**Standout Features:**
- Established registered HMO property with five letting bedrooms
- Annual rental income of £38,160 Nett
- Recently refurbished with modern amenities
- Prime elevated location near town and Falmouth University
- Communal lounge, refitted high-gloss kitchen/dining room, two remodeled bathrooms
- Small rear courtyard and one off-street parking space
- Full fire alarm and safety certificates in place
**Summary:**
This recently renovated five-bedroom registered HMO presents an incredible investment opportunity in a sought-after elevated location on Wellington Terrace. With an impressive annual rental income of £38,160, this property is currently let to professional tenants under a full management agreement, offering a seamless transition for the new owner. The property boasts modern features including a refitted kitchen equipped with high-gloss cabinetry, two stylish bathrooms, and a comfortable communal lounge with access to a conservatory.
The generous accommodations are spread over three floors, providing well-lit rooms, including spacious bedrooms with character highlights such as fitted carpets and picture rails. The small rear courtyard adds variety, while the one parking space is a valuable addition in a popular area close to amenities and educational facilities. While the property has above-average crime rates in the area, its prime location and established rental market make it a compelling choice for both seasoned investors and first-time buyers looking to enter the buy-to-let market. Don't miss this turnkey investment ready to capitalize on the thriving local rental demand.
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