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House For Sale £500,000
Killigrew Street, Falmouth


Description

Agents Comments

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 making £42,000 PA (set to rise in 2024/25). 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 watersports 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. When calling to arrange your viewing please press option 2 and then option 1 to speak with Adam, if unavailable when calling please email the office.

 

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 £3500 per calendar month which equates to £42,000 per annum. The current tenancy rates are due to rise next academic year.  

Viewing Arrangements

When calling to arrange your viewing please press option 2 and then option 1 to speak with Adam, if unavailable when calling please the office.

 

Agents Comments

 

1: 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.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: Desmond & Co has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: Desmond & Co has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.


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onthemarket.com

  
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