2-bedroom house · TR11 3PJ
Listing removedListed 132 days
Opportunity summary
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About
Dating back to the 1800s, this stone house was built as a residential villa for the higher end gentry, located in Falmouth town.
It is a lovely looking stone semi-detached house benefiting from two parking spaces which is hugely beneficial being right in the centre of town.
Currently being used as two separate one bedroom flats each with a lounge, kitchen and bathroom, they can be made back into one house just by removing a temporary division at the bottom of the internal staircase or to buy as an investment opportunity.
Typically for a building this age, all of the rooms are of a generous size with high ceilings and there is some outside space to the side which the top flat currently utilises.
Berkeley Vale is perfectly located and is close to all the amenities the town has to offer.
On street parking can be found in nearby residential streets and with the town being so close you could become car free, although this apartment does have the benefit of two parking spaces.
Falmouth offers a vast range of individual and high street shops, a multi-screen cinema just yards away and the National Maritime Museum at the far end of the town.
Kimberley Park is also very close by. Within minutes you can be looking out over the busy harbour or for a longer stroll can enjoy one of the four beautiful beaches the town has to offer.
The Moor is the centre for the bus routes to surrounding towns and there are three train stations in Falmouth running to and from the city of Truro.
Accommodation Comprises Glazed door leading into:- Flat One Hallway Coat and shoe storage, radiator and a door which would originally lead to the staircase to the first floor.
Flat One Living Room (11' 6'' x 10' 11'' (3.50m x 3.32m) plus door recess) Double glazed window, radiator, high ceiling.
Flat One Dining Area (11' 2'' x 8' 3'' (3.40m x 2.51m)) Radiator, space for table, double glazed door leading to outside.
Flat One Kitchen/Diner Flat One Kitchen Area (7' 6'' x 7' 0'' (2.28m x 2.13m) maximum measurements) Double glazed window.
Range of wall and floor mounted units with worktop over incorporating a sink and drainer.
Tiled surround, space for washing machine, integrated oven and hob, extractor fan above, integrated fridge/freezer. Flat One Bedroom (10' 3'' x 9' 6'' (3.12m x 2.89m)) Two double glazed windows.
Radiator. High ceilings. Flat One Shower Room Shower cubicle with tiled surround housing an electric shower, low level WC, pedestal wash hand basin with a mirror over, heated towel rail.
Flat Two Double glazed door leading into:- Flat Two Utlity Room/Porch (7' 4'' x 5' 10'' (2.23m x 1.78m)) Perfect for coats and shoes, space for fridge/freezer, radiator, breakfast bar.
Further door into:- Flat Two Kitchen (7' 10'' x 7' 4'' (2.39m x 2.23m) plus step up to porch/utility) Double glazed window.
Range of floor and wall mounted units with worktop over incorporating a sink and drainer. Integrated oven and hob, extractor above. Radiator. Space for fridge/freezer.
Flat Two Hallway Housing wall mounted 'Worcester' boiler, space and plumbing for automatic washing machine. Glazed window.
Flat Two Bathroom Shower cubicle, low level WC, pedestal wash hand basin with mirrored cabinet above, heated towel rail. Double glazed obscure window.
Flat Two Lounge (15' 1'' x 9' 0'' (4.59m x 2.74m) plus recess) Two double glazed windows. Radiator. Flat Two Bedroom (11' 0'' x 9' 6'' (3.35m x 2.89m)) Dual aspect. Radiator.
Flat Two Office Space (8' 3'' x 6' 3'' (2.51m x 1.90m) plus door recess) Double glazed window. Radiator. Outside Front Parking forecourt which has two spaces. Outside Rear Low maintenance patio space.
Services Mains water, mains drainage, mains electric, mains gas. Agent's Note The Council Tax band for this property is band 'A'.
Directions Continue towards the town past Kimberley Park on the right hand side, the property is on right hand side just before junction, next to an opticians. If using What3words; these.hobby.gown
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 Chatley House, 29, Berkeley Vale, Falmouth
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