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New Street, Falmouth, TR11
For saleNew
£235,000Guide price

New Street, Falmouth, TR11 3HX

3bedrooms
1bathroom
Flattype
Share of Freeholdtenure

Listed 3 days ago · Falmouth

How the price compares

This home£235,000
Median 3 bed in TR11£346k71 homes listed · £377 per sq ft
Difference-32%below the area median

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.

About this home

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.

Property details

Property type
Flat
Council tax band
B
Tenure
Share of Freehold
Lease remaining
951 years left
Service charge
£480 per year
Heating
Gas central
Electricity
Mains supply
Water
Mains supply

Floorplan

All

Location

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1 on this map

  • Falmouth Town Station0.3 mi
  • Falmouth Docks Station0.5 mi
  • Penmere 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
Flat 3 Block A, Harbour Court, New Street
Falmouth TR11 3HY
Flat
Leasehold
18 Dec 2024£285,000

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£1,176£23,500 deposit · £211,500 loan
Stamp Duty£2,200England 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 5 Nov 2026; details checked 7 Nov 2026. Latest change: added on 05/11/2026.

Agent disclaimer

Disclaimer - 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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