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Falmouth
For sale
£450,000Guide price

Falmouth, TR11 3BN

5bedrooms
2bathrooms
Terracedtype
1,518sq ft
Freeholdtenure

Listed 17 Sept 2026 · Falmouth

How the price compares

This home£450,000£296 per sq ft
Median 5 bed in TR11£650k19 homes listed · £322 per sq ft
Difference-31%below the area median

Key features

  • Established registered HMO property
  • Set in a popular location near town
  • Communal lounge, refitted kitchen/dining room
  • Accommodation spread over three floors
  • Gas central heating, UPVC double glazing
  • Currently let to professional tenants
  • Five letting bedrooms
  • Annual rental income of £38,160 Nett
  • Small rear courtyard, one parking space
  • Energy Performance Rating - Band D

About this home

The property has been successfully let to professionals for the past five years and is being sold with all rooms let and currently under a full management arrangement with a local bespoke letting company, Cornwall Living Property. The house has been refurbished to a high standard and has features including gas fire central heating by radiators, UVPC double glazed windows, a refitted kitchen in high gloss white, two remodelled bathrooms and available as a turnkey transaction to continue this successful business. As you would expect, there is a full fire alarm and certification,  a registered HMO licence lasting until 2028 gas safe and electrical certificates. The accommodation on the ground floor includes an entrance porch, reception hall, a double bedroom, a communal lounge with doors to a conservatory, rear porch and a fitted kitchen/dining room with appliances. The first floor provides three bedrooms, a shower room/wc and a second separate wc. A door on the landing leads to the sun deck at the rear and finally a turning staircase takes you to the top floor where you will find the largest of the bedrooms which has canopy ceilings and an en-suite shower room. There is a small courtyard area at the rear and one parking space which is approached via a service lane behind the house. The house currently produces an annual rental income of £38,160 nett. (total monthly income £3,300)

THE ACCOMMODATION COMPRISES Multi pained front door to entrance porch where continuous hard wearing flooring radiator dado rail. BEDROOM ONE - 4.01m x 3.71m (13'2" x 12'2") Having a double radiator, recessed UPVC double glazed window overlooking the front, picture rail and carpet. LOUNGE - 3.86m x 3.66m (12'8" x 12'0") A pleasant communal reception room with double radiator, painted enclosed period fireplace, a picture rail and double opening French doors to: REAR CONSERVATORY/PORCH - 2.13m x 2.03m (7'0" x 6'8") Having vinyl flooring, a wall mounted gas boiler, mono pitched tri polycarbonate roofing, a single glazed window and French door to outside. KITCHEN/DINING ROOM - 4.75m x 2.74m (15'7" x 9'0") Plus a recess of 4'0 x 4'0.   Refitted with range of matching wall and base units in high gloss white, brushed steel handles, wood effect wrap around roll top work surfaces and white metro tiling over, electric hob, black gloss splash back and extractor hood over, single fan assisted oven, one and a half bowl single drainer stainless steel sink unit with cupboards under, vinyl flooring, breakfast bar with space for a tumble dryer, double radiator, inset ceiling spotlights, space for a tall boy fridge freezer, frosted door from the reception hall, dual aspect double glazed windows overlooking the outside. TURNING STAIRCASE From hall to split level landing. REAR LANDING Vinyl flooring, double glazed French door leading to the rear sun deck. SHOWER ROOM Remodelled with white suite comprising of a corner fully tiled shower cubicle, Mira electric shower with curved screening, china wash hand basin set on a vanity unit with tiled splashback, low level flush wc, radiator, vinyl flooring, frosted double glazed window and extractor fan. WC Low level flush wc, half tiled walls, vinyl flooring and frosted double glazed window. REAR SUN DECK - 2.79m x 2.84m (9'2" x 9'4") Approached via a door from the landing enjoying a sunny aspect for much of the day. BEDROOM TWO - 3.91m x 3.66m (12'10" x 12'0") Approached via a door from the landing enjoying a sunny aspect for much of the day. BEDROOM THREE - 3.66m x 2.77m (12'0" x 9'1") Having picture rail, double radiator, deep recessed bay with views towards the town and fitted carpet. BEDROOM FOUR - 2.67m x 2.44m (8'9" x 8'0") Recessed double glazed window overlooking the front aspect, fitted carpet, radiator and picture rail. STAIRCASE From first floor landing leading to the top floor. BEDROOM FIVE Of an irregular shape and enjoying a bright dual aspect with Velux double glazed ceiling skylights, double glazed window overlooking the rear, fitted carpet, canopy ceilings with limited head room in parts. EN-SUITE SHOWER ROOM En suite shower room with fully tiled shower cubicle , electric shower and curved screen, low flush wc, china wash hand basin set on a vanity unit with chrome mixer tap and electric towel rail. OUTSIDE To the rear of the property there is a small courtyard area and steps taking you to a parking space for one vehicle which is approached by a rear service lane. SERVICES Mains electricity, water, gas and drainage. Telephone and broadband connected. COUNCIL TAX Band C. MONEY LAUNDERING Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Property details

Property type
Terraced
Size
1,518 sq ft / 141 sq m
Council tax band
C
Tenure
Freehold
Parking
No parking
Electricity
Mains supply
Water
Mains supply

Floorplan

Floorplan 1Floorplan 2Floorplan 3

Location

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  • Falmouth Town Station0.5 mi
  • Penmere Station0.6 mi
  • Falmouth Docks Station0.7 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
23 Wellington Terrace
Falmouth TR11 3BN
Terraced
Freehold
4 Aug 2025£380,000
24 Wellington Terrace
Falmouth TR11 3BN
Terraced
Freehold
19 Dec 2024£250,000

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£2,251£45,000 deposit · £405,000 loan
Stamp Duty£12,500England 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 Kimberley's Independent Estate Agents, Falmouth on Rightmove (original listing). First listed 17 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 12/02/2026.

Agent disclaimer

Disclaimer - Property reference S1860877. 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 Kimberley's Independent Estate Agents, 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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