Summary - OASIS GUEST HOUSE, 13, DRACAENA AVENUE TR11 2EG
1 bed 1 bath House
Refurbished guest house with gardens, parking and strong turnover potential.
Seven en-suite guest bedrooms; potential for an eighth
A substantial detached property in the heart of Falmouth’s harbour resort, presented as a thoroughly refurbished guest house with strong accommodation capacity. The building currently offers seven en-suite guest bedrooms with scope to add an eighth, plus a self-contained owner’s/letting apartment with sitting room, fitted kitchen, double bedroom and study area. Recent refurbishment and contemporary kitchens/bathrooms support immediate trading or conversion for alternative uses.
The large plot includes pleasant tropical-style gardens with palm trees, a driveway and off-street parking — rare for central locations. The property’s layout across two main floors provides flexible communal space: reception hall, communal kitchen, dining and lounge areas alongside private letting rooms. Constructed in the 1930–49 period with later double glazing and mains gas central heating, it combines period character with modern conveniences.
For an investor or operator this offers an established turnover in the region of £130,000 and a ready-made self-catering/serviced accommodation operation. The freehold tenure and size (c. 2,690 sq ft) give scope for continued holiday-let trading, conversion to a different multi-let model, or long-term rental use depending on planning and licensing.
Material considerations are clear: the EPC rating is D and the building has solid brick walls likely without cavity insulation, which may affect running costs and upgrade work. The property sits in a cosmopolitan area with a mix of families and students; trading may be seasonal given the resort location. Average local crime and deprivation indices are recorded as average. Prospective buyers should factor potential energy-efficiency upgrades and confirm any regulatory requirements for continued serviced accommodation trading.
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