ONLINE VIEWING

Killigrew Street, Falmouth

£475,000
Added on 08/07/2020
Trelawny PM Limited, Falmouth
PROPERTY TYPE
House
BEDROOMS
x7
BATHROOMS
x4

Property description

***INVESTMENT OPPORTUNITY*** Freehold Sale Of Two Flats That Offers Seven Double Bedroom Letting Accommodation***First Floor Four Double Bedroom Letting Property*** Ground Floor Three Bedroom Letting Property***Successfully Let For ManyYears***Tenancy Agreement In Place On Both Properties For 2020/2021*** Combined Lettings Income Of £33,600 Per Annum*** 7.07% yield*** Walking Distance Of Marine College, Woodlane Campus, Bus Stops And Town Centre*** Spacious Common Room And Separate Kitchen*** To Be Sold Furnished*** Double Glazed***

A fantastic opportunity to purchase a successful and proven lettings property that produces a yield of 7.07%. The freehold of this property comprises two separate letting flats that provide a combined income of £33,600 per annum. The flats both have tenancy agreements in place for 2020/ 2021 and will be sold with the benefit of these agreements. The properties will also be sold fully furnished and will provide any purchase an immediate income upon completion of a purchase.
The ground floor flat comprises three letting bedrooms, one of these being en suite, open plan kitchen/ common room, shower room and a side courtyard area. This apartment also has double glazing and electric heating.
The first floor flat comprises four double bedrooms, common room, kitchen, Bathroom, separate shower room, separate w.c and a rear courtyard area. This apartment also has the benefit of double glazing and central heating
An increasingly rare opportunity to acquire such a property and a viewing is very highly advised.

Ground Floor Flat -

Hallway - Double glazed door to the front, tiled flooring throughout, radiator, open access through to the kitchen and common room area, doors off to two bedrooms and a shower room.

Kitchen And Common Room - 5.46m x 3.05m (17'11" x 10') - Kitchen Area
Fitted kitchen comprising floor and wall units with working surfaces over, inset sink and drainer unit, space for cooker with cooker hood above, space for washing machine and fridge freezer, tiled flooring, double glazed window to the side.
Common Room Area
Continuation of tiled flooring and double glazed door to side courtyard area, radiator.

Bedroom 1 - 3.84m x 3.68m (12'7" x 12'1") - Door from the entrance hallway, a good sized double bedroom, double glazed window to the front, radiator, tiled floor.

Bedroom 2 - 3.71m x 3.40m (12'2" x 11'2") - Another spacious double bedroom, double glazed door to the rear opening on to the courtyard, tiled flooring, radiator.

Shower Room - The shower room is accessed from the entrance hallway and mainly services bedrooms one and two. The shower room comprises a white suite of shower enclosure with glazed door, inner tiled walling and shower above, wall mounted wash hand basin, low level WC, extractor fan.

Bedroom 3 - 3.48m x 2.90m (11'5" x 9'6") - This room is accessed from the rear of the kitchen and comprises a further good sized double bedroom that has it's own en-suite bathroom, double glazed window to the size with further double glazed door to side courtyard, radiator and door through to the en-suite bathroom.

Bathroom - White suite comprising panelled bath with part tiled surround and shower above, low level WC, wash hand basin, heated towel rail, extractor fan.

First Floor Flat -

Kitchen - 3.23m x 2.39m (10'7" x 7'10") - Double glazed door from the rear courtyard, fitted with a range of floor, wall and drawer units, with working surfaces over and part tiled surround, space for cooker with cooker hood above, space for washing machine, space for fridge, radiator and double glazed window to the side. Door leading through to the common room.

Communal Living Room - 3.51m x 3.28m (11'6" x 10'9") - Light and airy common room with full height vaulted ceiling, two large inset Velux windows, further double glazed window to side, further double glazed door to side, radiator. Door through to inner hallway.

Inner Hallway - The inner hallway provides access to the 3 bedrooms on this floor along with access to both shower rooms and the separate WC. Doorway providing access stairwell providing access to bedroom four, Velux window, radiator.

Bedroom 1 - 3.71m x 2.72m (12'2" x 8'11") - Spacious double bedroom with double glazed window to the front, radiator.

Bedroom 2 - 3.78m x 2.82m (12'5" x 9'3") - A further spacious double bedroom with double glazed window to front, radiator.

Bedroom 3 - 3.91m x 3.66m (12'10" x 12') - A further spacious double bedroom with double glazed window to front, radiator.

Bathroom - Double glazed window to the side, white suite comprising panelled bath with tiled surround and shower above, wash hand basin, low level WC, radiator and extractor fan.

Shower Room - Double glazed window to the side, shower cubicle with inner tiled walling and shower above, extractor fan.

Separate Wc - Door from Inner Hallway, white suite comprising low level WC, wash hand basin, extractor fan

Bedroom 4 - 5.38m x 5.08m (17'8" x 16'8") - A very spacious double bedroom with walk in dormer window to the front overlooking Killigrew Street, further Velux window to the rear, radiator.

Courtyard Area - To the side of the ground floor apartment there is a small side courtyard area laid to hard standing with steps leading up to the upper courtyard. At the rear of the first floor apartment is a further courtyard area to the rear, providing pedestrian access to New Windsor Terrace,

Brochures

BrochureKilligrew Street, Falmouth

Energy Performance Certificates

EE RatingEI Rating

Killigrew Street, Falmouth

NEAREST STATIONSDistances are straight line measurements from the centre of the postcode

  • Penmere Station0.3 miles
  • Falmouth Town Station0.5 miles
  • Falmouth Docks Station0.9 miles

About the agent

Trelawny PM Limited, Falmouth

1 Berkeley Court, Falmouth, Cornwall, TR11 3XE

Trelawny PM Limited, Falmouth
We are a well established, independent company with a town centre office specialising in both Residential Property Sales & Residential Property Lettings.

We cover the whole of Cornwall with a reputation as a friendly and dedicated Agent.

Our rental department has been successfully operating for over 12 years and has managed in excess of 5,000 Tenancies.

Our Sales department is lead by James Carter who has over 23 years' experience of dealing with property sales in Cornwall.
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Disclaimer - Property reference 29787575. 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 Trelawny PM Limited, 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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