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See how verdicts work3-bedroom terraced house · TR11 5UA
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A harbour facing period house set directly on the Quay in one of the most sought-after positions in Flushing, being sold for the first time in 27 years.
The house enjoys unobstructed views across the harbour to Falmouth and its constant boating activity, and lies just yards from the passenger ferry.
Well maintained by our clients, it offers approximately 1,310 sq ft of character accommodation over three floors, with two reception rooms, three double bedrooms, parking to the front and a low-maintenance courtyard garden to the rear.
Offered with no onward chain.
The property The front door opens into a hallway leading to the sitting room, which looks directly over the water through a double glazed timber sash window fitted with shutter blinds, and has a woodburning stove set within the fireplace.
Behind it, the dining room has a second fireplace flanked by arched alcoves, original timber floorboards and room for a family dining table.
A ground floor WC sits off the hallway, which continues through to the kitchen, fitted with a range of units, a double oven and hob, and windows on two sides.
From here, a door leads out to the courtyard garden, paved for easy upkeep with a raised bed and a stone boundary wall.
On the first floor, the principal bedroom faces the harbour through another double glazed timber sash window and retains its cast iron fireplace.
The second double bedroom, also with a period fireplace, is at the rear, and the family bathroom with separate shower completes this floor.
The staircase continues to the second floor, where a generous double bedroom of over 19 ft in length has its own en-suite shower room and access to eaves storage on both sides.
This floor was converted with full building regulation approval.
Throughout the house, timber sash windows to the front, four fireplaces and many other period features give the accommodation its character, and the house has clearly been cared for by our clients over their long ownership with a recent redecoration throughout.
Perfect for marine enthusiasts, small boat owners or future boat owners, there is a harbour mooring ring a few steps away from the front door, ideal for attaching an outhaul mooring The location Flushing is a waterside village on the eastern bank of the Penryn River, facing Falmouth across the inner harbour.
The village has a shop, pubs, a sailing club and a small beach, with coastal walks out towards Trefusis Point and on to Mylor.
The passenger ferry, just yards from the house, crosses to Falmouth's Prince of Wales Pier in a matter of minutes, putting the town's shops, restaurants, galleries and branch line railway station within easy reach without the need for a car.
Truro, the county's cathedral city, is within comfortable driving distance. Additional information Tenure - Freehold. Services - Mains electricity, water and drainage are connected to the property.
Electric heating. Council Tax - Band D. Possession - Vacant possession upon completion. EPC Rating 33 (F). Viewing arrangements - by appointment with Tom Wills property agents.
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.
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FAQ
About 3, Pitick Terrace, Falmouth
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