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See how verdicts work3-bedroom semi-detached house · TR11 2HR
Sold STCListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom, semi-detached house, located very conveniently close to the center of Falmouth, with a large back garden as well as a front garden and river views from the first floor.
A pedestrian gate to the side of the property leads down a pathway to the front door and beyond to a spacious out-house and the back garden.
When you enter the property on the ground floor there is a bathroom with a sink and a bath with electric shower over, an eat-in kitchen which has built-in cupboards as well as fitted units and a lounge with a gas fire and a large picture window to the front of the property.
On the first floor there is a separate WC, two good sized double bedrooms and a small single bedroom. From the front bedroom there are lovely views across the Penryn River.
There are large picture windows in all the main rooms providing plenty of natural light.
To the rear there is a good-sized out-house, ideal for storage, and steps lead up to a large, elevated, south-facing back garden which is laid to lawn.
The property would now benefit from some refurbishment having been let out for a number of years. The property can be sold with vacant possession.
EPC - C Council Tax band A Gas central heating and hot water Mains services connected uPVC windows Oakfield Road is situated in a convenient location close to Dracaena Avenue providing easy access into Falmouth town, Penryn and the A39.
Falmouth Marina is a short walk away as well as Sainsbury's and Lidl supermarkets. Falmouth town centre is within a mile and there are regular bus services found nearby.
There is unrestricted on-road parking on Oakfield Road.
Please note, this property is of pre-cast reinforced concrete construction (PRC Cornish Unit) and as such is classified as a non-traditional build and so generally considered not mortgageable.
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

FAQ
About Oakfield Road
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