Get brand editions for Heather & Lay, Falmouth

7 bedroom town house for sale

FALMOUTH

Sold STC £350,000

Property Description

Key features

  • Mid-terraced town house
  • Popular central location
  • Student let, going concern
  • HMO licenced for 7 occupants
  • Sold fully furnished
  • Top floor studio room with sea views
  • Gas central heating, double glazing
  • Projected income of 29,100 - 8.3% gross yield

Full description

Tenure: Freehold

THE LOCATION Marlborough Road is a popular location for many varying types of buyer, a fine row of Victorian town houses which provide spacious family living and, in more recent times, a popular place to live as a student whilst attending the University. This is probably because of it's convenience to town, local amenities, excellent transport links including a bus stop for the Tremough Campus and walking distance to the Falmouth University on Woodlane. It is little wonder then that the owner has never found a problem in locating students for upcoming tenancies. 

THE PROPERTY This mid-terraced town house is an up and running successful student let with an HMO licence for seven occupants. Fully furnished and with an ingoing tenancy ready for the next academic year, fully certified electrics, gas central heating and fire safe - this offers the perfect opportunity to pick up where our client has left off and provides income from day one. The owner admits to letting below the market rate and therefore generates an income of £1,965 per month (which is signed up until summer 2019) but current projections suggest that this figure should be in the region of £2,425 and therefore giving any landlord an 8.3% gross yield. Six letting room accommodation with an extra bedroom (not included in rental projections) which measures below the required square footage, the top room includes a private kitchenette and enjoys sea views. To the ground floor and rear is a living room, separate kitchen and this leads to an enclosed courtyard garden with rear access. Available to view immediately and recommended. 

ACCOMMODATION IN DETAIL (ALL MEASUREMENTS ARE APPROXIMATE)  

FRONT GARDEN Up step to pathway and a further three steps to front door, small front garden area enclosed with hedging, planted beds and trees. 

ENTRANCE HALLWAY Into entrance vestibule with further coloured glazed door into hallway, providing access to two ground floor bedrooms and living room, stairs to first floor, carpet, radiator, this area housing fire alarm system, utility meters and fuse board. 

BEDROOM ONE 16' 8" x 13' 5" (5.10m x 4.09m) Measured into bay window to front aspect, a large double bedroom, carpet, radiator, wash-basin. 

BEDROOM TWO 11' 1" x 11' 6" (3.39m x 3.53m) A double bedroom with window to rear aspect, carpet, radiator, wash-basin. 

LIVING ROOM 14' 7" x 9' 3" (4.45m x 2.82m) Located towards rear of house, entrance from hallway. Window to side aspect, blocked door with window, carpet, radiator, storage cupboard in recess under stairs. Through further doorway to... 

KITCHEN 10' 7" x 7' 3" (3.24m x 2.22m) Located to rear of house with window to rear aspect, Vellux in pitched roof, fully fitted kitchen, tiled floor, part tiled walls, gas combination boiler. Through further glazed door to... 

SHOWER ROOM & WC Tiled hallway with side access providing access to rear courtyard. Either side of which is a shower room with window to rear aspect and separate WC with basin also with window to front aspect. 

STAIRS & LANDING Stairs rise from entrance hallway to first floor split level landing which to rear of house gives access to... 

BEDROOM THREE 8' 10" x 8' 7" (2.71m x 2.62m) Good single bedroom with window to side aspect, carpet, radiator, wash-basin. 

SHOWER ROOM First floor shower room located towards rear of house, window to side aspect, vinyl floor, tiled walls, three-piece white suite comprising; low-level flush WC, pedestal wash basin, shower cubicle with glazed sliding door. 

BEDROOM FOUR 11' 8" x 11' 3" (3.58m x 3.43m) Double bedroom with window to rear aspect, carpet, radiator, wash hand basin. 

BEDROOM FIVE 12' 6" x 11' 5" (3.83m x 3.48m) A large double bedroom located to front of house with window to front aspect providing see glimpses. Carpet, radiator, wash hand basin. 

'EXTRA' ROOM 9' 0" x 5' 10" (2.76m x 1.79m) A room which because of its size cannot be qualified as a letting room but providing extra space if needed with window to front aspect, carpet, radiator. 

FURTHER STAIRS TO SECOND FLOOR Stairs rise from first floor to second floor with storage cupboards built into recess underneath. Landing space and through further door into... 

BEDROOM SIX 17' 3" x 16' 6" (5.28m x 5.05m) A large double bedroom which is qualified as being able to cater for two people if needed. Enjoying views to the sea from the front aspect Vellux window. Carpet, radiator. Small kitchen area with fitted units basin, mixer tap extractor. 

REAR COURTYARD Access from side door via kitchen. An enclosed space, concrete floor, 6x4 shed, bin store and with rear access door to lane. 


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
18 July 2018

Nearest stations

  • Penmere (0.4 mi)
  • Falmouth Town (0.4 mi)
  • Falmouth Docks (0.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Heather & Lay, Falmouth

3 Church Street, Falmouth, TR11 3DN

01326 455035 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Heather & Lay, Falmouth

3 Church Street, Falmouth, TR11 3DN

01326 455035 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penmere (0.4 mi)
  • Falmouth Town (0.4 mi)
  • Falmouth Docks (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Heather & Lay, Falmouth

3 Church Street, Falmouth, TR11 3DN

01326 455035 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100338007666. 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 Heather & Lay, 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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