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Guide Price £285,000

End of Terrace House


4 Bedroom End of Terrace House for sale in Falmouth

Superb student let, actively let since 2009 and tenants in place until June 2022 with an income of £1680 pcm. Opposite the train station and on a bus route, so useful and easy to access both the Falmouth and Tremough campuses! Being sold as a “Going Concern” and the new owner will inherit the current tenants and must honour the signed tenancy.

Key Features:

  • Successful student let
  • Actively rented since 2009
  • Monthly income of £1680
  • Four letting rooms
  • Great location
  • New owner must honour current tenancy

THE PROPERTY Believed to date from the late 1800's or early 1900's, Penmere Hill housing stock is very much in demand mostly terraced houses with lovely bay fronted windows. Number 25 has been a successfully let student home since 2009 and has already got signed tenancies in place until June 2022. We are selling this as a "Going Concern" and the new owner would be required to honour the existing tenancies. There are currently four letting rooms and also a box room which is too small to comply with letting room size legislation but with some adjustments this could be yet another letting room and of course a further income source. There are two bedrooms on the ground floor and two more on the first floor, kitchen is to the rear leading out to the courtyard plus a bathroom, separate W/C and separate shower room upstairs. Our vendors use the services of a local house manager who has expressed a desire to continue with the overseeing of the property.

THE LOCATION Falmouth is a thriving and vibrant town with an eclectic mixture of independent and national shops, many galleries showcasing local art and crafts and an excellent and varied selection of places to eat and drink. Events Square and the National Maritime Museum regularly host activities and events throughout the year including Falmouth Classics, Falmouth Week and the Oyster and Sea Shanty festivals. Falmouth seafront faces south over the Bay with sandy beaches and access to the South West coastal path leading back to Swanpool near to the house. No wonder then, that Falmouth is consistently voted in the top five favourite places to live in the UK. Penmere Hill is located on the outskirts of Falmouth in an area of much lower density of housing than is the norm today, some nearby shops which include a very nice fish & chip shop, bus stops and Penmere Halt train station is just a hundred yards away. The local 'early 'til late' Co-op is ones' excellent 'Corner Shop' and two Primary Schools are close by.

ACCOMMODATION IN DETAIL (ALL MEASUREMENTS ARE APPROXIMATE) A small front gravel garden leads to a blue wooden door which opens into a vestibule with RCD fuseboard and glazed door into the………

ENTRANCE HALL Lovely stripped wooden flooring, stairs to the first floor, doors to bedrooms one and two and through to the kitchen at the end of the hallway.

KITCHEN 10' 1" x 8' 4" (3.07m x 2.54m) Wood fronted base and eye level units with dark work surface. Belling hob with extractor over and tiled splashback, Indesit electric oven, window to the side with stainless steel sink below. Free standing washing machine and fridge/freezer. Wall mounted Baxi combination gas boiler supplying central heating via the radiators located in each room plus hot water on demand. Tiled flooring, half glazed door to rear courtyard. Large larder cupboard. Spotlights, smoke alarm and carbon monoxide alarm.

BEDROOM ONE 12' 3" x 11' 1" (3.73m x 3.38m) (plus bay window inset to the front) Carpet flooring, radiator, bed, wardrobe, chest of drawers and office table with chair. (8'2" ceiling height).

BEDROOM TWO 11' 4" x 9' 6" (3.45m x 2.9m) Window to the rear. Carpet flooring, radiator, bed, wardrobe, chest of drawers and office table with chair. (8'2" ceiling height).


LANDING High level obscure window giving natural light into this large landing. At the top of the stairs the landing leads to the bedroom to the front and bathrooms to the rear. Radiator.

BEDROOM THREE 11' 3" x 10' 4" (3.43m x 3.15m) Window to the rear. Carpet flooring, radiator, bed, wardrobe, chest of drawers and office table with chair.

BEDROOM FOUR 11' 3" x 9' 7" (3.43m x 2.92m) Window to the front. Carpet flooring, radiator, bed, wardrobe, chest of drawers and office table with chair.

BATHROOM 9' 2" x 5' 5" (2.79m x 1.65m) White suite comprising bath, W/C and pedestal hand wash basin. Radiator. Heated towel rail. Obscure window to the rear.

SEPARATE W/C W/C, wall mounted hand wash basin, obscure window to the side.

SEPARATE SHOWER CUBICLE Plumbed shower, extractor bi-fold glazed door.

OUTSIDE The rear courtyard has a mixture of high walling and fencing with a gate to the rear. Concrete paved flooring.

On road parking is available directly outside the front of the house.
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