Map6 bedroom apartment for sale
Killigrew Street, Falmouth TR11
Apartment
6 beds
365 sq ft / 34 sq m
EPC rating: C
Key information
Features and description
- Six fully furnished student apartments
- Currently generating an income of £74000
- Fully let until Summer 2025
- 6 Properties with residential & student permissions
- Gas central heating
FULL DESCRIPTION • SIX INDIVIDUAL ONE BEDROOM STUDENT APARTMENTS
• CURRENTLY GENERATING AN ANNUAL RENTAL INCOME OF £74,040
• PROJECTED ANNUAL INCOME TO RISE WITH INCREASED RENTS TO £85,680
• LET UNTIL 2025
• CCTV & WIFI SET UP
• CENTRAL FALMOUTH LOCATION
• STUDENT & RESIDENTIAL USE PERMITTED
A fantastic opportunity to purchase six fully furnished one bedroom student properties located in the heart of bustling Falmouth. Currently generating an annual rent of £74,040 and let until 2024. Income is projected to rise with increased rents to £85,680 with two tenancies renewing until 2025 and the remaining have been let. Each apartment is finished to a high standard with German kitchens with AEG appliances.
The layout of each apartment consists of a sitting room, kitchen and shower room. The ground floor rear apartment has a decked courtyard, tiered garden, and an external utility room and WC. The block is monitored by CCTV in the communal areas. All EPCs range from B-E. The EPC shown is an example from one of the apartments.
LOCATION Consistently named as one of the top places to live in the UK, Falmouth is a bustling university town with a fantastic mix of eateries & galleries. Throughout the year the town hosts various festivals and events including the world famous tall ships regatta and red arrows display. With excellent bus routes, and train stations not far away, this location is perfect for both students and residential lettings.
OTHER Our lettings department would expect to achieve a gross yield of 8% . For any further information or any buy to let related advice please contact our lettings department on[use Contact Agent Button] and ask for Sammy Jones.
• CURRENTLY GENERATING AN ANNUAL RENTAL INCOME OF £74,040
• PROJECTED ANNUAL INCOME TO RISE WITH INCREASED RENTS TO £85,680
• LET UNTIL 2025
• CCTV & WIFI SET UP
• CENTRAL FALMOUTH LOCATION
• STUDENT & RESIDENTIAL USE PERMITTED
A fantastic opportunity to purchase six fully furnished one bedroom student properties located in the heart of bustling Falmouth. Currently generating an annual rent of £74,040 and let until 2024. Income is projected to rise with increased rents to £85,680 with two tenancies renewing until 2025 and the remaining have been let. Each apartment is finished to a high standard with German kitchens with AEG appliances.
The layout of each apartment consists of a sitting room, kitchen and shower room. The ground floor rear apartment has a decked courtyard, tiered garden, and an external utility room and WC. The block is monitored by CCTV in the communal areas. All EPCs range from B-E. The EPC shown is an example from one of the apartments.
LOCATION Consistently named as one of the top places to live in the UK, Falmouth is a bustling university town with a fantastic mix of eateries & galleries. Throughout the year the town hosts various festivals and events including the world famous tall ships regatta and red arrows display. With excellent bus routes, and train stations not far away, this location is perfect for both students and residential lettings.
OTHER Our lettings department would expect to achieve a gross yield of 8% . For any further information or any buy to let related advice please contact our lettings department on[use Contact Agent Button] and ask for Sammy Jones.
Property information from this agent
About this agent
Company mission, vision and values; Pioneering a smarter estate agent, by innovating outstanding customer service, creating lifetime customers. Thank you for dropping by to find out more about SMART and our fantastic team. From the start... Completely independent, and free to provide the service our clients and customers really want, SMART Estate Agent launched in 2014 and certainly hit the ground running as it was immediately apparent that Exeter had been crying out for an estate agent movers could rely on. So much so that we soon grew and added our Exmouth & Penryn Cornwall branches to our name. This allowed us to provide even more southwestern homeowners and landlords with our renowned services.
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