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£725,000
8 Bed House - End Terrace - Bank Place, Falmouth

KEY FEATURES

  • Investment opportunity
  • Freehold building
  • 6 1-bedroomed apartments
  • 2 studio apartments
  • Falmouth town centre
  • Grade II Listed
  • No onward chain
  • Part of Falmouth's historic maritime past

DESCRIPTION

AN IDEAL INVESTMENT OPPORTUNITY A rare opportunity to acquire this Grade II Listed building, forming part of the old Admiralty on Bank Place, positioned within Falmouth's town centre and a stone's throw from the harbourside, currently providing 6 1-bedroomed flats and 2 studio apartments, generating an income of circa £40,000 per annum.

THE PROPERTY

Located within the heart of Falmouth's town centre and within a stone's throw of the harbourside, 3 Bank Place provides a superb investment opportunity, currently providing six one-bedroomed and two studio apartments, generating a monthly income of £3,320, £39,840 per annum gross.

THE ACCOMMODATION COMPRISES

(All dimensions being approximate)

Timber panelled entrance door with arch and obscure glazed fan light over, to:-

ENTRANCE HALLWAY

Tiled flooring. Doorbells to Flats A - H.

INNER HALLWAY

Staircase rising to the first and second floors. Door to extensive cellarage with limited head height. Small pane glazed door to the rear courtyard, Flats G and H. Doors to Apartments E and F.

FLAT E - 37m

LIVING ROOM

4.86 x 4.35m (15'11 x 14'3 )

Open-plan. Two sash windows to the front elevation. Night storage heater.

KITCHEN AREA

3.48m x 2.07m (11'5 x 6'9 )

Roll-top worksurfaces with cupboards and drawers under. Two wall mounted units. Inset stainless steel sink. Electric hot water. Space and plumbing for washing machine. Space for electric cooker. Under-counter space for fridge. Door to:-

BEDROOM

3.43m x 2.85m (11'3 x 9'4 )

Part obscure glazed door with narrow side panel to rear courtyard and providing natural light. Night storage heater. Corner tiled shower cubicle with electric shower and fan over. Panelled door to:-

CLOAKROOM/WC

Obscure glazed window to the side elevation. Low flush WC. Pedestal wash hand basin with electric Triton hot water heater.

APARTMENT F - 20m

STUDIO

3.53 x 4.49 (11'6 x 14'8 )

Two sash windows to the front elevation. Kitchen area comprising worksurfaces with cupboards and drawers under, inset stainless steel sink with electric Triton water heater. Under-counter space for fridge. Door to built-in wardrobe providing hanging space with shelf over. Night storage heater. Door to:-

EN-SUITE SHOWER ROOM

Low flush WC. Pedestal wash hand basin with electric water heater. Tiled shower cubicle with electric shower over.

Staircase rising to:-

HALF LANDING

Fire door. WC and store room for Flat D.

FIRST FLOOR

LANDING

Doors to Flat D and C. Stairs rising to the second floor.

FLAT D - 40m

LIVING ROOM

4.87m x 4.44m (15'11 x 14'6 )

Two sash windows to the front elevation. Kitchen area comprising roll-top worksurfaces with cupboards and drawers under. Space for free-standing cooker and under-counter space for fridge. Inset stainless steel sink with drainer. Night storage heater. Panelled door to:-

BEDROOM

3.50m x 3.49m (11'5 x 11'5 )

Sash window to the rear elevation. Night storage heater.

From the living room, panelled door to:-

SHOWER ROOM

2.01m x 1.90m (6'7 x 6'2 )

Wall mounted wash hand basin. Tiled shower cubicle with electric shower. Space and plumbing for washing machine. Obscure glazed sash window to the front elevation.

STORE ROOM AND WC

2.12m x 2.30m (6'11 x 7'6 )

Two small rooms, one WC and one store room with corridor area with windows to the side elevation and obscure windows from both the store area and WC.

FLAT C - 34m

LIVING ROOM

4.15m x 4.44m (13'7 x 14'6 )

Two sash windows to the front elevation. Kitchen area comprising roll-top worksurfaces with cupboards and drawers under. Inset stainless steel sink with drainer and electric Triton water heater. Under-counter space for fridge and space for electric cooker. Night storage heater.

