We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · TR11 2NB
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional Sea Views & Private Outdoor Spaces on Frobisher Terrace, Falmouth. Cornwall Properties is delighted to introduce this gorgeous, two-bedroom ground-floor garden apartment to the market.
Positioned on the highly regarded Frobisher Terrace, this coastal home is completely defined by its panoramic position.
From the moment you step through the front door, your eyes are immediately drawn to the spectacular marine backdrop that takes centre stage.
Unrivalled Sea Views & Interior Layout The heart of the property is a beautifully presented, light-filled open-plan kitchen and sitting room.
The contemporary kitchen is sleek, modern, and fully equipped with all essential white goods.
Seamlessly transitioning into the main living room, the entire living space has been meticulously designed around the view, maximising the layout to frame the mesmerising waters outside.
It provides a striking blank canvas to create your dream coastal layout, offering a front-row seat to the ever-changing scenery.
Gardens & Outdoor Living Uniquely for a waterfront property, this apartment offers exceptional private outdoor spaces.
To the front is a very cool sun deck set within a beautifully presented, well-stocked garden-the absolute perfect spot to soak up the coastal atmosphere and take in the panoramic sea views.
To the rear, the property benefits from a private, low-maintenance gravel courtyard area.
The Bedrooms, En-Suite & Parking Principal Bedroom: A peaceful retreat complete with the luxury of its own stylish, modern en-suite shower room.
Bedroom Two: Featuring ample built-in wardrobes, this highly versatile space would make a perfect guest room, home office, or nursery.
Parking: The apartment benefits from highly desirable private off-road parking for one vehicle, with further convenient on-road parking available.
This adaptable property represents an exceptional opportunity, making it the perfect match for a couple, a single professional, a premium coastal holiday home, or a lucrative long-term rental investment.
An Unbeatable Lifestyle Location It is no surprise that Falmouth is regularly voted one of the best places to live in the UK by The Sunday Times.
Blending the energy of a prestigious university hub with a historic maritime culture, the property is just a short stroll from the bustling town centre's independent boutiques, artisan cafes, and local art galleries.
For outdoor enthusiasts, the iconic Blue Flag beaches of Gyllyngvase and Swanpool are within easy walking distance, offering direct access to the spectacular South West Coast Path.
With two local train stations alongside excellent road and bus links, commuting across Cornwall is effortless.
Early viewing is essential to truly appreciate these unparalleled views and outdoor spaces.
Council Tax Band: Band B £2015.16 (Cornwall Council ) Tenure: Share of Freehold (972 years) Service Charge: £30 per month Remainder of 999 year lease which started 27th January 1999 ( The owners all own part of the freehold.
They pay £30 per month and that is for the building insurance which currently works out at £360 per year. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Agent Notes Tenure: Freehold Chain: No onward chain Viewings: Strictly by appointment through Cornwall Properties. Location Status: Situated within a protected Conservation Area
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Frobisher Terrace, Falmouth
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