Agents comments If you are looking for a large Falmouth townhouse with huge potential and the ability to generate a great return, look no further. This surprisingly spacious property is currently utilised as seven bedroom, licensed, HMO. With very little competition for a property such as this in the current market an early appointment to view is highly recommended.
This deceptively large townhouse has previously been run as a successful seven bedroom B&B with owners accommodation and could easily be utilised as such again or even an AirBnB style holiday let. The flexible and spacious accommodation could also potentially be split to create two duplex apartments (subject to any required planning permission and consent).
Castleton is currently producing a very healthy return as a licensed, seven bedroom HMO (house of multiple occupancy). With a little rearrangement and pending the HMO application process we believe an extra letting bedroom could be added increasing the property's potential yield further.
The accommodation is arranged over four floors and currently comprises; five ensuite bedrooms, three further double bedrooms and two shower rooms. There is a well presented fitted kitchen/breakfast room, reception room with separate storage room and utility space. Outside the property there is a low maintenance, fully enclosed, paved garden.
The property is situated in an enviably convenient location on Killigrew Street, less than a stones throw away from the bustling town centre which offers a wide range of independent shops, eateries and entertainment venues, the marine college and university campus at Woodlane are just a few minutes walk away. The local bus station on the moor and a choice of train stations, with branch line running to the cathedral city of Truro, are also within easy reach.
Another selling point for this already very desirable property is its proximity to the stunning seafront, offering a selection of beaches, coastal walks and watersports centres.
In all we would highly recommend an early appointment to view as properties of this size, with this potential are scarcely available in todays market.
When calling to arrange your viewing please press option 2 and then option 1 to speak with Adam, if unavailable when calling please email
The details in full comprise (all measurements are approximate. The accomodation is described as it is currently utilised);
entrance Front door opening to the entrance porch, additional door giving access to the reception hallway.
Reception hall Access to three ground floor bedrooms. Stairs give access to first floor and lower ground floor.
Bedroom 16' 8" x 14' 1" (5.1m x 4.3m) Large, light double bedroom with a tiled fire place, shelved alcove and UPVC double glazed window to the front elevation.
Bedroom with ensuite 14' 1" x 12' 1" (4.3m x 3.7m) Double bedroom with UPVC double glazed window to the rear elevation. Sliding door to ensuite shower room.
Ensuite - fitted with a three piece suite.
Bedroom with ensuite 8' 2" x 6' 2" (2.5m x 1.9m) The smallest of the bedrooms with UPVC double glazed window to rear elevation (this room is not let on the current 7 bedroom agreement).
Ensuite - UPVC double glazed window and fitted with a three piece suite.
First floor landing UPVC double glazed window to the rear on return, access to three ensuite bedrooms and stair case giving access to the second floor landing.
Bedroom with ensuite 12' 5" x 12' 1" (3.8m x 3.7m) The largest double bedroom on the first floor with UPVC double glazed window to the rear elevation.
Ensuite - three piece fitted shower room/WC.
Bedroom with ensuite 11' 5" x 10' 5" (3.5m x 3.2m) Generous ensuite double bedroom with UPVC double glazed window to the front elevation.
Ensuite - Fitted three piece shower room/WC.
Bedroom with ensuite 10' 2" x 8' 10" (3.1m x 2.7m) Again with UPVC double glazed window to the front elevation.
Ensuite - Fitted shower room/WC.
Second floor landing Access to two further double bedrooms and shower room/WC.
Bedroom 14' 5" x 11' 5" (4.4m x 3.5m) Dormer UPVC double glazed window to the rear elevation.
Bedroom 14' 5" x 8' 10" (4.4m x 2.7m) With Velux window to the front elevation.
Shower room/WC Fitted with a walk in shower cubicle, wash hand basin and low flush WC. Access to loft space.
Lower ground floor landing Giving access to the reception room, kitchen/breakfast room and through utility space to shower room/WC.
Lounge 14' 1" x 13' 9" (4.3m x 4.2m) With UPVC double glazed windows to the front. Access to generously proportioned storage room (14' 1" x 6' 2" (4.3m x 1.9m)) which could be utilised in several ways or even opened to create a larger living space.
Kitchen/breakfast room 13' 5" x 12' 1" (4.1m x 3.7m) Recently replaced kitchen/breakfast room with a range of wall and base units and drawers, worksurface over extends to create a very useful breakfast bar area, the worksurface also incorporates two hobs with chrome extractor over, eye level double oven and space and plumbing for dish washer. UPVC double glazed window and door to the rear.
Utility space Wall mounted gas central heating boiler, space and plumbing for white goods door to outside and internal door to shower room/WC.
Shower room/WC A further three piece shower room with fitted shower cubicle, low level flush WC and pedestal wash hand basin.
Outside A low maintenance, paved patio garden at the rear of the property enjoys a westerly aspect and allows pedestrian access onto Brook Place.
Nb There is a HMO tenancy in place for 7 residents until September 2022 (12 month tenancy agreement). The current gross return is £2650 per calendar month. Previously the owner has let this property out as a 8 bedroom HMO increasing the gross return to £3060 per calendar month.
Viewing arrangements When calling to arrange your viewing please press option 2 and then option 1 to speak with Adam, if unavailable when calling please email
agents notes 1. Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Desmond & Co has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers
interests to check the working condition of any appliances.
6: Desmond & Co has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.