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Residential

Commercial

Guide Price

For Sale

£440,000

Terraced
  • 5
  • 1
  • 2

Forty One, Dracaena Avenue

TR11 2EG

5 Bed Terraced For Sale

Forty One, Dracaena Avenue

TR11 2EG
For Sale Terraced
  • 5
  • 1
  • 2

Guide Price

£440,000

Property Features

  • 9.2% Gross yield & tenants in situ
  • Furnished Student House
  • 5 Double Bedrooms
  • Communal Living Room
  • Two Bathrooms
  • EPC Rating: D
  • Freehold
  • Council Tax: C

About this property

A fantastic opportunity to acquire a fully configured five-bedroom student HMO offering strong rental demand and an attractive gross yield of approximately 9%. Situated in a popular student location, this substantial terraced property combines generous accommodation with character features, making it an appealing choice for both tenants and investors alike.

The property is arranged to maximise rental potential, with five well proportioned bedrooms spread throughout the house. Each room benefits from excellent natural light, period features, and ample space for study, storage and relaxation, creating comfortable and practical accommodation for student occupiers. Neutral décor throughout ensures broad appeal and ease of maintenance between tenancies.

The communal living space provides a welcoming environment for tenants to socialise and unwind, while the modern fitted kitchen offers ample storage, generous worktop space and appliances including a dishwasher and washing machine. Bright and functional, the kitchen is well suited to the demands of a busy shared household.

Two contemporary bathrooms serve the property, reducing pressure during peak times and helping to support smooth day-to-day living for multiple occupants. Both are finished to a good standard.

Further enhancing the property's appeal is a dedicated study or home office space, ideal for coursework, remote learning or flexible use by tenants. Built-in storage solutions throughout the property add further practicality and help maximise usable living space.

Externally, the property continues to impress. The attractive frontage retains its period charm with a traditional bay window and entrance porch, while the rear offers a low-maintenance private courtyard garden.

With its established HMO layout, strong rental performance, attractive character features and approximately 9.2% gross yield, this property represents an excellent turnkey investment opportunity.

Early viewing is highly recommended to fully appreciate the size, condition and investment potential of this impressive student HMO.

Kitchen 9' 3" x 9' 0" (2.81m x 2.75m)

Lounge 12' 5" x 8' 8" (3.79m x 2.64m)

Bedroom 1 15' 0" x 12' 9" (4.57m x 3.88m)

Bedroom 3 11' 6" x 9' 7" (3.50m x 2.92m)

Bedroom 2 12' 4" x 11' 1" (3.77m x 3.38m)

Bedroom 4 12' 2" x 10' 1" (3.71m x 3.07m)

Bedroom 5 10' 1" x 9' 0" (3.08m x 2.75m)

Bedroom 6 8' 11" x 5' 10" (2.72m x 1.79m)

Bathroom 6' 0" x 5' 9" (1.83m x 1.75m)

Shower room 6' 4" x 5' 10" (1.93m x 1.79m)

Storage room 4' 0" x 3' 0" (1.22m x 0.91m)

Disclaimer
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £80 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.

Additional Information

Council Tax Band
C
Tenure
Freehold
Property type
Terraced

Energy Performance Certificate

EPC rating
Array
(
    [electricity] => 
    [water] => 
    [heating] => gas central
    [broadband] => 
    [sewerage] => 
)

Utilities, Rights & Restrictions

Utility supply

Heating
gas central

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Contact Details

  • Head Office
    • Head Office
      Pendennis Court, Falmouth Business Park
      Bickland Water Rd
      Falmouth, TR11 4SZ
    • 01326 331812

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Edwina Cooper
Jo Proud can,indeed, be proud of himself! The move from private landlords to agency representation is complicated, but he gently took us through the process and inspired confidence. Thank you, Jo!
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Liz & Joe were always so professional, helpful, accommodating & friendly. Our purchase was unavoidably protracted and their continued support throughout the process was hugely reassuring. They are a credit to Llang Llewellyn . Thankyou
Enemies to Gamers
Live laugh love Lynn 🗣️ She was an absolute godsend and saved my student househunting after so many heartbreaks. Thank you so much Lynn.
Danielle Pearn
Trelawny Letting Agency have been professional, supportive and reactive during the last 4 years of our tenancy with them. Nothing was ever too much trouble and any issues were always sorted in a timely and professional manner. We would highly recommended being a tenant under this agency. They are re...
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We have been doing business with Trelawny Property Management for nearly 20 years. We have found them to be courteous, efficient and friendly. They have been looking after several properties for us and we are very happy with their service.
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