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Hulls Lane, Falmouth TR11 8 bed apartment for sale
Hulls Lane, Falmouth TR11
£800,000
Hulls Lane, Falmouth TR11
£800,000
Our Summary
- Fantastic Investment Opportunity
Description
This fantastic opportunity to acquire a block of 4 individual student apartments is located in the heart of Falmouth, a bustling university town with a vibrant mix of eateries, galleries, and festivals. The apartments, which include 1 one-bedroom, 2 two-bedroom, and 1 three-bedroom units, are currently generating an annual rental income of £63,840, with a projected increase to £73,440 in 2024/2025, including a £60-£90pcm utilities contribution from each flat. The block is monitored by CCTV and has parking for 1-2 cars, making it an attractive option for both students and residential lettings. With current tenancies in place until 2024, this is a great chance to increase rental income and benefit from the growing demand for student and residential accommodation in Falmouth.