NB

There is a HMO tenancy currently in place grossing £4860 inc utilities per calendar month which equates to £58,320 inc utilities per annum. (Rent only figure £4200 PCM).

Viewing Arrangements

Please contact the office to arrange an appointment, if unavailable when calling please email or leave a message.

Agents Notes

  • Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  • These particulars do not constitute part or all of an offer or contract.
  • The measurements indicated are supplied for guidance only and as such must be considered incorrect.
  • Potential buyers are advised to recheck the measurements before committing to any expense.
  • Homes by has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
  • Homes by has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Patio
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Killigrew Street, Falmouth

Approximate location

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Affordability

Monthly repayments£2,508
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Homes By, Plymouth

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Buying or selling a property is one of the most important moments in anyone’s life. It’s a big decision and it can be stressful, but not if you have the right people working on your behalf.

Homes By - The Estate Agents, are a team of personal property agents, experts in their field looking to hand hold their clients through each and every step of the journey. We understand that everyone is different and likewise, so is every property. It’s not just about the bricks and mortar, it’s about taking care of the people involved, and there’s nothing more important than that to us.

We offer free market appraisals for anyone looking to sell their home, and all of our properties available on Rightmove will be being taken care of by their own personal agent who is part of the Homes By team.

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Disclaimer - Property reference S1797915. 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 Homes By, Plymouth. 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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