Skip to content
1 / 17
Dracaena Avenue, Falmouth, TR11
For saleReduced 12 Oct 2026
£430,000Guide price

Dracaena Avenue, Falmouth, TR11 2EG

5bedrooms
2bathrooms
Terracedtype
Freeholdtenure

Listed 25 Aug 2026 · price reduced 12 Oct 2026 · Falmouth

How the price compares

This home£430,000
Median 5 bed in TR11£650k19 homes listed · £322 per sq ft
Difference-34%below the area median

Key features

  • 9.4% Gross yield & tenants in situ
  • Furnished Student House
  • 5 Double Bedrooms
  • Communal Living Room
  • Two Bathrooms
  • EPC Rating: D

About this home

A fantastic opportunity to acquire a fully configured five-bedroom student HMO offering strong rental demand and an attractive gross yield of approximately 9.4%. 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 9.4% 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.

EPC Rating: D

Kitchen 2.75m x 2.81m

Lounge 2.64m x 3.79m

Bedroom 1 3.88m x 4.57m

Bedroom 3 2.92m x 3.5m

Bedroom 2 3.38m x 3.77m

Bedroom 4 3.07m x 3.71m

Bedroom 5 2.75m x 3.08m

Bedroom 6 1.79m x 2.72m

Bathroom 1.75m x 1.83m

Shower room 1.79m x 1.93m

Storage room 0.91m x 1.22m

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.

Property details

Property type
Terraced
Council tax band
C
Tenure
Freehold
Garden
Private garden
Heating
Gas central

Floorplan

All

Location

Skip map

1 on this map

  • Penmere Station0.2 mi
  • Falmouth Town Station0.8 mi
  • Falmouth Docks Station1.1 mi

What nearby homes sold for

Median sold prices in TR11 over the last 12 months: terraced £313k · detached £515k · semi-detached £342k · flat £238k.

AddressTypeSoldPrice
5a, Dracaena Avenue
Falmouth TR11 2EG
Detached
Freehold
30 Jun 2026£282,000
125 Dracaena Avenue
Falmouth TR11 2ER
Semi-detached
Freehold
23 Feb 2026£355,000
3 Dracaena Avenue
Falmouth TR11 2EG
Detached
Freehold
30 Oct 2025£450,000
48 Dracaena Avenue
Falmouth TR11 2EQ
Semi-detached
Freehold
15 Aug 2025£350,000
Flat 1, 49, Dracaena Avenue
Falmouth TR11 2EG
Flat
Leasehold
3 Jun 2025£225,000
113 Dracaena Avenue
Falmouth TR11 2ER
Semi-detached
Freehold
12 May 2025£221,000
112 Dracaena Avenue
Falmouth TR11 2ER
Other
Freehold
30 Apr 2025£250,000
Flat 2, 49, Dracaena Avenue
Falmouth TR11 2EG
Flat
Leasehold
28 Apr 2025£230,000
27 Dracaena Avenue
Falmouth TR11 2EG
Detached
Freehold
28 Mar 2025£440,000
Haven, 32a, Dracaena Avenue
Falmouth TR11 2EQ
Other
Freehold
28 Feb 2025£536,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TR11

Buying costs

Monthly repayment£2,151£43,000 deposit · £387,000 loan
Stamp Duty£11,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Lang Llewellyn & Co, Falmouth on Rightmove (original listing). First listed 25 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 12/10/2026.

Agent disclaimer

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.

Similar homes nearby

See all
11 photos
£435,000Guide price
4 bed1 bathDetached1,066 sq ft

Falmouth

Listed 28 Sept 2026
12 photos · Floorplan
£420,000Guide price
6 bed2 bathTerraced

New Windsor Terrace

Listed 13 Oct 2026
9 photos · Floorplan
£450,000Guide price
5 bed2 bathTerraced1,518 sq ft

Falmouth

Listed 17 Sept 2026
17 photos · Floorplan
£450,000Guide price
4 bed1 bathTerraced1,248 sq ft

Falmouth

Listed 7 Sept 2026