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10 bed property, in Arwenack Street, £800,000
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10 bed flat

Arwenack Street, Falmouth, Cornwall, TR11
£800,000
-5.9%

Price History

Initial price £850,000
Apr 3, 2024 £800,000
Price Change -5.9%

Our Summary

  • Uplift income: £75,794 (June 2024)

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Description

Quay Apartments is a long leasehold block consisting of three residential apartments, all accessed via a communal staircase. The ground floor restaurant does not form part of the long leasehold interest. The apartments were constructed to provide 4 bedrooms each, although only one is currently let to 4 tenants.

Incoming purchasers could easily convert the other 3 bedroom flats into 4 bedroom flats to generate additional rental income. The apartments are located on the first, second, and third floors, and their sizes range from approximately 762 sq ft to 810 sq ft. The Energy Performance Certificates (EPCs) for the apartments are rated as D, D, and D.