£1,050,000
Est. Mortgage £4,789 per month*
6 bedroom flat for sale
Killigrew Street, Falmouth TR11
flat 
6 bedrooms Property description
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.
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First listed
Over a month agoEnergy Performance Certificate
Killigrew Street, Falmouth TR11
Marketed by
Smart Estate Agents - Penryn Swingbridge House, Anchor Quay Penryn, Conrwall TR10 8GUCall agent on 01326 358583
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Monthly repayment
£4,789
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Killigrew Street, Falmouth TR11 - Streetview
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