23, Falmouth, TR11 4PD

3-bedroom flat · TR11 4PD

1,432 sq ftEPC C2 baths

Asking

£895,000

For saleReduced £80k (−8.2%) on 14 OctListed 202 days

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

A truly rare opportunity to acquire one of the very finest duplex penthouse apartments in an iconic building in Falmouth with uninterrupted frontline sea views across the whole of the bay and along the coast.

A superb 3 bedroomed, 2 bathroomed coastal residence that has been meticulously updated to create a stylish and contemporary main or second home.

Key information

Price per Square Foot

£625/sq ft

Based on 1,431.6 sq ft (133 sq m)

Floor Area

1,431.6 sq ft (133 sq m)

Council Tax Band

Band G

Estimated ~£3000/year

EPC Rating

current

Tenure

Leasehold (960 years)

Property Age

England and Wales: 1991-1995

Local Authority

Cornwall

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

Model

Run the numbers.

BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market202 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market202

Price reduction-8.2%

STC fall-through—

Back to market—

Agency change—

EPC ratingC

Listing timeline

First listedListed at £975,00001-04-2026

Price reduced£975,000 → £895,000 (-8.2%)14-10-2026

Still activeDay 202 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.