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Afton House, Trevethan Road, Falmouth, Cornwall, TR11

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

10

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 10-Bedroom HMO
  • Freehold
  • A Separate Studio And Flat Above Garage
  • Rental Income: £42,875 Per Annum
  • CASH BUYERS ONLY
  • Close To Town Centre
  • Close To Local Amenities
  • Excellent Investment Opportunity

Description

**CASH BUYERS ONLY** Spacious 10-Bedroom HMO Investment Opportunity in Falmouth - High Yield and Prime Location National Residential are delighted to present this 10-bedroom semi-detached HMO property, located in the heart of Falmouth. This unique freehold investment offers substantial rental income and excellent tenant demand, making it a perfect choice for investors looking to expand their portfolio. Property Highlights * Freehold property with established rental income. * Council Tax Band: F. * Accommodation: Main house with 8 bedrooms plus 2 additional rentable units (studio and flat above the garage). * Rental Income: £42,875 per annum over a 11 month contracted period. * Expenses: £810 per month (utilities and insurance). Property Layout * Ground Floor: Lounge, kitchen, shower room, and 2 bedrooms. * First Floor: Bathroom and 5 bedrooms. * Second Floor: 2 en-suite bedrooms and an additional WC. * External Units: A separate studio and a flat above the garage, providing extra rental income opportunities. Why Falmouth? Falmouth is widely regarded as one of Cornwall's most desirable towns, consistently ranked among the UK's top coastal destinations. Its vibrant atmosphere, stunning scenery, and rich maritime heritage make it a hotspot for residents and tourists alike. * Maritime Appeal: Home to the National Maritime Museum Cornwall, Falmouth celebrates its global seafaring history. * Beaches & Coastal Walks: Enjoy sandy beaches, scenic coastal paths, and breathtaking views. * Vibrant Lifestyle: From the bustling high street to year-round festivals like Falmouth Week and the Oyster Festival, the town offers a perfect mix of culture, adventure, and relaxation. * Tenant Demand: Its proximity to the riverside, town centre, and local universities ensures strong demand from students and professionals. Location Benefits * Trevethan Road: A charming Victorian and Edwardian street, set back with front gardens, just a 10-minute walk to the High Street. * Transport Links: Excellent access to buses and train services. * Amenities: Walking distance to shops, restaurants, and entertainment venues. Why Invest in This Property? This fully licensed HMO is currently tenanted, generating consistent and impressive rental income. With minimal running costs, no additional ground rent or service charges, and a high gross yield, it offers both immediate returns and long-term capital appreciation potential. Don't Miss Out! Located in one of Cornwall's most desirable towns, this property is an outstanding investment opportunity that combines charm, practicality, and profitability. Arrange Your Viewing Today: Contact our dedicated specialist sales advisor for more details and to book your viewing. Opportunities like this don't last long-secure your investment now!

Viewings are highly recommended. Contact our specialist sales team today to secure this exceptional investment opportunity.

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Afton House, Trevethan Road, Falmouth, Cornwall, TR11

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About National Residential, Nationwide

1 Hunters Walk, Canal Street, Chester, CH1 4EB

National Residential - Experts in Fast Property Sales

Established in 2007, with our head office based in Chester, National Residential has successfully sold over 4,000 properties for homeowners, landlords, and investors seeking a fast, hassle-free sale.

We specialise in selling residential, semi-commercial, HMO's/Blocks, and tenanted properties - including entire portfolios - and we're experts at resolving complex issues that can otherwise delay or derail a sale.

Our unique approach combines the best of both worlds:

High exposure through listings on Rightmove and National Residential's modern auction platforms to attract serious buyers and achieve the best price quickly.

Exclusive network of property investors, companies, and funds - who purchase investment properties quickly and discretely, ideal for tenanted or sensitive sales.

Whether you're selling one property or a whole portfolio, we work quickly, professionally, and transparently to get sales over the line.

David Coughlin - CEO and Founder

Your mortgage

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Years
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Monthly repayments
£1,907
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Disclaimer - Property reference 75435. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by National Residential, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call National Residential, Nationwide on 01244 727605.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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