3-bedroom terraced house · TR11 5DW
Listing removedListed 412 days
Opportunity summary
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About
This end of terrace house is set in a lovely location in a quiet cul-de-sac in the village of Budock Water on the outskirts of Falmouth.
The property offers scope to make improvements and is offered for sale chain free.
The property is reached along a pathway, shared by one other house, and consists of three bedrooms, a dual aspect lounge, a kitchen/diner, bathroom and a separate WC on the first floor.
To the outside there is a generous rear garden and the property has lpg gas central heating. There is a lovely green outlook and on-street parking within the cul-de-sac.
Budock Water is located on the edge of Falmouth and the property is positioned in the heart of this lovely village.
The village has a very popular public house which holds frequent events, a well stocked village shop, restaurant, village hall where many events take place and church.
The village truly has a community feel and there are beautiful surrounding country walks.
Falmouth is approximately two miles distant, there is also a regular bus service which runs to other villages and to and from the town!
Accommodation Comprises Double glazed door leading in to:- Entrance Porch (6' 9'' x 3' 6'' (2.06m x 1.07m)) Glazed to three sides, double glazed doors to:- Hallway Stairs leading off to the first floor and door to:- Lounge (16' 2'' x 8' 11'' (4.92m x 2.72m) maximum measurements) A dual aspect room with two double glazed windows and two radiators.
Fireplace with hearth and mantelpiece over.
Kitchen/Diner (16' 2'' x 12' 10'' (4.92m x 3.91m) maximum measurements) Range of floor and wall mounted cupboards with worktop over incorporating a sink and drainer.
Two double glazed windows overlooking the rear garden. Space for cooker, space for fridge/freezer and space for washing machine. Two pantry cupboards.
The dining area has a double glazed window and radiator, space for dining table. Glazed door to:- Rear Hallway Cupboard housing a 'Worcester boiler'.
Double glazed door leading to side path and garden. First Floor Landing Airing cupboard with radiator. Radiator on landing and double glazed window looking our to rear garden.
Doors off to:- Bedroom One (12' 11'' x 9' 0'' (3.93m x 2.74m) plus door recess) Double glazed window to front, radiator and integrated wardrobe.
Bedroom Two (10' 6'' x 10' 3'' (3.20m x 3.12m)) Double glazed window and radiator. Bedroom Three (9' 8'' x 6' 11'' (2.94m x 2.11m)) Double glazed window and radiator.
Bathroom Bath with electric shower over and vanity wash hand basin. Obscure double glazed window. WC Double glazed obscure window and low level WC.
Outside Front A shared footpath leads to the property (shared with neighbouring property). A pedestrian gate opens to the front garden which is enclosed with lawn and hedging.
A pathway leads to the side of property and on round to the rear with a site for lpg gas bottle storage. Pathway to front door with steps up. Rear Garden A generous garden laid to lawn with a patio.
Services Mains water, mains drainage, mains electric. Lpg gas. Agent's Note The Council tax band for the property is band 'B'.
Directions Proceed down the hill into Budock Water turn right at the bottom of the hill beside the park and on the right is Merry Mit Meadow where there is parking on-street in the cul-de-sac.
The property can be found on the left hand side, the furthest property along the shared footpath with the neighbouring property. If using What3words; ample.jumpy.calms
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
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FAQ
About 11, Merry Mit Meadow, Falmouth
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