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See how verdicts work2-bedroom terraced house · TR11 3BY
Listing removedListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property A granite step and UPVC double glazed door into an entrance vestibule with modern electrical tripping switches and meter, through a glazed door to the hallway with turning stairs to the first floor.
Original painted panelled doors to separate sitting and dining rooms and beyond to the kitchen.
The dining room with original glazed and base cupboards either side of a blocked fireplace and surround, the sitting room with picture rail and an open fireplace with tile and timber surround.
Steps lead down from the hallway to a white fitted kitchen overlooking and accessing the enclosed rear courtyard garden.
The turning staircase, where a half landing window floods light up and downstairs, leading up to a landing, has original built-in cupboards, one housing the electric immersion and original white painted panel doors to the two double bedrooms, the front bedroom with a built-in wardrobe and the rear facing with pleasing elevated and far reaching open views.
The bathroom is wall tiled and with a modern white suite where there’s a shower over the bath and a window. Picture rails are retained and there are independent electric storage heaters throughout.
The location Merrill place is a popular terrace of Victorian houses, tucked off Albany Road and with relatively fewer cars passing by.
It’s a convenient spot where the local Spar shop is just 100 yards away and the town and harbourside about 5 minutes on foot.
Parking outside is unrestricted and lovely that a leisurely ten minute stroll takes you to Falmouth’s seafront and beaches.
Garden The enclosed rear courtyard is an appealing and relatively private space with orientation to enjoy afternoon and evening summer sunshine.
Here, there are two useful little outbuildings (one about 6' x 4' 6" with power, light and a window), a raised 'Astroturf' little terrace and two raised beds, one with shrubs. Gate onto the rear lane.
Outside tap and retractable clothes line.
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
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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 8 Merrill Place, Falmouth
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