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FOR SALE

£450,000 Guide Price

Dracaena Avenue, Falmouth, TR11

Terraced

5

2

1

01326 331812

Property features

Furnished Student House

5 Double Bedrooms

Communal Living Room

Two Bathrooms

9% Gross yield & tenants in situ

EPC Rating: D

About this property

A fantastic opportunity to acquire a fully configured five-bedroom student HMO offering strong rental demand and an attractive gross yield of approximately 9%. Situated in a popular student location, this substantial terraced property combines generous accommodation with character features, making it an appealing choice for both tenants and investors alike.

The property is arranged to maximise rental potential, with five well proportioned bedrooms spread throughout the house. Each room benefits from excellent natural light, period features, and ample space for study, storage and relaxation, creating comfortable and practical accommodation for student occupiers. Neutral décor throughout ensures broad appeal and ease of maintenance between tenancies.

The communal living space provides a welcoming environment for tenants to socialise and unwind, while the modern fitted kitchen offers ample storage, generous worktop space and appliances including a dishwasher and washing machine. Bright and functional, the kitchen is well suited to the demands of a busy shared household.

Two contemporary bathrooms serve the property, reducing pressure during peak times and helping to support smooth day-to-day living for multiple occupants. Both are finished to a good standard.

Further enhancing the property's appeal is a dedicated study or home office space, ideal for coursework, remote learning or flexible use by tenants. Built-in storage solutions throughout the property add further practicality and help maximise usable living space.

Externally, the property continues to impress. The attractive frontage retains its period charm with a traditional bay window and entrance porch, while the rear offers a low-maintenance private courtyard garden.

With its established HMO layout, strong rental performance, attractive character features and approximately 9% gross yield, this property represents an excellent turnkey investment opportunity.

Early viewing is highly recommended to fully appreciate the size, condition and investment potential of this impressive student HMO.

Key details

1346ft2 plot size

Freehold

Council tax band C

Additional information

Near the property

Rooms and dimensions

Kitchen

9' 3" x 9' 0" (2.81m x 2.75m)

Bathroom

6' 0" x 5' 9" (1.83m x 1.75m)

Bedroom 3

11' 6" x 9' 7" (3.50m x 2.92m)

Bedroom 2

12' 4" x 11' 1" (3.77m x 3.38m)

Shower room

6' 4" x 5' 10" (1.93m x 1.79m)

Bedroom 5

10' 1" x 9' 0" (3.08m x 2.75m)

Lounge

12' 5" x 8' 8" (3.79m x 2.64m)

Bedroom 1

15' 0" x 12' 9" (4.57m x 3.88m)

Storage room

4' 0" x 3' 0" (1.22m x 0.91m)

Bedroom 6

8' 11" x 5' 10" (2.72m x 1.79m)

Bedroom 4

12' 2" x 10' 1" (3.71m x 3.07m)

View dimensions

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