Falmouth, TR11

A good opportunity to own this established, five bedroom, registered HMO letting investment property which is set in a popular and elevated location at Wellington Terrace, within walking distance to the town centre. There are educational facilities at Falmouth University (Woodlane Campus) and the Marine School at Killigrew Street and good local transport routes to the surrounding area.


The property has been successfully let to professionals for the past five years and is being sold with all rooms let and currently under a full management arrangement with a local bespoke letting company, Cornwall Living Property. The house has been refurbished to a high standard and has features including gas fire central heating by radiators, UVPC double glazed windows, a refitted kitchen in high gloss white, two remodelled bathrooms and available as a turnkey transaction to continue this successful business. As you would expect, there is a full fire alarm and certification, a registered HMO licence lasting until 2028 gas safe and electrical certificates.

The accommodation on the ground floor includes an entrance porch, reception hall, a double bedroom, a communal lounge with doors to a conservatory, rear porch and a fitted kitchen/dining room with appliances. The first floor provides three bedrooms, a shower room/wc and a second separate wc. A door on the landing leads to the sun deck at the rear and finally a turning staircase takes you to the top floor where you will find the largest of the bedrooms which has canopy ceilings and an en-suite shower room. There is a small courtyard area at the rear and one parking space which is approached via a service lane behind the house.

The house currently produces an annual rental income of ?25,392 nett. Full details available on request.

Multi pained front door to entrance porch where continuous hard wearing flooring radiator dado rail.

BEDROOM ONE 4.01m (13'2') x 3.71m (12'2')
Having a double radiator, recessed UPVC double glazed window overlooking the front, picture rail and carpet.

LOUNGE 3.86m (12'8') x 3.66m (12'0')
A pleasant communal reception room with double radiator, painted enclosed period fireplace, a picture rail and double opening French doors to:

REAR CONSERVATORY/PORCH 2.13m (7'0') x 2.03m (6'8')
Having vinyl flooring, a wall mounted gas boiler, mono pitched tri polycarbonate roofing, a single glazed window and French door to outside.

KITCHEN/DINING ROOM 4.75m (15'7') x 2.74m (9'0')
Plus a recess of 4'0 x 4'0.
Refitted with range of matching wall and base units in high gloss white, brushed steel handles, wood effect wrap around roll top work surfaces and white metro tiling over, electric hob, black gloss splash back and extractor hood over, single fan assisted oven, one and a half bowl single drainer stainless steel sink unit with cupboards under, vinyl flooring, breakfast bar with space for a tumble dryer, double radiator, inset ceiling spotlights, space for a tall boy fridge freezer, frosted door from the reception hall, dual aspect double glazed windows overlooking the outside.

TURNING STAIRCASE
From hall to split level landing.

REAR LANDING
Vinyl flooring, double glazed French door leading to the rear sun deck.

SHOWER ROOM
Remodelled with white suite comprising of a corner fully tiled shower cubicle, Mira electric shower with curved screening, china wash hand basin set on a vanity unit with tiled splashback, low level flush wc, radiator, vinyl flooring, frosted double glazed window and extractor fan.

W/C
Low level flush wc, half tiled walls, vinyl flooring and frosted double glazed window.

REAR SUN DECK 2.79m (9'2') x 2.84m (9'4')
Approached via a door from the landing enjoying a sunny aspect for much of the day.

BEDROOM TWO 3.91m (12'10') x 3.66m (12'0')
With double glazed window overlooking the rear, fitted carpet, picture rail and radiator.

BEDROOM THREE 3.66m (12'0') x 2.77m (9'1')
Having picture rail, double radiator, deep recessed bay with views towards the town and fitted carpet.

BEDROOM FOUR 2.67m (8'9') x 2.44m (8'0')
Recessed double glazed window overlooking the front aspect, fitted carpet, radiator and picture rail.

STAIRCASE
From first floor landing leading to the top floor.

BEDROOM FIVE
Of an irregular shape and enjoying a bright dual aspect with Velux double glazed ceiling skylights, double glazed window overlooking the rear, fitted carpet, canopy ceilings with limited head room in parts.

EN SUITE SHOWER ROOM
En suite shower room with fully tiled shower cubicle , electric shower and curved screen, low flush wc, china wash hand basin set on a vanity unit with chrome mixer tap and electric towel rail.

OUTSIDE
To the rear of the property there is a small courtyard area and steps taking you to a parking space for one vehicle which is approached by a rear service lane.

SERVICES
Mains electricity, water, gas and drainage. Telephone and broadband connected.



COUNCIL TAX
Band C.