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See how verdicts work8-bedroom terraced house · TR11 4AZ
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property The setting and good proportions of these elegant homes make them valuable and sought after for families as well as discerning students.
Our clients have owned Lynford for many years; as a family home and guest house, and in recent years as a successful licensed HMO ( House of Multiple Occupation) student let.
They love it and take great pride and care in looking after the property as if they lived there.
It's a very fine, early 1900s house, set end terrace of three, with elegant proportions, bay windows and high ceilings.
It is an excellent, fit-for-purpose investment that consistently lets like a ‘hot cake’, providing a healthy income.
Accommodation is over three floors with six double letting rooms, five of which have comfortable en suite shower rooms.
There are two further double rooms that are not let, perhaps giving further scope for income if desired. In addition, there is a ‘family’ or main bath/shower room/WC and a further cloakroom/WC.
Living accommodation is comfortable too, with separate sitting & dining rooms and a separate fitted kitchen. Beneath the home is a useful cellar/boiler room.
The attention to care, practicality and presentation continues outside with an enclosed and sociable garden to the rear where everything is quality landscaped and with the benefit of a generous carport.
The special position and features here make this an outstanding property for those seeking an up-and-running investment, or a fine family home from Summer 2027, once the current academic year and tenancies have concluded.
The location Pretty much perfect for leaving the car at home and accessing Falmouth’s delights on foot, making it the perfect spot as a select and not surprisingly very popular student house.
Lynford, 20 Avenue Road lies between the seafront and harbourside, where town and beaches are a few minutes away.
It would be hard to find or imagine a more convenient and central residential position for a home, with Events Square, shops and The Dell railway station, linking to mainline Truro, all on ones’ doorstep.
What a treat to walk to Gyllyngvase beach and cafe, with the excellent early ‘til late Co-op beside, or to our favourite and quieter Castle beach and its cafe.
All in all, it’s a joyful and engaging situation.
EPC Rating: D Agents Note The property is currently a six-bedroom HMO student let with licence expiring 25th January 2027 managed by Lang Llewellyn (tel no.
It provides an income of £4,150 pcm (£49,800 per annum) being sold as a going concern, let until Summer 2027.
Prospective buyers looking to use the property as a family home will be able to do so at the end of the 2027 academic year.
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 20 Avenue Road, Falmouth
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