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Clifton Crescent, Falmouth

Available

£389,000

5
2
2
Gallery (14)

Summary

Set on a popular residential crescent just a short stroll from the town centre, harbourside and seafront, this traditional terraced home offers excellent versatility for both investors and owner-occupiers. Arranged over two floors and extending to approximately 1,184 sq ft (110 sq m), the accommodation is currently configured to provide up to five letting rooms with a communal lounge/diner, yet it could be easily adapted to suit more conventional family living.

Full Description

THE ACCOMMODATION
From the entrance hallway, the ground floor provides four principal rooms plus a convenient cloakroom/WC. There is a generous lounge/diner (ideal as a shared social space), a well-proportioned kitchen, and two ground-floor double bedroom, a particularly appealing feature for letting or those wanting a home office/guest room at this level. On the first floor, a central landing leads to three further bedrooms along with a standout multi-shower room, an excellent asset for shared occupancy or a busy household.

THE EXTERIOR
To the rear, the outside space is notably level and currently arranged as off-road parking for two large vehicles. If preferred, this area could be returned to its original use as a secure rear garden, offering a private, low-maintenance outdoor space, or possibly a combination of both.

IF BUYING AS A MULTI-ROOM LET (HMO)
The property has been successfully operated as a licensed HMO each year since our clients purchased in 2014. The current gross income is £34,132 per annum, with the owners covering utilities including gas, water, electricity and broadband, at approximately £4,500 per year. However, the predicted income for the next academic year will be £38,724

IF BUYING AS A PERMANENT HOME
Thanks to the adaptable layout, the house can be reconfigured to suit a variety of lifestyles. Options could include:
•Four bedrooms, retaining a ground-floor bedroom and still enjoying a separate living room, dining room and kitchen; or
•A more traditional arrangement with three reception rooms and three bedrooms, making full use of the excellent first-floor shower room provision.

KEY UPGRADES
Shortly after acquisition (2014), the property benefited from a programme of improvements including a new kitchen, replacement internal doors, redecoration, electrical upgrades, and installation of a PIV ventilation system to help alleviate condensation. The home also offers double glazing and gas central heating.

LOCATION
Clifton Crescent enjoys an elevated position within around five minutes’ walk of the town centre, harbourside and the greenery of Kimberley Park, with the seafront and Gyllyngvase Beach also reachable on foot (approximately 15 minutes). Excellent local amenities are close at hand, and Penmere Railway Station provides a convenient link for commuters and travellers.

ADDITIONAL INFORMATION
Tenure - Freehold. Possession - Vacant possession upon completion (current tenants vacate July 2026) with the benefit of no onward chain. Services - Mains gas, electricity, water and drainage. Council Tax - Band C. Gas fired central heating. EPC rating 58(D).

Viewing & Disclaimer

Viewing
Please contact us on 01326 352302 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.

Disclaimer
Tom Wills - PC1 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

Key Features
  • 5 Letting rooms
  • Up to 4 bedrooms as a family home
  • 2 off-road parking spaces
  • 8.7% gross return!
  • Vastly improved during our client's ownership
  • 1184 sqft of accommodation
  • Clever muti-shower room
  • 2 separate WCs
  • Walking distance of the town centre and beach/seafront
  • Edwardian end terraced house
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