- Central Falmouth property
- Separate three bedroom ground floor flat
- Separate 4 bedroom maisonette
- Separate access & courtyard/terrace for each
- Sold as a going concern
- Lucrative £44,100 gross pa student let
- Tenants secured for 24/25 Academic year
THE PROPERTY
Our clients are seasoned owners of several Falmouth investment properties, for whom we have acted over the years. Their retirement or at least a desire for winding down a little results in the availability and opportunity to buy Number 89. This lucrative investment generates a healthy yield of just over 9.5% gross. Within the property are two separate and independently accessed HMOs with tenants in place for the 2024/25 academic year.
FIRST FLOOR MAISONETTE
Accessed to the rear off New Windsor Terrace is the first floor maisonette with four double letting rooms, living room, shower room, bathroom/WC and a cloakroom WC. Oil centrally heated with radiators and has a well-orientated terrace off the kitchen.
GROUND FLOOR FLAT
Number 89’s front door leads into the three bedroom ground floor apartment, one bedroom with ensuite plus a separate shower room/WC. The three bedrooms have wall mounted electric heaters and there is an area of courtyard from the living/dining room and kitchen.
Important information
This is not a Shared Ownership Property
This is a Freehold property.
Property Ref: 9883453a-0f03-48e2-9252-e0dab5f1ac18
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Heather & Lay Estate Agents Limited (Falmouth)
Falmouth, Cornwall, TR11 3DN
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