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See how verdicts work1-bedroom house · TR11 4NZ
Listing removedListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold The property Manor cottages was originally part of the Victorian Falmouth Hotel and in fact about 150 years ago this was where the stables were.
Just over 30 years ago the properties were renovated and converted to what we see today.
Accommodation comprises an open plan living/dining room and kitchen downstairs and one bedroom and bathroom upstairs. The property has off-road parking and offered with no onward chain.
(Number 4 is currently let).
The location Set in a prime location about 100 yards from Falmouth’s seafront Manor Cottages are set within a delightful cobbled courtyard in the grounds of the Falmouth Hotel which was built along the seafront between 1863 and 1865 to accommodate tourists, transported by the new railway station and link with Paddington, London.
The hotel is the oldest and most distinctive in Falmouth and is set in about 5 acres of landscaped gardens overlooking bay and coast.
The town and harbourside are a relatively level third of a mile walk away and have an excellent and diverse selection of restaurants and an eclectic mixture of individual shops as well as national chains, together with quality galleries showcasing local talent.
Nearby train station (Falmouth Town) provide a convenient link to the mainline at Truro for Exeter and London, Paddington.
EPC Rating: D Accommodation In Detail (all measurements are approximate) Through the front door into.....
Sitting/Dining Room & Kitchen (5.28m x 4.04m) An open plan living and dining space that incorporates the kitchen. Sash windows to front and rear and door to the rear.
Open tread stairs to first floor. Kitchen Range of white fronted base and eye level units with work surface and inset stainless steel sink and drainer with mixer tap.
Built-in appliances include fridge, oven and hob with extractor over. Space for white goods. First Floor Stairs from the open plan living area to... Landing Doors to bathroom and ...
Bedroom (3.38m x 3.05m) Sash window to the front. Cupboard housing the hot water tank. Built-in double wardrobe. Radiator.
Bathroom White suite comprising low level WC, pedestal hand wash basin and bath with shower over. Extractor fan. Heated towel rail. Agents Note Lease details: 999 year lease from 1992.
Ground rent: Approx. £50 p.a. Service charge: Approx. £1000 p.a. Management company: Falmouth Hotel - Realword Property Management Ltd.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 4 Manor Cottages Cliff Road, Falmouth
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