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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 prime investment opportunity offers a strong rental income and development potential. The property is currently let to a group of five students who have taken great care of the home and have a secured tenancy until at least 2026, providing stability and peace of mind for investors. The property generates a gross yield of 7.28% based on the asking price of £515,000, with a current rental income of £3,125 per month. Additionally, there is scope to reconfigure the staircase to unlock additional accommodation and a detached garage/workshop presents further development opportunities, subject to planning consents. The property is professionally managed by the agency, making it a turnkey investment with strong returns and future growth potential.