Description
Occupying a position within central Falmouth is this fully licensed HMO, currently let to 5 students until summer 2024. Currently providing a rental yield of approximately 6.9% (with expected 7.36% for the following academic year), 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 -
Agents Note - A Mundic report has been carried out with a satisfactory A2 classification, suitable for mortgage purposes.
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 Summer 2024.
Viewing - By telephone appointment with the vendor's Sole Agent - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone:[use Contact Agent Button].