01392 202220   •   Residential Sales: sales@cooksleys.co.uk   •   Residential Lettings: lettings@cooksleys.co.uk   •   Student Lettings: students@cooksleys.co.uk
     
01392 202220   •   Residential Sales: sales@cooksleys.co.uk   •   Residential Lettings: lettings@cooksleys.co.uk   •   Student Lettings: students@cooksleys.co.uk
     
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Market Strand, Falmouth
£325,000

  • Front Elevation
    Front Elevation
  • View
    View
  • Kitchen
    Kitchen
  • Shower Room
    Shower Room
  • Living Room
    Living Room
  • Kitchen
    Kitchen
  • Bedroom 1
    Bedroom 1
  • Bedroom 2
    Bedroom 2
  • Bedroom 5
    Bedroom 5
  • Bedroom 3
    Bedroom 3

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  • 5 Bedrooms
  • Grade 2 Listed
  • Fantastic Rental Yield
  • Harbour Views
  • Central Town Location
  • 1479 Sq Ft Accommodation

STUDENT INVESTMENT OPPORTUNITY - Occupying the entirety of the second floor in a central Falmouth location, this 5-double bedroomed, Grade 2 listed property offers an ideal investment vehicle and is currently let to student tenants at a rate of £1810 per calendar month providing a gross yield of 6.7% with a HMO licence for 5 occupants. Whilst enjoying sea views of Falmouth Harbour and the Carrick Roads, the apartment also provides generous accommodation of nearly 1500 sq. ft. with ample kitchen /diner and large separate lounge. On the doorstep of Falmouth's wide variety of amenities, the property has proved very popular with tenants during the current vendor’s ownership and will be sold with the current tenancy as a going concern.


Communal Hallway

Entranced on the ground floor, provides access to the three apartments in the building

Entrance Hall

Central hallway giving access to all living space, bedrooms and shower room.

Living Room

15' 3'' x 14' 11'' (4.65m x 4.55m)

An elegant and well sized room with a front aspect, wooden sash bay window enjoying views of Falmouth Harbour and the Carrick Roads. Includes full height storage cupboard

Kitchen/Diner

15' 9'' x 11' 0'' (4.81m x 3.35m)

A generous L-shaped room with high and low level cream gloss cupboards and dark grey worktop, includes electric oven, gas hob and extractor overhead, freestanding washing machine & fridge freezer. Stainless steel sink & drainer, full width tiled splash back and wall mounted gas combi boiler. The dining area boasts further useful cupboard storage space and a large rear aspect wooden sash window.

Bedroom 1

15' 7'' x 14' 0'' (4.74m x 4.27m)

Large double room with side aspect wooden sash window enjoying excellent views of the harbour, also includes decorative cast iron fireplace.

Bedroom 2

14' 3'' x 11' 11'' (4.34m x 3.62m)

Double room with side aspect wooden sash window and decorative cast iron fireplace.

Bedroom 3

14' 5'' x 12' 1'' (4.39m x 3.68m)

Double room with side aspect wooden sash window and decorative cast iron fireplace.

Bedroom 4

15' 0'' x 8' 6'' (4.57m x 2.58m)

Double room with front aspect wooden sash bay window.

Bedroom 5

14' 3'' x 8' 6'' (4.35m x 2.58m)

Double room with front aspect wooden sash window.

Shower Room

Refurbished shower room with double shower cubicle, W/C, floating glass wash basin & high level obscure glazed window. Vinyl flooring.

Cloakroom

Comprising W/C and wash basin.

Tenure

Leasehold - The remainder of a 999 year lease commencing in 2000, annual ground rent of £50, annual service charge of £500, annual buildings insurance of £228.

Services

Main electricity, drainage and gas fired central heating.

Agents Note

The property is currently let for £1810pcm until June 2020 and is also ways moves quickly when re-advertised due to it's favourable central Falmouth location.

EPC Rating - D


Name Location Type Distance
Market Strand
Falmouth TR11 3DB
County: Cornwall
Sale Type: For Sale
Ref #: CHF0167

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