Pengarth Road, Falmouth, TR11

An exceptional opportunity to acquire a well-presented, fully licensed 5-bedroom HMO currently let to students and generating a strong 10% gross yield. This modern semi-detached property is being sold as a going concern, offering immediate rental income from day one.

Managed by Lang Llewellyn & Co, this property is a standout within our larger portfolio of student lets and is ideally located for access to the town centre, train station, Woodlane Campus, and local beaches — making it highly attractive to student tenants.

Key Features:

• Five Double Bedrooms (one with en-suite)

• Modern Kitchen/Dining Area with integrated appliances

• Utility Room

• Spacious Lounge and bright interiors throughout

• Two Ground Floor Bedrooms (originally one large lounge – easily reconfigurable)

• Driveway Parking for two vehicles

• Gas Central Heating & Double Glazing

• Enclosed Rear Garden with patio and lawn

• EPC Rating: C

Accommodation Overview:

• Ground Floor: Entrance hallway, spacious lounge, modern kitchen/diner with garden access, two double bedrooms (one with garden access). Utility room.

• First Floor: Three further bedrooms (including one en-suite), family bathroom, and a sixth room currently used as a study/store.

Investment Highlights:

• Fully Let Until 30th June 2026

• Managed Tenancy – seamless handover with professional management in place

• Instant Income – no void period

• Flexible Layout – potential to revert to a 3/4 bed family home if desired

Utilities & Compliance:

• Mains gas, water, and electricity

• Gas central heating

• HMO license in place

• Fully compliant with current safety regulations

This is a rare opportunity to secure a high-performing investment property in a sought-after student location. Early viewing is highly recommended.

Agents Notes:

• This property is currently let to a group of 5 students who are in residence until at least 30th June 2026.

• The student Tenancy is managed by the selling agent (Lang Llewellyn & Co).

• The purchaser can benefit from instant income upon completion of the purchase.

• EPC Rating: C.

• Utilities: Mains water, electric and gas.

• Heating: Gas Central Heating.

• The two ground floor bedrooms were originally used as one large lounge area. There is currently a portion wall between these room which could be removed to allow the property to be returned to a 3/4 bedroom house with a large lounge. The current lounge area could then be used as a dining room.