2-bedroom house · TR11 4FR
For saleListed 344 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Fitzroy, Falmouth welcomes you to a new chapter in your life.
Designed and built for those over 60 looking for an independent lifestyle, encouraging a sense of wellbeing and community through its elegant residents lounge with panoramic sea views across the ocean.
The communal lounge is the focal point of this community, where residents can take advantage of the stunning scenery whilst relaxing or chatting with neighbours and friends over a cup of coffee or a glass of wine.
When the sun's shining, the doors open onto the lovely terrace, which offers uninterrupted views across the ocean.
Our dedicated onsite team helps support this charming community of beautifully appointed apartments.
Apartment 32 is the largest design of home on this beautiful development at approximately 1,095 sq ft.
Situated on the top floor with breathtaking panoramic views of Pendennis Castle across Falmouth Bay to Rosemullion Head and the Helford area.
This wonderful home offers a modern way of living with an open plan kitchen leading to the lounge / dining room which gives access to the large balcony.
The kitchen is fitted with integrated appliances and has a comprehensive range of base units and drawers under a wood effect worktop and has matching wall units and tiled flooring.
High quality engineered oak flooring with underfloor heating is laid throughout the living accommodation and hallway.
The two double bedrooms are of a generous size, with the main bedroom having a luxury ensuite shower room, with walk-in shower, tiled walls and flooring.
The second bedroom is complemented by a beautifully appointed bathroom. Outside a new garden, designed by landscape architects, Mei Loci, will create a beautiful outdoor space for residents to enjoy.
======== Lease term: Leasehold 992 years remaining 999 years from the 1st July 2018 Service charge: £7,761.65 per annum (reviewed annually) Council tax banding: F EPC: B
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Cliff Road, Falmouth, Cornwall, TR11
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