3-bedroom terraced house · TR11 3NY
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented characterful cottage, thoughtfully refurbished and finished to an exceptional standard throughout.
The property is situated in a highly convenient, yet tucked-away location close to Falmouth town centre and is available on a long-term let.
The cottage is offered on an unfurnished basis and comprises of three bedrooms with one en-suite, a main bathroom, together with a spacious, light and airy kitchen/dining room which features a partially glazed pitched roof, and a gorgeous characterful living room with feature fireplace.
Externally, the property benefits from a front garden, an enclosed rear courtyard, and off-road parking for up to two vehicles!
Please note tenants are responsible for the payment of the mains utilities on top of the rent including but not limited to: gas, electric, water, council tax and TV license. EPC band D.
Council tax band B. Available for an August move in. Holding deposit to be a maximum of one week’s rent payable upon acceptance.
Security deposit of five weeks rent payable upon signing of the tenancy agreement. Broadband checker: ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker.
***Inline with Article 4 restrictions, we are unable to rent this property to 3 or more unrelated sharers. ***
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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