Falmouth
£295,000

Guide price

Bedrooms: 5
Occupying a position within central Falmouth is this fully licensed HMO, currently let to 5 students until July 2024. Currently providing a rental yield of 8.2% and a rental income of £2,025 pcm (£24,300 pa), with the potential to increase this with a scheme of updating. This substantial house provides a great investment opportunity or family home with the benefit of a single garage to the rear. No onward chain.

THE ACCOMMODATION COMPRISES

(all dimensions being approximate)

ENTRANCE VESTIBULE

Half glazed front door. Wall mounted electric consumer unit and meter. dado rail. Door to:-

HALLWAY

Stairs to first floor with storage cupboard under. Radiator. Doors to bedrooms one, two and common room.

BEDROOM ONE

3.76m x 4.83m (12'4 x 15'10 )

Measurement into bay. Double glazed bay window to the front elevation. Picture rail. Fireplace with tiled surround and inset gas fire (not connected). Radiator.

BEDROOM TWO

3.23m x 3.58m (10'7 x 11'8 )

Double glazed window to the rear elevation. Radiator.

COMMUNAL ROOM

2.74m x 4.04m (8'11 x 13'3 )

Exposed floorboards. Multi pane glazed doors to the rear garden. Fitted larder cupboard. Radiator.

KITCHEN

2.44m x 2.67m (8'0 x 8'9 )

Requiring updating, a basic fitted kitchen with a range of fitted cupboards with worksurface over, inset sink and spaces to house a cooker and washing machine. Wall mounted gas combination boiler providing domestic hot water and central heating. Double glazed window to rear and side elevations.

FIRST FLOOR

Staircase from the hallway to the first floor where there is a split level landing.

REAR LANDING

SEPARATE WC

Fitted with a low level WC and wash hand basin. Double glazed obscure window to the side.

BATHROOM

In need of updating, fitted with a four-piece suite comprising a shower cubicle, panelled bath with shower attachment, low level WC and pedestal wash hand basin. Radiator. Double glazed window to the side elevation.

BEDROOM THREE

2.74m x 2.79m (8'11 x 9'1 )

Double glazed window to the rear. Radiator. Access to loft space.

BEDROOM FOUR

3.28m x 3.56m (10'9 x 11'8 )

Double glazed window to the rear. Radiator.

BEDROOM FIVE

2.97m x 3.58m (9'8 x 11'8 )

Window to the front elevation. Radiator.

STUDY

1.83m x 2.57m (6'0 x 8'5 )

Double glazed window to the front. Radiator

THE EXTERIOR

REAR

Small low maintenance garden with side access to the front of the house. A door provides access to the rear of the garage with access to the rear service lane.

DETACHED GARAGE

2.69m x 4.90m (8'9 x 16'0 )

A pre-fabricated concrete garage with up-and-over door, small window to rear. Light and power connected.

GENERAL INFORMATION

AGENT'S NOTE

A Mundic Report has been carried out in 2023, with a satisfactory A2 classification, suitable for mortgage purposes, and can be reassigned.

SERVICES

Mains water, electricity, gas and drainage are connected to the property. Telephone points (subject to supplier's regulations). Gas fired central heating.

COUNCIL TAX

Band C - Cornwall Council.

TENURE

Freehold.

POSSESSION

The property is currently student let until July 2024.

VIEWING

By telephone appointment with the vendor's Sole Agent - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone: 01326 318813.

01326 318813

Laskowski & Co - Falmouth

28 High Street, Falmouth, Cornwall, TR11 2AD

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