7 bedroom terraced house for sale

£275,000

Killigrew Street, Falmouth TR11

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Interested in this property? Call 01326 670029 (local rate) or Arrange viewing

Property info

Property features

  • Lucrative Investment
  • 7 Letting Bedrooms
  • 2 Bath/Shower Rooms
  • Substantial Income
  • Close To Town Centre
  • Some Refurbishment Needed
  • Rear Courtyard
  • High Gross Yield

Property description

Lucrative investment opportunity


On highly popular Killigrew Street, close to the Marine College, Art School and town centre, a 3-storey house providing 7 individually-let rooms, generating a monthly income of £2, 448, when fully let. Ideally located for the town's amenities and regular bus and rail services, for sale with the benefit of the existing tenancy agreements.


The property


Located on popular Killigrew Street, Number 105 provides seven well proportioned letting rooms, which are let on an individual basis, creating a substantial monthly income of £2, 448, over £29, 000 per annum, when fully let.

There is a large kitchen/breakfast room to the ground floor, a shower room/WC, bathroom and separate WC to the first floor and, to the rear, there is a well enclosed courtyard garden with useful stores and raised sun terracing.

To be sold with the benefit of the existing tenancies (details available upon request), the availability of 105 Killigrew Street provides an increasingly rare opportunity to purchase an 'up and running' investment, generating a high gross yield.

The accommodation comprises


(All dimensions being approximate)

Entrance porch


Replacement uPVC double glazed door to the front elevation, high level electrical meters, fuses and fire alarm, half glazed door to the:-

Reception hall


Staircase rising to the first floor landing with recess under. Night storage heater, replacement uPVC double glazed door to the rear courtyard and garden area.
Bedroom one 4.49m(14'9'') x 3.60m(11'10'')
Replacement uPVC double glazed window to the front elevation, former tiled fireplace, picture rail, night storage heater.
Bedroom two 3.66m(12'0'') x 3.70m(12'2'')
Replacement uPVC double glazed window to the rear elevation, picture rail.
Kitchen 4.10m(13'5'') x 3.20m(10'6'')
A light double aspect room with replacement uPVC double glazed windows to the side and rear elevations. Full range of fitted wall and base units with round-edged worksurfaces between with tiled splashbacks. Recess and plumbing for automatic washing machine, inset stainless steel sink unit, cooker recess with cooker panel point. Shelved pantry with window to the side elevation, further deep storage recess.

First floor

split level landing


Rear landing area with replacement uPVC double glazed window to the side elevation, access to loft area, doors to the WC, bathroom and shower room.
Shower room 3.22m(10'7'') x 2.55m(8'4'')
Replacement obscure uPVC double glazed windows to the side and rear elevations, low flush WC, wall mounted wash hand basin, tiled shower cubicle with Mira shower. Extractor fan, built-in airing cupboard housing foam lagged copper cylinder with immersion heater and linen shelving.

Bathroom


Part tiled walls, panelled bath with handgrips, Mira shower, pedestal wash hand basin, replacement uPVC double glazed window to the side elevation, strip light with shaver socket, convector heater.

Separate WC


Low flush WC, obscure uPVC double glazed window to the side elevation.
Bedroom three 3.72m(12'2'') x 3.72m(12'2'')
Replacement uPVC double glazed window to the rear elevation, pedestal wash hand basin.
Bedroom four 3.20m(10'6'') x 3.40m(11'2'')
(Measurements to be confirmed). Window to the front elevation.
Bedroom five 2.12m(6'11'') x 2.53m(8'4'')
Replacement uPVC double glazed window to the front elevation.

Second floor

landing


Doors to bedrooms six and seven.
Bedroom six 3.16m(10'4'') x 3.45m(11'4'')
Measurements exclude a 1.65m(5'5) deep recess to the front elevation. Replacement uPVC double glazed windows the full width of the room - 4.85m(15'11) - providing lots of light and an elevated outlook over Killigrew Street and the town beyond. Further window to the side elevation with glimpses of Falmouth Harbour and Flushing. Pedestal wash hand basin.
Bedroom seven 4.13m(13'7'') x 3.50m(11'6'')
Full breadth of the room range of replacement uPVC double glazed windows to the rear elevation, again providing much natural light. Window to the side elevation with harbour glimpses, pedestal wash hand basin with Redring water heater.

