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See how verdicts work2-bedroom flat · TR11 4LY
For saleReduced £30k (−8.6%) on 25 AugListed 138 days
Opportunity summary
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About
Tenure: Leasehold The property Upon arrival at Southcliff, either by foot from the seafront or by car from Emslie Road, you are greeted by beautifully kept and maintained grounds taking you to the communal entrance.
To the front, there is also visitor parking along with a set of garages; number 15 has a single garage with an electric up-and-over door, power and lighting.
Rising up the stairs, from the communal entrance to the top floor, one arrives at the front door to number 15.
The first stop would be the fantastic 23 foot living room with large double glazed windows offering unrivalled panoramic views of the sea, beach, castle and entrance to the Helford River.
The room offers plenty of space for seating and dining, allowing you to soak in the views.
Alongside the living space is the kitchen, prime for refurbishment and offering plenty of counter space and a window looking to the sitting room and the views beyond.
To the rear of the apartment, we have the two well proportioned double bedrooms, both offering plenty of space for a double bed and storage.
Servicing these, we have a large bathroom, also prime for modernisation with a bath and separate shower.
The location Southcliff is located on the popular and desirable Falmouth seafront, occupying a prominent position, directly fronting Cliff Road, facing south, enjoying magnificent, uninterrupted, 180 degree views along the seafront, from Pendennis Castle and Point, across Falmouth Bay, to the unspoilt shoreline of The Lizard Peninsula, from the mouth of the Helford River to the infamous Manacles reef.
Delightful beaches such as ‘Castle’ and Gyllyngvase are a minute or two walk away, as it he excellent ‘early til late’ Co-op, as one’s ‘corner shop’.
The seafront joins the coastal path leading to the Helford River and beyond, providing spectacular walks through areas of outstanding natural beauty.
A short walk from the apartment will take you along the seafront to Falmouth town and harbourside with its eclectic mixture of national shops and independents, together with galleries showcasing local arts and crafts, as well as great places to eat and drink.
Events Square has created a vibrancy to the harbourside and is a remarkable success with its quality food, fashion and sailing wear shops.
The square hosts events throughout the year, including the celebrations of Falmouth Week and the Sea Shanty Festival, as well as big name attractions.
Tenure 999 year lease from 25th March 1982 share of Freehold. The management Company are Southcliff Management Company Ltd and the managing agent is Smart Property Group (Homequest .
The current maintenance charge attributable to Number 15 is £2,232 per annum (£186 per month) to include buildings insurance, maintenance of gardens and grounds, window cleaning and external lighting.
There are no holiday let restrictions and long term lets are permitted. Small well-behaved pets are permitted by approval of the Management board.
Agents Note: Anti-Money Laundering Regulations We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf credas.
The cost of these checks is £20 (excl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), to Credas, and is non-refundable.
Communal Garden To the front, a lovely south-facing lawned area with varied planted beds and palm trees enjoying sea views and access to Cliff Road.
Parking - Garage Allocated single garage with electric up and over door. Power and light.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
About Flat 15, Southcliff Emslie Road, Falmouth
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