Dracaena Avenue, Falmouth, TR11 2EG
Listed 25 Aug 2026 · price reduced 12 Oct 2026 · Falmouth
How the price compares
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
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Property details
- Property type
- Terraced
- Council tax band
- C
- Tenure
- Freehold
- Garden
- Private garden
- Heating
- Gas central
Floorplan
Location
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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.
| Address | Type | Sold | Price |
|---|---|---|---|
| 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
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.














