Summary - 27 ARWENACK STREET FALMOUTH TR11 3JE
5 bed 1 bath Mixed Use
**Standout Features:**
- Prime central location in Falmouth, TR11.
- Mixed-use property with 2 commercial units let to a restaurant operator (current income: £56,285 per annum).
- 5 total bedrooms across 2 residential apartments.
- Freehold tenure with excellent rental yield (approx. 10%).
- Close to a plethora of amenities and vibrant student community.
**Summary:**
Seize this rare investment opportunity in the heart of Falmouth with this freehold mixed-use property featuring a functioning restaurant on the ground floor and two well-sized residential apartments above. With a total of 5 bedrooms—2 in the first-floor apartment and 3 in the second—this property not only boasts a robust annual rental income of £56,285 but also offers the potential for further enhancements.
The well-maintained Victorian structure highlights charming period features and provides a cozy urban aesthetic, making it appealing for both students and professionals alike. Although the broadband speed is listed as very slow, the location excels in walkability, placing a variety of cafés, shops, and local attractions just minutes from your door.
Key considerations include the average local crime rate and the property's construction prior to 1900, suggesting potential ongoing maintenance needs. However, this small plot stands as a golden opportunity to enter a vibrant, cosmopolitan neighborhood that’s ideal for rental investment or creating a family home and should garner immediate interest! Don’t miss your chance to own this multi-faceted property in a highly sought-after area.
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