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Guide Price £220,000



3 Bedroom Apartment for sale in FALMOUTH

Spacious three bedroom first floor buy to let investment flat with tenancies in place until September 2022 and a gross income of £15,000 per annum. Accommodation includes a spacious communal lounge and a kitchen/dining room so possible scope for a fourth letting room and greater return in the future. An area of garden and balcony all with discreet access yet a convenient position moments from Falmouth 'Moor' and town.

Key Features:

  • Good-sized first floor flat
  • 3 Bedroom letting investment (tenancy until Sept '22)
  • £15,000 gross per annum
  • Communal lounge & kitchen/dining room
  • Scope for greater future income
  • In town location, moments from shops
  • Area of garden & covered balcony

THE PROPERTY A good-sized first floor flat, currently let as three rooms with communal lounge, a good-sized bathroom and a kitchen/dining room. Tenancies are in place from September 2021 with income of £1250 a month (£15,000 per annum).

Once this tenancy ends, we suggest there is scope to enhance income with a fourth letting room (the current sitting room), leaving the communal kitchen and dining room.

Number 21 has a small area of terrace/garden plus a covered balcony/access area.

THE LOCATION This first floor flat is discretely accessed, tucked up a walkway in Berkeley Vale yet where Falmouth 'Moor' and shops are a few paces away. All is incredibly convenient with an early 'til late convenience store on one's doorstep and the delightful Victorian Kimberley Park just up the road. The harbourside is a couple of minutes walk away, making this one of the most convenient Falmouth spots imaginable!


Along pathway to galvanised steps and balconied walkway. Panel and glazed door to......

KITCHEN/DINING ROOM 12' x 11' 2" (3.66m x 3.4m) plus recess. Original fitted chest of drawers and cupboard above housing insulated hot water tank and immersion. Fitted base and eye level units. worktops with inset stainless steel sink and drainer. space and plumbing for washing machine, cooker and fridge/freezer. Room for a table and chairs. Door to inner hall. three bedrooms and bathroom. Door to......

LIVING ROOM/BEDROOM ONE 12' 7" x 11' 8" (3.84m x 3.56m) UPVC double glazed window to front overlooking Berkeley Vale. Electric programmable heater.

BATHROOM 8' 3" x 7' 3" (2.51m x 2.21m) White three piece suite comprising button flush WC, wash hand basin, panel bath with 'Mira' shower over. Obscure UPVC double glazed window. Electric heater. Loft access.

BEDROOM TWO 11' 9" x 11' 6" (3.58m x 3.51m) UPVC double glazed window to front overlooking Berkeley Vale. Electric night storage heater.

BEDROOM THREE 11' 10" (3.61m) reducing to 8' (2.44m) x 11' 9" (3.58m)

UPVC double glazed window to rear. Electric night storage heater.

BEDROOM FOUR 11' 8" x 7' 4" (3.56m x 2.24m) UPVC double glazed window to front looking into Berkeley Vale. Electric night storage heater.

INNER HALL Electric night storage heater. Electric meter and tripping switches.

TENURE Leasehold - 999 years from July 1977.

Share of Freehold with Number 19.

Maintenance costs 50-50 as and when required.

Currently let through Martin & Co Falmouth telephone number 01326 697696.

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