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See how verdicts work3-bedroom semi-detached house · TR11 2TD
For saleListed 21 days
Opportunity summary
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About
The property Heather & Lay have sold the vast majority of Falmouth’s new developments over the last 30-40 years, and we consider The Slipway to be unique and certainly one of our absolute favourites.
Built in 2014. The Slipway is an unashamed homage to the Art Deco period, yet with all the advantages of 21st-century living.
One of just four outstanding split-level freehold houses, Larboard is tucked at the end without any passing traffic and with greater opportunity and space to park.
This is an uplifting place to be, blending design excellence, quality and practicality, whilst maximising the relationship between the water and the principal rooms.
Accommodation is arranged over four gentle split levels with a ‘wall of glass’ to the waterside from both the reception room and master bedroom suite, which occupies the whole ‘top’ floor and has its own terrace.
The layout is imaginative and appealing with three double bedrooms, the master and guest with en suite, as well as a ‘main’ bathroom.
The fantastic engineered oak underfloor heated reception room has a fireplace and bi-folding doors out onto a generous wrap-around waterside sun deck.
Fixtures and fittings are of high quality with a sleek German kitchen and appliances, tiled bath and shower rooms with ‘Duravit’ and Bette sanitary ware and a separate utility/laundry room.
The availability of Larboard represents a truly exciting chance to own a glorious slice of Falmouth’s waterfront and a home with very few equals.
The location Larboard lies in the most uplifting position, tucked at the end of The Slipway’s four statement waterside houses.
The Slipway occupies an enviable waterfront position along North Parade, Falmouth’s arterial riverside road leading to Falmouth High Street and town.
The development sits beside and overlooks Falmouth’s Premier Marina with its excellent Upper Deck restaurant, and beyond which is Sainsbury’s supermarket.
The delightful waterside walk into Falmouth town is relatively level and takes 10-15 minutes, passing the Greenbank Hotel with Working Boat pub beneath and the Royal Cornwall Yacht Club.
Falmouth is Cornwall's premier south coast location, steeped in maritime history and renowned for its sandy beaches, spectacular coastline and scenery.
The area is an all-year-round resort and boasts some of Europe's most regarded sailing waters.
This historical town presents a fascinating mix of charming individual boutiques, shops and well-known high-street names.
Falmouth has a reputation for its fresh seafood, and an abundance of cafes and restaurants provide a selection of worldwide cuisine and traditional local food.
Falmouth boasts the third largest natural harbour in the world and is renowned for its maritime facilities which offer some of the best boating and sailing opportunities in the country; little wonder the town is consistently ranked as one of the top five places to live in the UK.
EPC Rating: C Service Charge The managing agent is Blue Waters Residential Management Ltd; telephone number . Currently £796.57 bi-annually (£1593.14 per annum).
Covers common parts i.e., garden maintenance, fibre optic feed to satellite tv dish, CCTV, public liability etc.
Being a freehold house, general house maintenance is of course the responsibility of the owner.
Larboard is successfully holiday let producing a lucrative income, please speak to the office for further information.
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
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