2-bedroom terraced house · TR11 4LJ
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Once in a while we receive instructions to sell a house that offers new owners the perfect chance to personalise a property to create their own home and at the same time the chance to enhance the value so here is an opportunity you just can't miss!
The house has been tenanted for over a decade or so and with the tenant recently vacating, allowing a swifter purchase to a motivated buyer who want to roll up their sleeves and refresh this house with imagination and style.
Set on a bus route and within easy walking distance of Falmouth School, a longer stroll takes you into Falmouth's bustling town centre and waterside districts, the beaches and sea front and the branch line station which connects Falmouth Docks to the cathedral city of Truro.
The accommodation includes in sequence, an entrance porch, a broad generous living room overlooking the front garden, a kitchen/dining room overlooking the rear gardens and most of Falmouth Town's Bickland Park pitch (football fans take note!) and on the first floor, three bedrooms and a bathroom/wc combined.
Outside the property, at the front, there are open plan lawned gardens, a single garage alongside (with a pathway in between) and tandem parking for two/three cars depending on size and at the rear, enclosed lawned gardens which enjoy plenty of sunshine from early morning to afternoon.
An early viewing is highly recommended to avoid disappointment. Why not call and book your own personal viewing today?
THE ACCOMMODATION COMPRISES: A pathway along the front garden leads to a stained wood and glazed front door which leads into: ENTRANCE PORCH - 1.65m x 1.22m (5'5" x 4'0") Having a fitted carpet, electric meters and fuses, internal door to: LIVING ROOM - 5.18m x 4.27m (17'0" x 14'0") measured to walls and including stairs.
Having two UPVC double glazed windows both with Venetian blinds overlooking the front garden, TV aerial point, staircase to the first floor, fitted carpet, door to: KITCHEN/DINING ROOM - 5.18m x 2.92m (17'0" x 9'7") A good sized kitchen simply fitted with a range of matching wall and base units with roll top work surfaces and ceramic tiling over, single drainer stainless steel sink unit, electric cooker panel, strip light, vinyl flooring, two UPVC double glazed windows, both with Venetian blinds overlooking the rear garden to Falmouth Town pitch and Tregonniggie Woods, double glazed door to outside.
STAIRCASE FROM HALL TO: FIRST FLOOR LANDING With airing cupboard, original lagged copper cylinder and immersion, access to loft space.
BEDROOM ONE - 3.48m x 2.87m (11'5" x 9'5") With double glazed window overlooking the front aspect, coved cornicing, original fitted wardrobe, deep built-in wardrobe cupboard.
BEDROOM TWO - 3.17m x 2.87m (10'5" x 9'5") Again, with double glazed window enjoying a pleasant outlook over the Falmouth Town football pitch and woods beyond, built-in wardrobe cupboard, coved cornicing, fitted carpet.
BEDROOM THREE - 2.39m x 2.18m (7'10" x 7'2") Having a double glazed window and Venetian blind overlooking the front aspect, coved cornicing.
BATHROOM - 2.39m x 2.16m (7'10" x 7'1") With a coloured suite comprising; panelled bath with thermostatically controlled electric shower and tiled surround, pedestal wash hand basin, low flush wc, double glazed window and Venetian blind, vinyl flooring.
OUTSIDE GARAGE - 4.78m x 2.59m (15'8" x 8'6") The front garden has an open plan lawn and to the rear, there are enclosed gardens with timber fencing, lawn and pathway.
GARDENS The front garden has an open plan lawn and to the rear, there are enclosed gardens with timber fencing, lawn and pathway. SERVICES Mains electricity, water and drainage. COUNCIL TAX Band C.
MONEY LAUNDERING Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Value & comps
No previous sales on record.
Returns
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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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