5-bedroom house · TR11 4BS
Listing removedReduced £35k (−8%) on 7 SepListed 185 days
Opportunity summary
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About
A substantial end of terrace period house, located within Marine Crescent, opposite Falmouth Marina and Events Square.
The property was formerly part commercial, and still boasts a gallery window to the north west elevation, perfect if you are looking to run a business from home.
Currently a 5 bedroom student let until summer 2025, and therefore ideal for those looking for investment; the versatile layout would, without doubt, provide a fantastic family home, offering over 1300 sq ft of accommodation with up to 4 reception rooms on the ground floor, a fitted kitchen and cloakroom/WC.
On the first floor are 3 bedrooms and a family bathroom. To the rear of property is an enclosed courtyard garden with a utility outbuilding.
The main town is just a short stroll away, whilst the nearby Falmouth Town train station provides a convenient link to the mainline at Truro, for Exeter and London Paddington.
Falmouth's seafront and southern side is half a mile away, with beautiful sandy beaches and access onto the South West Coast Path.
The Accommodation Comprises (All dimensions being approximate) Obscure double glazed front door to:- Entrance Porch Cupboard housing consumer units and electricity meter.
Tiled flooring, obscure multi pane glazed door to:- Entrance Hallway Staircase rising to the first floor, doors to ground floor bedrooms and sitting room.
Under-stair storage cupboard, ceiling light, telephone/broadband point, radiator. Bedroom One (4.38m x 3.87m (14'4" x 12'8")) Maximum measurements including shelved recess.
Hardwood double glazed windows to front aspect, two radiators, two ceiling lights. Cupboard housing further consumer units and electricity meter.
Bedroom Two (3.98m x 3.82m (13'0" x 12'6")) Maximum measurements into bay, including door recess.
A light, bright room with uPVC double glazed bay window to the front aspect with an outlook towards Events Square and Maritime Museum. Ceiling light, picture rail, radiator.
Sitting Room (3.46m x 3.45m (11'4" x 11'3")) Open to the kitchen, with door to inner hallway. Ceiling light, radiator, TV aerial point.
Kitchen (4.06m x 2.00m (13'3" x 6'6")) Fitted kitchen with a range of eye and waist level units, roll-top worksurface with stainless steel sink/drainer unit and mixer tap.
Space for cooker with electric cooker point, extractor fan over. Space for fridge and freezer, part-tiled walls, radiator. UPVC double glazed window overlooking the rear courtyard.
Large Velux window providing additional natural light. UPVC double glazed rear door. Inner Hallway Tiled flooring, Velux window, high level internal glazed window through to stairway.
Doors to bedroom three and ground floor cloakroom/WC. Bedroom Three (4.48m x 3.65m (14'8" x 11'11")) Six hardwood double glazed windows to front and side aspects. Wall-mounted lighting, radiator.
Cloakroom/Wc Dual flush WC, wash hand basin with tiled splashback. Obscure hardwood glazed window to side aspect, tiled flooring, radiator, ceiling light.
First Floor Landing Doors to bedrooms and shower room. Loft hatch.
Bedroom Four (3.22m x 2.92m (10'6" x 9'6")) Double glazed sash-style window to front aspect with an outlook towards Events Square and Maritime Museum. Radiator, ceiling light.
Bedroom Five (3.20m max x 2.46m (10'5" max x 8'0")) First measurement narrows to 6'5" (1.97m), second measurement narrows to 4'6" (1.38m).
An L-shaped room with timber 'Oriel' window to front aspect with an outlook towards Events Square and Maritime Museum. Radiator, ceiling light.
Bedroom Six/Study (3.42m x 1.83m (11'2" x 6'0")) Double glazed window to rear aspect, radiator, ceiling light. Built-in wardrobe and shelving.
Shower Room (1.50m x 1.47m (4'11" x 4'9")) Second measurement plus door recess. Corner shower cubicle with electric shower and glass sliding shower doors, dual flush WC, pedestal wash hand basin.
Radiator, extractor fan, obscure glazed window to side aspect. The Exterior Front Small token garden with two granite steps leading up to the front door.
Rear Courtyard Walled and enclosed, with pedestrian gate providing access to the street behind. Outside water tap.
Door to:- Utility Outbuilding Space and plumbing for washing machine, Vaillant gas combination boiler providing domestic hot water and central heating.
Further utility cupboard with power, space for tumble dryer. General Information Services Mains water, electricity, gas and drainage are connected to the property.
Telephone and broadband points (subject to supplier's regulations). Gas fired central heating. Council Tax Band C - Cornwall Council. Tenure Freehold.
Viewing By telephone appointment with the vendors' Sole Agent - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone:
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 1, Marine Crescent, Falmouth
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