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See how verdicts work1-bedroom house · TR11 3BD
Listing removedListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property 16a is a little period home with neighbouring number 16 one side and a single storey studio the other.
The property has been in the same family ownership for many years, most recently having been successfully let on an Assured Shorthold Tenancy (AST).
The accommodation is light and bright with an open plan downstairs ‘living’ room incorporating kitchen, dining and sitting space.
Upstairs are two bedrooms; one good double and a small single, together with a shower room/WC. Windows are UPVC double glazed and independent heaters provide hot water up and downstairs.
To the rear is an enclosed courtyard providing excellent sunshine during the summer, and with a couple of outhouses.
All is perfectly comfortable ‘as is’ but would benefit from a little love and uplifting here and there.
Being sold with no onward chain, this is a great chance to provide a competitively priced and appealing little home with scope, in this wonderfully engaging position.
The location Fish Strand Hill is an historic walkway tucked off Falmouth’s main shopping Street and leading up into the town’s Victorian residential terraces, to Smithwick Hill, Vernon Place and Clare Terrace.
It is an incredibly involving and convenient place to live where the main street, shops and harbour is a few paces away.
Falmouth is a thriving and vibrant town with an eclectic mixture of independent and national shops, many galleries showcasing local art and crafts, and an excellent and varied selection of places to eat and drink.
Events Square and the National Maritime Museum regularly host activities and events throughout the year including Falmouth Classics, Falmouth Week and the Sea Shanty festival, ensuring an all-year round community.
Nearby on Falmouth’s Southern side, are the sandy beaches of Castle and Tunnel, or a short walk away is the ever-popular Gyllyngvase, complete with its bustling café and safe swimming waters.
Along the seafront is an array of architecture and building, all added to over the years with careful consideration of the desirability of the area and now providing various places for dining and leisure activities.
No wonder then, that Falmouth is consistently voted in the top ten favourite places to live in the UK. EPC Rating: E
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.
Area
Agent & docs
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FAQ
About 16a Fish Strand Hill, Falmouth
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