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5 bedroom detached house for sale
Dracaena Avenue, Falmouth, TR11
£575,000
Dracaena Avenue, Falmouth, TR11
£575,000
Our Summary
- Planning permission for a two-bedroom detached dwelling in the rear garden has also been granted
- The rear garden has planning to build a two-bedroom detached dwelling with separate access via Ashfield Villas which could provide an additional revenue stream or family annexe
- This is an excellent opportunity to purchase a fully licensed HMO with the potential to build a two-bedroomed detached residence in the rear garden and have an additional rental property or to turn this into a beautiful family home with an annexe for family members or rental income
- This property is for sale by Online Auction
- The Online Modern Method of Auction is a flexible buyer friendly method of purchase
Description
This large, double-fronted family home in Falmouth is currently a licensed house of multiple occupancy (HMO) and generates a gross income of £3,500 per month. The property has planning permission to build a two-bedroom detached dwelling in the rear garden, offering the potential for additional income. Alternatively, it could be converted back into a beautiful family home with an annexe. The property features seven bedrooms, a family bathroom, a separate cloakroom, a kitchen with breakfast room, and a laundry/utility room. The exterior boasts ample parking, a sun terrace, and a garden with gated access to the detached new-build. The property is located just a short distance from Falmouth town centre and seafront, with a range of local amenities and attractions nearby.