10 bedroom house of multiple occupation for sale

>

10 bedroom house of multiple occupation for sale

Afton House, Trevethan Road, Falmouth, Cornwall, TR11
£400,000

Our Summary

  • 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
  • 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
  • Located in one of Cornwall's most desirable towns, this property is an outstanding investment opportunity that combines charm, practicality, and profitability

Description

This spacious 10-bedroom semi-detached HMO property in Falmouth is a unique freehold investment opportunity, offering substantial rental income and excellent tenant demand. The property has a established rental income of £50,100 per annum, with expenses of £810 per month, resulting in a gross yield of 10.66% and a net yield of 7.16%. The property features a main house with 8 bedrooms, plus 2 additional rentable units, a studio and a flat above the garage. Located in the heart of Falmouth, the property benefits from its proximity to the riverside, town centre, and local universities, ensuring strong demand from students and professionals. With minimal running costs and no additional ground rent or service charges, this property offers both immediate returns and long-term capital appreciation potential, making it an outstanding investment opportunity for those looking to expand their portfolio.
Finance This Property