HMO

£495,000
Branksome Akexandra Place, Penzance, TR18 4NE
Chain Free

Property Features

  • Well present HMO
  • Attached 2 bed cottage with garage
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About this Property

A well presented and lucrative HMO in a highly regarded part of town just a short level walk of the seafront and promenade.  The current owners have maintained it well, carrying out repairs as necessary, including the replacement of the four central heating boilers in recent years in addition to some kitchens.  The property currently produces an income of £40,800 per annum, fully let.

 

The entrance hall with terrazzo tiled floor provides floor provides access to two studio apartments on the ground floor and upstairs to one more studio and two self-contained one bedroomed apartments.  In addition, there is an attached but separate two bedroomed cottage with garage.  The accommodation is particularly spacious and light with many of the rooms retaining their original features including cornicing and ceiling roses.

LOCATION:

Penzance is a thriving coastal town on the edge of Mounts Bay, home of the iconic St Michaels Mount and close to some of the county’s loveliest beaches, coves and the Cornish coastal path.  Well served by a good selection of shops, schools and leisure facilities as well as having excellent transport links via the A30 and mainline rail link to London Paddington.

 

 

 

T H E   A C C O M M O D A T I O N, with approximate dimensions is as follows:

 

G R O U N D   F L O O R:

 

PORCH:

Front door to:

 

LOBBY: 

Inner door to:

 

COMMUNAL RECEPTION HALL:

Original stained glass panels.  Access to Units 1 – 5 as follows:

 

UNIT 1:  15’5” x 19’8” overall

An open-plan bedsit with living area and kitchenette off with two aspects and a large bay window.  Condensing boiler in kitchen area.

 

 

UNIT 2:  12’7” x 16’7” overall into window recess

Open plan bedsit with living area and kitchenette.

 

 

From the Reception Hall stairs rise to the:

 

 

FIRST FLOOR: 

 

LANDING:

The original staircase has a carved newel post.

 

 

COMMUNAL SHOWER ROOM:

With shower, WC and washbasin.

 

 

UNIT 3: 12’1” x 16’11”

Open-plan bedsit with living area and kitchenette off measuring 6’ x 5’.  Original glass window.

 

UNIT 4:

Self-contained flat with door to private entrance hall (10’3” x 7’), giving access to:

 

Bedroom: 11’ x 15’11”

Recessed shelving.

 

Sitting Room: 19’4 (max) x 15’5”

          Open-plan living area incorporating kitchenette.  Dual aspect with large bay window.  Condensing

boiler.

 

Shower Room: 

With shower, WC and wash basin.

 

 

Stairs to:

 

 

SECOND FLOOR:

 

UNIT 5:

A self-contained flat with door to hall leading to:

 

Sitting Room: 14’7” x 14’6”

 

Kitchen: 7’10” x 7’9”

 

Bedroom: 14’5” x 13’8

 

Bathroom:

With bath, wash basin and WC.  Condensing boiler.

 

 

 

 

 

 

ATTACHED COTTAGE:

 

ENTRANCE:

Through private courtyard to front door.

 

 

ENTRANCE VESTIBULE:

Accessing:

 

 

SHOWER ROOM:

Shower, wash basin, WC and boiler.

 

 

 

KITCHEN: 10’11” x 8’11”

 

 

 

SITTING ROOM: 17’ x 11’4”

Understairs storage.  Stairs to:

 

 

BEDROOM 1: 15’11” x 12’

 

 

 

 

 

FIRST FLOOR:

 

BEDROOM 2: 12’6” x 11’3”

Vaulted beamed ceiling.  Two velux windows.  Access to:

 

ENSUITE SHOWER ROOM:

 

 

 

OUTSIDE:

To the front and side of the property are small communal gardens.

 

Garage: 18’ x 9’

Up and over door.

 

GENERAL INFORMATION:                                                                   

 

SERVICES:

All mains services connected

 

LOCAL AUTHORITY:   Cornwall Council Tel: 0300 1234 100

 

OUTGOINGS:

Council Tax:  All flats ‘A’ rated separately

 

TENURE:       FREEHOLD.

 

VIEWING:  Strictly by prior appointment with Whitlocks on 01736 369296

 

DIRECTIONS (SEE ATTACHED MAP):

From Penzance railway station, continue along the Promenade towards Newlyn and on reaching the roundabout by the Beachfield Hotel and tennis courts, turn right into Alexandra Road and right again after 100 yards into Mennaye Road,  Branksome will be found at the end of the road on the left hand side.