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5 bedroom terraced house for sale
Trevethan Road, Falmouth, TR11
£515,000
Trevethan Road, Falmouth, TR11
£515,000
Our Summary
- A Prime Investment Opportunity with Immediate Income and Development Potential
- An exciting chance to acquire this well-maintained investment property, currently generating a strong rental income with excellent potential to enhance and add value
- There is scope to reconfigure the staircase to the top floor, potentially unlocking additional accommodation—subject to the necessary planning consents
- To the rear, a detached garage/workshop presents further development opportunities, again subject to planning approval
- Potential to add value
Description
This investment property offers a rare opportunity to acquire a well-maintained property with immediate income and potential for development. Currently rented to a group of five students until at least 2026, the property generates a strong rental income of £3,125 per month, resulting in a gross yield of 7.28% based on the asking price of £515,000. The property has potential to be reconfigured to unlock additional accommodation and the detached garage/workshop offers further development opportunities, subject to planning consent. With a professionally managed tenancy, this investment provides a turnkey solution with strong returns and future growth potential.