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Berkeley Vale, Falmouth

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

1,324 sq ft

123 sq m

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

  • TWO SELF-CONTAINED APARTMENTS
  • EXPECTED RENTAL INCOME OF 800/850PCM
  • RENTAL YIELD OF 7.4%
  • OFF ROAD PARKING FOR EACH PROPERTY
  • WITHIN WALKING DISTANCE TO LOCAL AMENITIES
  • NO ONWARD CHAIN
  • CERTIFICATE OF LAWFULNESS AVAILABLE
  • CONNECTED TO ALL MAINS SERVICES
  • COUNCIL TAX BAND A
  • PLEASE SCAN THE QR CODE FOR MATERIAL INFORMATION

Description

Smart Millerson Estate Agents are thrilled to present to the market an exceptional investment opportunity, comprising two beautifully arranged one-bedroom apartments. Perfectly positioned just a short stroll from the ever-popular Falmouth harbour, this property offers not only a highly desirable coastal setting but also a ready-made income stream that investors will not want to miss. The location itself is a major draw, with easy access to local amenities, waterfront attractions, and the vibrant lifestyle that Falmouth is renowned for, ensuring consistent tenant demand year-round.

Property Description - Smart Millerson Estate Agents are thrilled to present to the market an exceptional investment opportunity, comprising two beautifully arranged one-bedroom apartments. Perfectly positioned just a short stroll from the ever-popular Falmouth harbour, this property offers not only a highly desirable coastal setting but also a ready-made income stream that investors will not want to miss. The location itself is a major draw, with easy access to local amenities, waterfront attractions, and the vibrant lifestyle that Falmouth is renowned for, ensuring consistent tenant demand year-round.

Having been thoughtfully separated into two individual apartments, the property provides immediate dual-income potential. Each apartment is expected to achieve a rental figure in the region of £800–£850 per calendar month, resulting in a strong and attractive rental yield of approximately 7.4%. This makes the property an appealing proposition for both seasoned investors and those looking to expand their portfolio with a well-located, high-performing asset.

In brief, both apartments benefit from their own private entrances, offering a sense of independence and privacy for occupants. Upon entering, you are welcomed into well-equipped kitchens that boast an abundance of worktop space alongside integrated appliances, ideal for modern living. The accommodation continues with expansive lounge areas that provide ample space for relaxation and entertaining, as well as generously sized double bedrooms. The first-floor apartment further enhances its offering with the addition of a separate office or walk-in wardrobe space, perfectly suited for today’s flexible lifestyle needs, whether working from home or requiring additional storage.

Externally, each apartment enjoys the convenience of its own allocated parking space, a particularly valuable feature in such a central and sought-after location. An additional and significant benefit is that the property is offered as a freehold, with no ground rent or service charges payable, ensuring lower ongoing costs for the owner. Furthermore, a certificate of lawfulness is in place, which we are happy to provide to solicitors upon acceptance of an offer, offering reassurance and clarity regarding the conversion.

Each apartment is connected to mains water, electricity, gas, and drainage, running off the same boiler and water billing, as they are not individually metered at present. Both properties fall under Council Tax Band A.

Location - Falmouth is a vibrant coastal town on Cornwall’s south coast, renowned for its stunning harbour, beautiful beaches, and scenic coastal walks. The town offers an excellent range of amenities, including high street and independent shops, cafés, restaurants, pubs, schools, and healthcare facilities, making it ideal for families and professionals alike. Culture and leisure are at the heart of Falmouth, with attractions such as the National Maritime Museum Cornwall, Falmouth Art Gallery, and year-round festivals and events. For outdoor enthusiasts, the town provides numerous watersports opportunities, parks, and green spaces, while transport links via rail, road, and ferry make it well connected both locally and further afield, creating the perfect balance of coastal charm, convenience, and lifestyle.

The Accommodation Comprises - (all measurements are approximate)



Ground Floor Flat -

Entrance Porchway - Skimmed ceiling. Consumer unit. Skirting. Coir flooring.

Hallway - Skimmed ceiling. Smoke alarm. Built-in storage cupboard. Thermostat. Radiator. Skirting. Carpeted flooring. Doors leading into:

Lounge - Skimmed ceiling. Double-glazed window to the front aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpeted flooring.

Bedroom - Skimmed ceiling. Dual-aspect double-glazed windows. Radiator. Multiple plug sockets. Skirting. Carpeted flooring.