BEDROOM

3.28m x 3.54m (10'9 x 11'7 )

Sash window to the rear elevation. Night storage heater. Door to:-

EN-SUJITE SHOWER ROOM

Low flush WC. Small wall mounted wash hand basin with electric water heater over. Shower cubicle with electric shower over.

STORE ROOM

2.05m x 1.16m (6'8 x 3'9 )

Part shelved. Light connected.

SECOND FLOOR

LANDING

Fire escape. Door to Flat A WC and store room. Doors to Flat A and B.

HALF LANDING

WC and store room for Flat A.

FLAT B - 35m

LIVING ROOM

3.74m x 4.42m (12'3 x 14'6 )

Two casement windows to the front elevation enjoying views over Falmouth Water Sports Centre and inner harbour beyond. Kitchen area comprising roll-top worksurfaces with cupboards and drawers under. Inset stainless steel sink with electric water heater. Space for electric cooker. Under-counter space for fridge. Night storage heater. Door to:-

BEDROOM

3.28m x 3.61m (10'9 x 11'10 )

Casement window to the rear elevation. Night storage heater. Door to:-

EN-SUITE SHOWER ROOM

Low flush WC. Pedestal wash hand basin with electric water heater over. Tiled shower cubicle with electric shower.

STORAGE

2.47m x 1.40m (8'1 x 4'7 )

FLAT A - 40m

BEDROOM

3.53m x 3.56m (11'6 x 11'8 )

Casement window to the rear elevation. Night storage heater. Panelled door to:-

LIVING ROOM

4.34m x 4.43m (14'2 x 14'6 )

Two casement windows to the front elevation. Enjoying partial views over the Falmouth Water Sports Club to inner harbour. Kitchen area comprising roll-top worksurfaces with cupboards and drawers under. Inset stsainless steel sink with electric water heater over. Space for electric cooker. Night storage heater. Door to:-

SHOWER ROOM

2.45m x 1.82m (8'0 x 5'11 )

Wall mounted wash hand basin. Shower cubicle with electric shower. Space and plumbing for washing machine. Obscure casement window to the front elevation.

STORE ROOM AND WC

2.21m (7'3 )

Comprising WC with mid flush WC and obscure window to the side elevation. Store room and connecting corridor with obscure glazed windows to the side elevation.

From the rear courtyard, access to Flats H and G.

FLAT H - 47m

Part panelled and obscure glazed door with window leading from the courtyard to:-

KITCHEN

4.11m x 2.15m (13'5 x 7'0 )

Roll-top worksurfaces with cupboards and drawers under. Inset stainless steel sink with drainer. Space for electric cooker. Under-counter space for washing machine and fridge. Open doorway and broad window to:-

LIVING ROOM

3.79m x 3.31m (12'5 x 10'10 )

Two windows to the side courtyard. Night storage heater. Panelled door to:-

BEDROOM

4.12m x 3.40m (13'6 x 11'1 )

Night storage heater. Sash window to the rear courtyard.

From the kitchen, large pane glazed door leads to a corridor with door to:-

BATHROOM

3.09m x 2.30m (10'1 x 7'6 )

Obscure window to the side elevation. Three-piece suite comprising wall mounted wash hand basin, panelled bath with electric shower over with glazed screen, mid flush WC. Door to airing cupboard housing the hot water cylinder.

FLAT G - 17m

Unable to inspect at the time of inspection.

THE EXTERIOR

FRONT

Brick wall to the front boundary, with path leading to the entrance, with the front gravelled for ease of maintenance.

GENERAL INFORMATION

SERVICES

Mains water, electricity and drainage are connected to the property. Telephone points (subject to supplier's regulations).

COUNCIL TAX

All flats are Band A - Cornwall Council.

TENURE

Freehold.

AGENT'S NOTE

The property is being sold with the existing professional tenants in situ. Each tenant is responsible to pay their own council tax and water rates. Full details available from the offices of Laskowski & Company.

VIEWING

By telephone appointment with the vendors' Sole Agents - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone: 01326 318813.

For identification purposes only - not to scale.

Floor plan

There is no EPC available for this property.