Hulls Lane, Falmouth, TR11

Guide Price
£650,000

8 Bedroom Detached House for sale in Falmouth

4 8 4
  • Four Apartments Consisting Of 1x1 Bedroom, 2x2 Bedroom and 1x3 Bedroom
  • Successful Rental Property Offering A Gross Yield Of 10.75%
  • A Monthly Gross Yield of £5,826.84
  • Achieving £728.36 Per Room Per Month
  • Sold As An Ongoing Concern With Tenants In Situ
  • Fantastic Location, Yards From The High Street
  • Perfect For Students And Young Professionals
  • Well Presented Throughout
  • Parking For Two

THE PROPERTY

Hulls house, located on Hulls Lane is just a stones throw from Arwenack street offering a brilliant location for students and young professionals alike. Currently set up as four apartments consisting of 1x1 Bedroom, 2x2 Bedroom and 1x3 Bedroom all with tenants in situ until Summer 2026. Hulls House is owned by a professional landlord with multiple rental properties and will always ensure his properties are maintained to a standard and are well presented with a no nonsense approach. At Hulls house, he has created a fit for purpose, money making machine currently achieving an impressive yield of 10.75% with a gross yield of £69,922 making a great opportunity to acquire a rental property already running with successful yields.

LOCATION

Hulls Lane is a historic part of Falmouth, tucked away yet just a few strides from Arwenack shopping street and the harbourside, with so much of what Falmouth has to offer on its doorstep. The Maritime museum and Events Square, together with an eclectic mixture of fine pubs and restaurants, galleries and independent shops makes Falmouth an exciting place to holiday and for the lucky few, to reside. Junior and secondary schooling facilities are nearby at King Charles and Trescobeas and many faculties of the Combined University of Cornwall are within a few minutes walk along Woodlane. The nearby railway stations at The Dell provides a direct link to the cathedral city of Truro. The town hosts events throughout the year, such as the Falmouth Classics, the Oyster Festival, the celebrations of Falmouth Week and the Sea Shanty Festival.

Important Information

  • This is a Freehold property.
  • EPC Rating is C

Property Ref: 48d848b3-7980-4e51-906f-9263931ebac4

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