4-bedroom flat · TR11 3XA
For saleReduced £45k (−6.5%) on 20 JunListed 237 days
Opportunity summary
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About
An exceptional penthouse apartment in the heart of Falmouth with harbour views.
Description Maritime House is a striking contemporary building with a Penthouse Apartment in the centre of the development with accommodation spread over three floors.
Access to the apartment is from a communal entrance that services three apartments.
The apartment is an exceptional and spacious home with approximately 2150sq ft of accommodation spread over three levels with two sun terraces on two levels and a central oak staircase leading to all levels.
On the first floor is the spacious entrance hall, with oak flooring, staircase leading to the first floor and access to two bedrooms overlooking the front, family bathroom, linen/storage cupboards and a further two double bedrooms one with en suite shower room and both with access out onto the lovely sun terrace with views of the harbour.
On the second floor is the very impressive, light and spacious open plan reception/dining/kitchen room with double height vaulted ceiling, oak flooring and doors out to the second sun terrace with harbour views.
The kitchen has a good range of kitchen units with integrated dishwasher, fridge/freezer, washer/drye, double oven and microwave oven, a five-burner gas hob and central island all with granite work tops.
On this floor there is also a guest wc and stair case up to the third/mezzanine level. This is a lovely second reception area with a glass balustrade overlooking the reception room below.
Location Maritime House is in the centre of this vibrant seaside town with fantastic views of the busy harbour, home to vessels of all sorts including fishing boats, classic boats and naval ships.
Maritime House is a development with Events Square at its heart, with its numerous restaurants, shops and the National Maritime Museum of Cornwall.
Events Square hosts a range of artistic and cultural events including the world-famous Falmouth Oyster Festival.
This is the perfect location to enjoy all that Falmouth and this part of Cornwall has on offer with sandy beaches a short walk away, two marinas within easy walking distance and the Falmouth Watersports Centre on your doorstep that offers a range of waterborne activities including gig racing, sailing, kayaking etc.
Falmouth lies at the entrance to the Carrick Roads, a beautiful estuary bordered by countryside and small waterside villages and home to sheltered anchorages and yacht marinas.
Falmouth also has wonderful sandy beaches and is consistently voted one of the best places to live in the South West (The Sunday Times).
Falmouth harbour itself provides an ever-changing outlook and has hosted transatlantic races in addition to many other sailing and water sport championships.
For the keen day sailor or dedicated yachtsman, the South Cornish coast offers some of the finest sailing waters in the UK.
A short car, boat or ferry ride away are beautiful creeks and wonderful waterside pubs and restaurants.
Falmouth itself is a colourful and historic port with an eclectic mix of galleries, coffee shops, artisan bakeries, bars and restaurants, and home to Exeter University’s Cornwall Campus and Falmouth University itself.
Falmouth golf club sits on the headland above Falmouth Bay while much of the surrounding coastline is protected by the National Trust.
There is a huge amount of water sport on offer in Falmouth from weekly yacht and dinghy racing, gig rowing, paddle-boarding, diving, fishing and swimming.
Gyllyngvase and Castle beaches are less than half a mile away from Maritime House. A branch line rail service runs from Falmouth to Truro where there is a mainline rail link to London Paddington.
Cornwall Airport has daily return flights to London as well as other domestic and international destinations. Square Footage: 2,150 sq ft Leasehold with approximately 975 years remaining.
Directions The Water Sports Centre – 450ft Falmouth Train Station – 0.3 Castle Beach - 0.6 Gyllingvase Beach – 0.7 Swanpool Beach – 1.3 Truro city centre - 11.4 Cornwall Airport (Newquay)- 27 St Ives- 27.9 Padstow- 36.6 (All distances are approximate and in miles) Additional Info The apartment has allocated parking for one car The current vendor has been successfully letting the property as a holiday let.
Further details available on application. Agent's Note: The photos were taken more than six months ago. Services Mains water, drainage, gas and electricity.
Gas central heating providing underfloor heating throughout Fibre optic broadband Tenure Leasehold (999 years from 2002) Viewings - Strictly by prior appointment with Savills.
Fixtures and fittings - Only those mentioned in these sales particulars are included in the sale. All others such as curtains, light fittings, garden ornaments, etc.
Are specifically excluded but may be available by separate negotiation. Important notice - Savills, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, images and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
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.
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