New Street, Falmouth, TR11
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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Key features
- Gross yield: approximately 9.96%.
- Prime central Falmouth location.
- Within walking distance of Falmouth University Woodlane Campus.
- Close to town centre amenities, waterfront and transport links.
- Tenants in situ for the academic period.
Description
Generating an annual rental income of £23,400 and delivering a gross yield of approximately 9.96% at the asking price, this established three bedroom student investment presents an outstanding opportunity to acquire a ready made income producing property in the heart of Falmouth.
Currently let at £1,950 per calendar month, the property is positioned within one of the town's most sought after student locations, offering immediate access to both Falmouth University's Woodlane Campus and the wide range of amenities available within the town centre.
The accommodation comprises three bedrooms, a communal kitchen/dining room and a bathroom, providing a practical and proven layout ideally suited to the student rental market. The property's central setting continues to make it an attractive choice for student tenants seeking convenience, accessibility and the lifestyle afforded by this vibrant coastal town.
Located on New Street, the property is within easy walking distance of Falmouth's shops, cafés, restaurants, pubs and waterfront, further enhancing its appeal as a well-positioned and established student investment.
Combining strong rental income, an attractive gross yield and a prime central location, this is a compelling opportunity for investors seeking a high-yielding addition to their portfolio.
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: B
- 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.
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- 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
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About Lang Llewellyn & Co, Falmouth
1st Floor, Pendennis Court Falmouth Business Park Bickland Water Road Falmouth TR11 4SZ
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 7de75ad7-80f0-4350-8060-1bce95ec49eb. 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.
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