Budock Terrace, Falmouth, TR11
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
2
- SIZE
1,513 sq ft
141 sq m
- TENUREDescribes 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
- Six Bedroom HMO In The Heart Of Falmouth
- Located In The Heart Of Falmouth
- Proven 11.8% Gross Yield Returning £49,985
- Tenants In Situ for 2026/2027 Academic Year
- Garage and Parking On Separate Tenancy
- Modern Kitchen/Diner With Separate Living Room
- Enclosed Rear Courtyard
- Well Presented And Sold Fully Furnished
- Sold As An Ongoing Concern
- No Onward Chain
Description
THE PROPERTY
Number 19, located in the heart of Falmouth, represents an excellent investment opportunity and has been a popular and successful HMO student let.
The property offers six rentable bedrooms, comprising four doubles and two singles, with further income generated from the separate single garage and parking space, which are currently held on a separate tenancy.
Upon entering, you are greeted by an exceptionally well-presented home that has been carefully maintained throughout the current ownership. The property features a modern kitchen with dedicated dining space, a separate living room and a private courtyard, providing an attractive communal and outdoor space for tenants. Upstairs, there are six well-maintained bedrooms, offering 4 doubles and 2 singles. The property has been consistently looked after by a local letting agent, ensuring it is well maintained and ready for the next investor to continue its established rental success.
With its central Falmouth location, strong student appeal, additional garage and parking income, and no onward chain, Number 19 offers a genuine ready-to-go investment opportunity for those looking to acquire an established income-producing property.
THE LOCATION
Budock Terrace enjoys a highly desirable location in close proximity to the town centre, allowing residents to easily access all amenities. Falmouth boasts a vibrant and thriving atmosphere, with a blend of both independent and national retail outlets, numerous art galleries exhibiting local creations, and a diverse range of dining establishments. Additionally, Events Square and the National Maritime Museum host a multitude of engaging activities throughout the year, such as Falmouth Classics, Falmouth Week, and the Oyster and Sea Shanty festivals. With its south-facing position, Falmouth's scenic seafront offers sandy beaches and direct access to the Southwest coastal path. It comes as no surprise then that Falmouth consistently ranks amongst the top five favoured places to live in the UK.
EPC Rating: D
AGENTS NOTE
Returning a gross yield of £49,985 per annum including a bill contribution of £490 per month which covers gas, electric, water, internet and window cleaning. The House is rented at £3,700 per month with the garage and parking space rented at £150 per month. The property is managed by smart lettings in Penryn and there are students in situ for the 2026/2027 academic year on an 11.5 month contract as an ongoing concern.
Brochures
Property Brochure- 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.
- 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
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Visit our security centre to find out moreDisclaimer - Property reference 552155b5-809b-401d-b42a-801fe200f707. 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 Heather & Lay, 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.
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