3-bedroom house · TR11 3QJ
Listing removedListed 86 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on the ever-popular street of Raleigh Place, is this lovely 3-bedroom family home, available for the first time in many years to residentially let long term.
The property is set a stone’s throw away from Falmouth Town Centre and has beautiful town views from the first-floor rear. Well suited to a residential family or professional couple.
To the ground floor the property has a beautiful living room with feature decorative fireplace and to the rear is a lovely family kitchen with space for dining and patio doors leading out to an enclosed low maintenance lawned rear garden.
To the first floor are two large double bedrooms, a 3rd single bedroom and a modern 3-piece shower room. The property has the added benefit of double glazing and gas central heating.
Please note, this property does not have any allocated parking. Parking can be available on a first come first serve basis on Raleigh Place and the surrounding streets.
Offered on a furnished OR unfurnished basis for a long term let from early-mid September onwards. Council tax band B. EPC band C.
Please note the tenants are responsible to pay the gas, electricity, water, council tax and internet to their chosen supplier direct, separately form the monthly rental amount.
Holding deposit of one weeks rent. Security deposit of five weeks rent. Broadband checker: ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Raleigh Place, Falmouth
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