Guide price
£275,000
(£208/sq. ft)
2 bed flat for saleBerkeley Vale, Falmouth TR11
2 beds
2 baths
2 receptions
1,324 sq. ft
EPC Rating: C
About this property
Two self-contained apartments
Expected rental income of 800/850PCM
Rental yield of 7.4%
Off road parking for each property
Within walking distance to local amenities
No onward chain
Certificate of lawfulness available
Connected to all mains services
Council tax band A
Please scan the qr code for material information
Property Description
Smart Millerson Estate Agents are thrilled to present to the market an exceptional investment opportunity, comprising two beautifully arranged one-bedroom apartments. Perfectly positioned just a short stroll from the ever-popular Falmouth harbour, this property offers not only a highly desirable coastal setting but also a ready-made income stream that investors will not want to miss. The location itself is a major draw, with easy access to local amenities, waterfront attractions, and the vibrant lifestyle that Falmouth is renowned for, ensuring consistent tenant demand year-round.
Having been thoughtfully separated into two individual apartments, the property provides immediate dual-income potential. Each apartment is expected to achieve a rental figure in the region of £800–£850 per calendar month, resulting in a strong and attractive rental yield of approximately 7.4%. This makes the property an appealing proposition for both seasoned investors and those looking to expand their portfolio with a well-located, high-performing asset.
In brief, both apartments benefit from their own private entrances, offering a sense of independence and privacy for occupants. Upon entering, you are welcomed into well-equipped kitchens that boast an abundance of worktop space alongside integrated appliances, ideal for modern living. The accommodation continues with expansive lounge areas that provide ample space for relaxation and entertaining, as well as generously sized double bedrooms. The first-floor apartment further enhances its offering with the addition of a separate office or walk-in wardrobe space, perfectly suited for today’s flexible lifestyle needs, whether working from home or requiring additional storage.
Externally, each apartment enjoys the convenience of its own allocated parking space, a particularly valuable feature in such a central and sought-after location. An additional and significant benefit is that the property is offered as a freehold, with no ground rent or service charges payable, ensuring lower ongoing costs for the owner. Furthermore, a certificate of lawfulness is in place, which we are happy to provide to solicitors upon acceptance of an offer, offering reassurance and clarity regarding the conversion.
Each apartment is connected to mains water, electricity, gas, and drainage, running off the same boiler and water billing, as they are not individually metered at present. Both properties fall under Council Tax Band A.
Location
Falmouth is a vibrant coastal town on Cornwall’s south coast, renowned for its stunning harbour, beautiful beaches, and scenic coastal walks. The town offers an excellent range of amenities, including high street and independent shops, cafés, restaurants, pubs, schools, and healthcare facilities, making it ideal for families and professionals alike. Culture and leisure are at the heart of Falmouth, with attractions such as the National Maritime Museum Cornwall, Falmouth Art Gallery, and year-round festivals and events. For outdoor enthusiasts, the town provides numerous watersports opportunities, parks, and green spaces, while transport links via rail, road, and ferry make it well connected both locally and further afield, creating the perfect balance of coastal charm, convenience, and lifestyle.
The Accommodation Comprises
(all measurements are approximate)
Ground Floor Flat
Entrance Porchway
Skimmed ceiling. Consumer unit. Skirting. Coir flooring.
Hallway
Skimmed ceiling. Smoke alarm. Built-in storage cupboard. Thermostat. Radiator. Skirting. Carpeted flooring. Doors leading into:
Lounge
Skimmed ceiling. Double-glazed window to the front aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpeted flooring.
Bedroom
Skimmed ceiling. Dual-aspect double-glazed windows. Radiator. Multiple plug sockets. Skirting. Carpeted flooring.
Dining Room
Skimmed ceiling. Smoke alarm. Radiator. Multiple plug sockets. Skirting. Vinyl flooring. Door leading to side entrance.
Kitchen
Skimmed ceiling. Double-glazed window to the front aspect. A range of wall and base fitted storage cupboards and drawers. Splash-back tiling. Integrated oven with four-ring gas hob and extractor hood over. Integrated fridge and freezer. Stainless steel wash basin with mixer tap and drainage board. Multiple plug sockets. Vinyl flooring.
Shower Room
Skimmed ceiling. Extractor fan. Splash-back tiling. Cubicle housing an electric shower. Wash basin. Heated towel rail. W.C. Skirting. Vinyl flooring.
First Floor Landing
Entrance Foyer/Utility
Skimmed ceiling. Double-glazed window to the side aspect. Radiator. Multiple plug sockets. Skirting. Vinyl flooring.
Kitchen
Smoke alarm. Double-glazed window to the side aspect. A range of wall and base fitted storage cupboards and drawers. Integrated oven with four-ring hob and extractor hood over. Splash-back tiling. Stainless steel wash basin with mixer tap and drainage board. Space for fridge/freezer and under-counter washing machine. Radiator. Multiple plug sockets. Skirting. Vinyl flooring.
Lounge
Skimmed ceiling. Smoke alarm. Two double-glazed windows to the front aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpeted flooring.
Hallway
Skimmed ceiling. Smoke alarm. Gas boiler. Thermostat. Multiple plug sockets. Skirting. Carpeted flooring. Doors leading into:
Shower Room
Skimmed ceiling. Smoke alarm. Access into the property's loft space. Two double-glazed windows to the side aspect. Splash-back panelling. Cubicle which houses a mains-fed shower. Wash basin. Heated towel rail. W.C. Skirting. Vinyl flooring.
Bedroom One
Dual aspect double glazed windows. Radiator. Multiple plug sockets. Skirting. Carpeted flooring.
Dressing Room
Double glazed window to the side aspect. Radiator. Multiple plug sockets. Skirting. Carpeted flooring.
Externally
Parking
Externally, each apartment enjoys the convenience of its own allocated parking space, a particularly valuable feature in such a central and sought-after location.
Services
Each apartment is connected to mains water, electricity, gas, and drainage, running off the same boiler and water billing, as they are not individually metered at present. Both properties fall under Council Tax Band A.
Material Information
Verified Material Information
Council Tax band: A
Tenure: Freehold
Property type: Flat
Property construction: Standard construction
Energy Performance rating: C
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Mains gas-powered central heating is installed.
Heating features: Double glazing
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Great, Vodafone - Good, Three - Good, EE - Good
Parking: Driveway, On Street, and Off Street
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Historical flooding: No
Flood defences: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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