2-bedroom flat · TR11 4FR
For saleListed 11 days
Opportunity summary
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About
Tenure: Leasehold The property Built by the renowned developers Pegasus approximately five years ago, The Fitzroy offers a lifestyle more akin to a luxury hotel than a traditional apartment development.
From the moment you enter the building, the exceptional design and quality are evident.
A spacious and welcoming lobby features a reception area, access to the residents' lounge, and lift service to the apartments above.
Located on the third floor , Apartment 15 enjoys a prime central position within the building.
As soon as you step inside and close the front door, you are immediately greeted by stunning views across the bay.
The apartment benefits from a generous balcony, perfect for al fresco dining while taking in the coastal scenery.
The open-plan living space is bright, warm, and inviting, with floor-to-ceiling windows providing panoramic views of the bay.
Its southerly aspect allows natural light to flood the room while creating a comfortable living environment throughout the year.
To the rear of the apartment are two well-proportioned double bedrooms, including a principal bedroom with the added benefit of an en-suite shower room.
A further bathroom is conveniently located off the hallway, along with two useful storage cupboards.
The Fitzroy operates an over-55s policy , ensuring a peaceful, tranquil, and high-quality living environment.
Residents enjoy not only the superb facilities but also the warm and welcoming community that has developed within the building.
Among the many additional features on offer, residents can take advantage of a dedicated guest suite , which can be booked in advance for visiting friends and family.
There is also an on-site House Manager , Jules, who provides concierge-style support and assistance with a wide range of day-to-day needs, adding further convenience and peace of mind.
A rare opportunity to acquire a beautifully presented apartment in one of the area's most sought-after retirement developments, enjoying luxury accommodation, exceptional facilities, and breathtaking bay views.
The location The Fitzroy occupies an enviable position along Falmouth's seafront with the most breath-taking, unobstructed south- and east-facing views to bay and coast.
The bay boasts a number of beaches, from the more secluded 'Castle' beach, to 'Tunnel' and Gyllyngavse - Falmouth's most popular beach and home to the perennially popular Gylly Beach Café.
The seafront is part of the Southwest coastal path, accessing wonderful seaside walks to Swanpool and Maenporth beaches and the Helford River and beyond in one direction, and in the other, around Pendennis Headland, passing Henry viii's castle, built to protect us from the territorial aspirations of the French and Spanish.
Situated on Falmouth's southern side, Seascapes is half a mile from the town and harbour, where there is an excellent and diverse selection of restaurants and an eclectic mixture of individual shops as well as national chains together with quality galleries showcasing local talent.
Nearby train station at Falmouth Town provide a convenient link to the mainline at Truro for Exeter and London, Paddington.
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.
Falmouth is consistently ranked as one of the top five places to live in the UK.
EPC Rating: B Tenure Leasehold: 992 years remaining 999 years from the 1st January 2018 Current Service Charge: 01/07/2026 - 30/06/2027 £7,225.79 per annum (reviewed annually)
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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FAQ
About Apt 15, The Fitzroy Cliff Road, Falmouth
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