This Blog is directed at Landlords who are interested in property in Falmouth and surrounding area. We aim to keep landlords updated on potential local property investment opportunities as well as give our light-hearted commentary on Property News items that might affect them and their property investment.
Monday, 10 July 2017
We are departing from our normal blog
article by presenting a versatile investment opportunity to our readers.
As a Directorship, we have had a
link with this one bedroom property since it was built approximately 12 years
ago. The current owners have decided to emigrate to Australia and are reluctant
to sell what has been their permanent home and long-term investment let.
It is well cared for throughout
and comprises hallway, double bedroom, bathroom and open plan living, dining
room and kitchen. Slide doors from the dining area lead to a rather neat
concealed balcony which has been ‘cut’ into the roof. It is south facing and
offers immediate 180 degree views up river towards old Penryn and down river to
Penryn Bridge and the main estuary.
Kitchen10' 2" x 7' 3" (3.1m x 2.21m)
Lounge/ Dining Area14'
1" x 11' 4" (4.30m x 3.47m)
Bedroom12' 5" x 11' 7" (3.80m x 3.55m)
It currently returns £625 per
calendar month to a professional long-term tenant.
If re-marketed for rent in our
opinion it would return £650-675 PCM.
The management fees which include
block insurance are £ TBC.
We can thoroughly recommend this investment for its rental potential and also historical capital growth. If this property appeals to you please give us a call!