Dining Room - Skimmed ceiling. Smoke alarm. Radiator. Multiple plug sockets. Skirting. Vinyl flooring. Door leading to side entrance.

Kitchen - Skimmed ceiling. Double-glazed window to the front aspect. A range of wall and base fitted storage cupboards and drawers. Splash-back tiling. Integrated oven with four-ring gas hob and extractor hood over. Integrated fridge and freezer. Stainless steel wash basin with mixer tap and drainage board. Multiple plug sockets. Vinyl flooring.

Shower Room - Skimmed ceiling. Extractor fan. Splash-back tiling. Cubicle housing an electric shower. Wash basin. Heated towel rail. W.C. Skirting. Vinyl flooring.



First Floor Landing -

Entrance Foyer/Utility - Skimmed ceiling. Double-glazed window to the side aspect. Radiator. Multiple plug sockets. Skirting. Vinyl flooring.

Kitchen - Smoke alarm. Double-glazed window to the side aspect. A range of wall and base fitted storage cupboards and drawers. Integrated oven with four-ring hob and extractor hood over. Splash-back tiling. Stainless steel wash basin with mixer tap and drainage board. Space for fridge/freezer and under-counter washing machine. Radiator. Multiple plug sockets. Skirting. Vinyl flooring.

Lounge - Skimmed ceiling. Smoke alarm. Two double-glazed windows to the front aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpeted flooring.

Hallway - Skimmed ceiling. Smoke alarm. Gas boiler. Thermostat. Multiple plug sockets. Skirting. Carpeted flooring. Doors leading into:

Shower Room - Skimmed ceiling. Smoke alarm. Access into the property's loft space. Two double-glazed windows to the side aspect. Splash-back panelling. Cubicle which houses a mains-fed shower. Wash basin. Heated towel rail. W.C. Skirting. Vinyl flooring.

Bedroom One - Dual aspect double glazed windows. Radiator. Multiple plug sockets. Skirting. Carpeted flooring.

Dressing Room - Double glazed window to the side aspect. Radiator. Multiple plug sockets. Skirting. Carpeted flooring.

Externally -

Parking - Externally, each apartment enjoys the convenience of its own allocated parking space, a particularly valuable feature in such a central and sought-after location.

Services - Each apartment is connected to mains water, electricity, gas, and drainage, running off the same boiler and water billing, as they are not individually metered at present. Both properties fall under Council Tax Band A.

Material Information - Verified Material Information
Council Tax band: A
Tenure: Freehold
Property type: Flat
Property construction: Standard construction
Energy Performance rating: C
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Mains gas-powered central heating is installed.
Heating features: Double glazing
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Great, Vodafone - Good, Three - Good, EE - Good
Parking: Driveway, On Street, and Off Street
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Historical flooding: No
Flood defences: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

Brochures

Berkeley Vale, FalmouthMATERIAL INFORMATIONBrochure
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.
Band: A
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.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Berkeley Vale, Falmouth

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About Millerson, Saint Austell

5/6 Market Street, St. Austell, PL25 4BB
Industry affiliations:

Millerson, established in 1991, has become a reliable and trustworthy household name in Cornwall and West Devon. A family property agency with three generations of expertise and knowledge in sales, lettings and auctions, Millerson has twelve networked branches across Cornwall and an office in Mayfair to provide links to London and the Home Counties.

Many things have altered over the years, but our absolute commitment to providing a top quality service has not changed. We firmly believe in the traditional values of client care, professionalism and added-value service which includes accompanied viewings, constant feedback and communication as standard. We are also dedicated to making the experience of selling, buying, letting or renting, as enjoyable and stress free as possible.

In addition, we are committed to embracing and integrating modern technologies and methods into everything we do, marketing extensively and providing ongoing training for all levels of our staff, to ensure we constantly achieve a service that exceeds our clients' expectations.

We believe our standards lead the field and our service is second to none, but don't take our word for it, you can read independent reviews on our website or on We believe our standards lead the field and our service is second to none, but don't take our word for it, you can read independent reviews on our website or on FEEFO.com.

Think Property?.. Think Millerson!! Cornwall's countywide agent with national coverage.

Affordability

Monthly repayments£1,255
Property: £ 275,000
Deposit: £ 27,500
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference 34585071. 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 Millerson, Saint Austell. 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.

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