1. Property photo 1 of 10
  2. Property photo 2 of 10
  3. Property photo 3 of 10

Guide price

£400,000

10 bed semi-detached house for sale
Afton House, Trevethan Road, Falmouth TR11

    • 10 beds

    • 4 baths

    • 1 reception

  • EPC Rating: D

  • Auction
  • Freehold

National Residential

Logo of National Residential

About this property

    **cash buyers only** Spacious 10-Bedroom HMO Investment Opportunity in Falmouth - High Yield and Prime Location National Residential are delighted to present this 10-bedroom semi-detached HMO property, located in the heart of Falmouth. This unique freehold investment offers substantial rental income and excellent tenant demand, making it a perfect choice for investors looking to expand their portfolio. Property Highlights * Freehold property with established rental income. * Council Tax Band: F. * Accommodation: Main house with 8 bedrooms plus 2 additional rentable units (studio and flat above the garage). * Rental Income: £42,875 per annum over a 11 month contracted period. * Expenses: £810 per month (utilities and insurance). Property Layout * Ground Floor: Lounge, kitchen, shower room, and 2 bedrooms. * First Floor: Bathroom and 5 bedrooms. * Second Floor: 2 en-suite bedrooms and an additional WC. * External Units: A separate studio and a flat above the garage, providing extra rental income opportunities. Why Falmouth? Falmouth is widely regarded as one of Cornwall's most desirable towns, consistently ranked among the UK's top coastal destinations. Its vibrant atmosphere, stunning scenery, and rich maritime heritage make it a hotspot for residents and tourists alike. * Maritime Appeal: Home to the National Maritime Museum Cornwall, Falmouth celebrates its global seafaring history. * Beaches & Coastal Walks: Enjoy sandy beaches, scenic coastal paths, and breathtaking views. * Vibrant Lifestyle: From the bustling high street to year-round festivals like Falmouth Week and the Oyster Festival, the town offers a perfect mix of culture, adventure, and relaxation. * Tenant Demand: Its proximity to the riverside, town centre, and local universities ensures strong demand from students and professionals. Location Benefits * Trevethan Road: A charming Victorian and Edwardian street, set back with front gardens, just a 10-minute walk to the High Street. * Transport Links: Excellent access to buses and train services. * Amenities: Walking distance to shops, restaurants, and entertainment venues. Why Invest in This Property? This fully licensed HMO is currently tenanted, generating consistent and impressive rental income. With minimal running costs, no additional ground rent or service charges, and a high gross yield, it offers both immediate returns and long-term capital appreciation potential. Don't Miss Out! Located in one of Cornwall's most desirable towns, this property is an outstanding investment opportunity that combines charm, practicality, and profitability. Arrange Your Viewing Today: Contact our dedicated specialist sales advisor for more details and to book your viewing. Opportunities like this don't last long-secure your investment now!

    Viewings are highly recommended. Contact our specialist sales team today to secure this exceptional investment opportunity.

    This property is only available for purchasers who are not in a chain.

    1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
    2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
    3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
    4: Potential buyers are advised to recheck the measurements before committing to any expense.
    5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

    *By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
    This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.

    Zoopla insights

    Sign in and gain expert analysis to make informed decisions

    More information

    • Tenure

      Freehold

    • Council tax band

      F

    See all recent sales in TR11

    Property descriptions and related information displayed on this page are marketing materials provided by - National Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact National Residential for full details and further information.