The exterior

rear courtyard


Courtesy door from the accommodation, two outside stores, bin storage area, granite steps to the:-

Raised rear garden


Well enclosed by timber fencing, overgrown, but providing scope for landscaping.

General information

services


Mains electricity, water and drainage are connected to the property.

Council tax


Band C - Cornwall Council.

Tenure


Freehold.

Possession


The property is being sold as an investment, subject to existing individual assured short hold tenancies, details of which are available upon request.

Viewing


Strictly by prior appointment with the vendor's Sole Agents - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone:

Floor plans


For identification purposes only - not to scale.

EPC


These particulars have been prepared as a general guide only for prospective purchasers. Although every effort has been made to provide a fair and reasonable description of the property, no specific survey or detailed inspection has been carried out in relation to the building, services, appliances and any fixtures and fittings. All measurements, dimensions, acreages and distances are approximate and should not be relied upon for accuracy. All buyers should rely on their own surveys and investigations in connection with a purchase of the property.
Request details

For more information about this property, please contact
Laskowski & Co, TR11 on 01326 670029 (local rate)

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TR11 Zed-Index What is the Zed-Index
£274,610 £404,072 £224,685 £218,988 £214,728

stats for 
Value change
£2,917 (1.07%) £492 (-0.18%) £8,324 (-2.94%) £225 (0.08%) £507 (-0.18%) £19,167 (7.50%) £22,082 (-7.44%)
from 
Avg. price paid: £264,829
No. of property sales: 444
Avg. price paid: £261,250
No. of property sales: 1,402
Avg. price paid: £260,177
No. of property sales: 2,212
Avg. price paid: £262,321
No. of property sales: 3,456

Avg. asking price in TR11: £361,281
No. of properties for sale in TR11: 484
Avg. asking rent in TR11: £849 pcm
No. of properties to rent in TR11: 80

Property value data/graphs for TR11

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £404,072 £276 3.6 £381,765
Semi-detached £224,685 £221 3.2 £233,244
Terraced £218,988 £231 3.2 £233,440
Flats £214,728 £294 2.1 £186,034

Current asking prices in TR11

Avg. current asking prices in TR11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £197,917
(6)
£213,924
(58)
£286,134
(146)
£484,319
(87)
£911,679
(35)
Flats £126,753
(38)
£216,121
(69)
£330,989
(14)
£414,362
(4)
£471,665
(3)
All £136,458
(44)
£215,117
(127)
£290,059
(160)
£481,244
(91)
£876,941
(38)

Current asking rents in TR11

Avg. current asking prices in TR11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £627 pcm
(6)
£735 pcm
(8)
£844 pcm
(10)
£1,100 pcm
(8)
£1,742 pcm
(3)
Flats £524 pcm
(15)
£730 pcm
(19)
£771 pcm
(2)
£1,300 pcm
(1)
£1,729 pcm
(1)
All £553 pcm
(21)
£731 pcm
(27)
£832 pcm
(12)
£1,122 pcm
(9)
£1,739 pcm
(4)

Fun facts for TR11

Highest value in TR11
Highest value streets Zed-Index What is the Zed-Index
Helford Passage Hill £1,347,798
Penarrow Road £1,324,746
£1,063,243
Greatwood £907,896
Restronguet £871,947
Highest turnover in TR11
Highest turnover streets Turnover What is Turnover?
Brook Place 63.2%
Wellington Gardens 56.0%
Swans Reach 55.8%
Gyllyngvase Terrace 54.2%
Brook Street 53.8%

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Nearby stations and schools

  • Penmere (0.3 miles)
  • Falmouth Town (0.5 miles)
  • Falmouth Docks (0.9 miles)
  • University College Falmouth (0.3 miles)
  • Falmouth Primary School (0.4 miles)
  • St Mary's Catholic Primary School, Falmouth (0.7 miles)

Local info for Cornwall

About the neighbours in TR11 3PU

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