1-bedroom flat · TR11 4AU
For saleReduced £10k (−5.4%) on 28 SepListed 137 days
Opportunity summary
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About
Tenure: Leasehold The property Number 8 Grove Place is a beautifully presented top floor apartment set within an elegant Grade II listed double-fronted Regency townhouse, expertly converted into apartments during 2005/2006.
We were delighted to handle the original sales at the time and remember how exceptionally well received the development was, with apartments selling quickly thanks to their character, location and outstanding views.
The current owner has thoroughly enjoyed nearly ten years here, particularly the apartment’s elevated position, ever-changing river views and incredibly convenient setting just moments from Falmouth’s vibrant harbourside and town centre.
Now offered for sale with no onward chain, the apartment has been freshly renovated and redecorated throughout, providing a ready-to-move-into home ideal as a main residence, investment or lock-up-and-leave coastal retreat.
Accessed via the impressive original entrance to Number 6, broad granite steps rise to a striking columned portico and grand communal entrance hall.
A wide, gently winding staircase leads to the top floor, serving just two apartments, creating a peaceful and private atmosphere.
Inside, the apartment feels wonderfully bright and welcoming, with large multi-paned sash windows to both front and rear elevations allowing natural light to flood through the accommodation.
The living room is a particular highlight, enjoying captivating panoramic views across the harbour, slipway and Haven Marina, extending towards Falmouth Docks, the Carrick Roads and the Roseland Peninsula, a constantly changing outlook filled with sailing activity throughout the year.
The recently re-fitted kitchen is finished in a stylish matt white design with space and plumbing for appliances, while the modern shower room features a corner shower cubicle and contemporary fittings.
A quality new floor has also recently been laid throughout the apartment, complementing the fresh decorative improvements.
The accommodation is well balanced, comprising a generous double bedroom to the rear and an open-plan sitting room/kitchen to the front, perfectly positioned to maximise the superb outlook.
Apartment 8 is one of just a handful within the development to enjoy such exceptional harbour and marina views.
It is difficult to imagine a more convenient and engaging location from which to enjoy all that Falmouth has to offer, and we wholeheartedly recommend an early viewing.
The location Quayside, Grove Place enjoys an exceptional position just moments from Falmouth’s vibrant town centre and picturesque harbourside, placing the very best of this thriving coastal town right on the doorstep.
From independent boutiques, galleries and specialist shops to proper pubs, cafés and renowned restaurants, Falmouth offers an outstanding lifestyle with a unique blend of maritime charm and contemporary energy.
Quaint opeways lead down to the water’s edge, while the nearby harbourside provides a constantly changing backdrop of boats, yachts and coastal activity.
Within just a few hundred yards are Port Pendennis Marina, the National Maritime Museum and Events Square, home to a variety of popular restaurants, cafés and amenities including Tesco Express, Harvey’s Wharf and Pizza Express.
Residents also enjoy easy level access across the marina entrance towards Events Square and the town beyond, making this an especially convenient and walkable location.
Falmouth is renowned for its vibrant year-round community and hosts an exciting calendar of events including Falmouth Week, the Oyster Festival, Sea Shanty Festival and Falmouth Classics, many centred around the National Maritime Museum and Events Square.
The town’s rich maritime heritage is perfectly balanced with a lively arts and food scene, creating one of Cornwall’s most desirable places to live.
To the south, Falmouth’s beautiful coastline and beaches are within easy reach, including Castle Beach, Tunnel Beach and the ever-popular Gyllyngvase Beach, renowned for its safe swimming waters and bustling beachfront café.
The surrounding seafront showcases an attractive mix of period and contemporary architecture, alongside a variety of leisure facilities and waterside dining destinations.
For travel connections, nearby Falmouth Docks railway station provides a branch line to Truro, approximately 11 miles away, where there are mainline services to London Paddington, while Newquay Airport, around 25 miles distant, offers regular flights across the UK.
With its combination of coastal beauty, excellent amenities, sailing waters and strong community atmosphere, it is little surprise that Falmouth is consistently recognised as one of the most desirable places to live in the UK.
EPC Rating: D Tenure 999 years from 25th October 2005. The maintenance & service charge is currently £353.39 paid quarterly (£1,413.56 annually).
Management Buildings Insurance for the apartment £1003.51 per annum for the year 2024. Share of Freehold. Management Company: Belmont Property Management.
Agents Note There’s a restriction that the property is not for holiday letting. Assured shorthold tenancies (ASTs) are allowed.
The apartment shares common parts including the front garden, entrance hall, stairway and landings.
There is a restriction regarding pets: Allowed by permission of the landlord, which must not be reasonably withheld.
Services & Glazing Single glazed multipaned wooden sash windows, the rear window in the bedroom requires restoration or replacing. Mains electricity, water, and drainage.
Recently installed and modern electric night storage heaters and a modern electric heat pump for the hot water located under the kitchen sink.
Parking - On Street Residential parking is available on Grove Place or alternatively to the rear at Arwenack Avenue, where a convenient pedestrian right of way provides easy access to the rear of Number 6 Grove Place building.
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.
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FAQ
About 8, Grove Place, Quayside, TR11
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