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Dracaena Avenue, Falmouth, TR11

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

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

  • Furnished Student House
  • 5 Double Bedrooms
  • Communal Living Room
  • Two Bathrooms
  • 9% Gross yield & tenants in situ
  • EPC Rating: D

Description

A fantastic opportunity to acquire a fully configured five-bedroom student HMO offering strong rental demand and an attractive gross yield of approximately 9%. Situated in a popular student location, this substantial terraced property combines generous accommodation with character features, making it an appealing choice for both tenants and investors alike.

The property is arranged to maximise rental potential, with five well proportioned bedrooms spread throughout the house. Each room benefits from excellent natural light, period features, and ample space for study, storage and relaxation, creating comfortable and practical accommodation for student occupiers. Neutral décor throughout ensures broad appeal and ease of maintenance between tenancies.

The communal living space provides a welcoming environment for tenants to socialise and unwind, while the modern fitted kitchen offers ample storage, generous worktop space and appliances including a dishwasher and washing machine. Bright and functional, the kitchen is well suited to the demands of a busy shared household.

Two contemporary bathrooms serve the property, reducing pressure during peak times and helping to support smooth day-to-day living for multiple occupants. Both are finished to a good standard.

Further enhancing the property's appeal is a dedicated study or home office space, ideal for coursework, remote learning or flexible use by tenants. Built-in storage solutions throughout the property add further practicality and help maximise usable living space.

Externally, the property continues to impress. The attractive frontage retains its period charm with a traditional bay window and entrance porch, while the rear offers a low-maintenance private courtyard garden.

With its established HMO layout, strong rental performance, attractive character features and approximately 9% gross yield, this property represents an excellent turnkey investment opportunity.

Early viewing is highly recommended to fully appreciate the size, condition and investment potential of this impressive student HMO.

Kitchen

2.81m x 2.75m

Lounge

3.79m x 2.64m

Bedroom 1

4.57m x 3.88m

Bedroom 3

3.5m x 2.92m

Bedroom 2

3.77m x 3.38m

Bedroom 4

3.71m x 3.07m

Bedroom 5

3.08m x 2.75m

Bedroom 6

2.72m x 1.79m

Bathroom

1.83m x 1.75m

Shower room

1.93m x 1.79m

Storage room

1.22m x 0.91m

Disclaimer

We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £80 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.

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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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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Energy performance certificate - ask agent

Dracaena Avenue, Falmouth, TR11

Approximate location

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Affordability

Monthly repayments£2,257
Property: £ 450,000
Deposit: £ 45,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Lang Llewellyn & Co, Falmouth

1st Floor, Pendennis Court Falmouth Business Park Bickland Water Road Falmouth TR11 4SZ

Lang Llewellyn & Co are an award-winning, Propertymark-regulated agency providing trusted property services across Cornwall. As a family-run and community-focused business, we combine local knowledge with professional expertise to deliver a personal service you can rely on.

Whether you’re:

A self-managed landlord looking for hassle-free support,

Considering selling a tenanted property,

Struggling with a difficult tenancy, or

Wanting clear guidance on the upcoming Renters Reform changes –

our experienced team are here to help you protect your investment and maximise returns.

We also help home movers and investors, offering full sales and lettings coverage throughout Cornwall, supported by our Local Property Experts and national Relocation Agent Network.

Based in Falmouth, we pride ourselves on being approachable, proactive, and results-driven – giving you confidence that your property is in safe hands.

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Disclaimer - Property reference b70a0acf-c0ea-4e7b-a7a0-45423c71631a. 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 Lang Llewellyn & Co, Falmouth. 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.

*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.