2-bedroom house · TR11 5NB
Sold STCListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property This joyous little cottage is tucked away yet set moments from the heart of Mylor Bridge, our favourite creekside village.
On arrival, you are greeted by a chocolate box cottage with stable door inviting you into a tastefully finished kitchen/diner with newly tiled flooring.
A step down into the living room providing a cosy getaway with characterful stone fire place ready to be made live again.
Up the wooden staircase to two double bedrooms, one currently used as an office with original features such as the wooden floor boards.
Both bedrooms are serviced by a well presented interconnecting shower room effectively acting as an en suite to both bedrooms.
There are uPVC double glazed windows throughout and heating is provided by electric heaters.
Across the lane and you will find parking for two with an iron gate through to the loveliest of established gardens, measuring a healthy 65' (19.81m) deep x 30' (9.14m) wide.
On a sunny Spring day this area was full of birdsong and with one especially tame robin.
Level, mostly lawned and richly stocked with mature shrub borders, the garden contains two wooden sheds and an octagonal summerhouse.
The location New Row is a much sought after part of Mylor Bridge, tucked off Passage Hill, where Farthings, Number 3 is just a few paces away from the village centre, pub and shops.
Mylor Bridge is a thriving and highly regarded Creekside village.
It has an active, friendly community and excellent facilities that include the Lemon Arms Pub, a well stocked village store, new deli, a primary school, pre-school, playgroups, Doctor's surgery, a Post Office and Newsagent, Hairdressers, award winning Butcher's shop plus a Fishmonger.
The Village Hall has an extensive program that includes exhibitions, a history group, keep-fit classes and cinema showings.
There are also several local clubs, tennis courts, a bowling green, playing fields plus regular bus services running to Falmouth and Truro.
The Village is located approximately 5 miles from the harbour town of Falmouth and 9 miles from the Cathedral City of Truro - both of which have good schools, excellent shops, business and recreational facilities.
Mylor Creek is a tributary of the River Fal, leading into the Carrick Roads with access to some of the best day sailing waters in the county. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 3 New Row, Falmouth
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