Guide price
£425,000
(£281/sq. ft)
6 bed terraced house for saleBudock Terrace, Falmouth TR11
6 beds
2 baths
1 reception
1,513 sq. ft
EPC Rating: D
About this property
Six Bedroom HMO In The Heart Of Falmouth
Located In The Heart Of Falmouth
Proven 11.8% Gross Yield Returning £49,985
Tenants In Situ for 2026/2027 Academic Year
Garage and Parking On Separate Tenancy
Modern Kitchen/Diner With Separate Living Room
Enclosed Rear Courtyard
Well Presented And Sold Fully Furnished
Sold As An Ongoing Concern
No Onward Chain
Number 19, located in the heart of Falmouth, represents an excellent investment opportunity and has been a popular and successful HMO student let.
The property offers six rentable bedrooms, comprising four doubles and two singles, with further income generated from the separate single garage and parking space, which are currently held on a separate tenancy.
Upon entering, you are greeted by an exceptionally well-presented home that has been carefully maintained throughout the current ownership. The property features a modern kitchen with dedicated dining space, a separate living room and a private courtyard, providing an attractive communal and outdoor space for tenants. Upstairs, there are six well-maintained bedrooms, offering 4 doubles and 2 singles. The property has been consistently looked after by a local letting agent, ensuring it is well maintained and ready for the next investor to continue its established rental success.
With its central Falmouth location, strong student appeal, additional garage and parking income, and no onward chain, Number 19 offers a genuine ready-to-go investment opportunity for those looking to acquire an established income-producing property.
The location
Budock Terrace enjoys a highly desirable location in close proximity to the town centre, allowing residents to easily access all amenities. Falmouth boasts a vibrant and thriving atmosphere, with a blend of both independent and national retail outlets, numerous art galleries exhibiting local creations, and a diverse range of dining establishments. Additionally, Events Square and the National Maritime Museum host a multitude of engaging activities throughout the year, such as Falmouth Classics, Falmouth Week, and the Oyster and Sea Shanty festivals. With its south-facing position, Falmouth's scenic seafront offers sandy beaches and direct access to the Southwest coastal path. It comes as no surprise then that Falmouth consistently ranks amongst the top five favoured places to live in the UK.
EPC Rating: D
Agents Note
Returning a gross yield of £49,985 per annum including a bill contribution of £490 per month which covers gas, electric, water, internet and window cleaning. The House is rented at £3,700 per month with the garage and parking space rented at £150 per month. The property is managed by smart lettings in Penryn and there are students in situ for the 2026/2027 academic year on an 11.5 month contract as an ongoing concern.
Mortgage calculator
£2,126 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



.png)