Summary - 37 TRELAWNEY ROAD FALMOUTH TR11 3LT
5 bed 2 bath House
Licensed 5-bed HMO with new kitchen and boiler — clear scope to boost rent.
Licensed 5-bedroom student HMO with immediate income
Set in a cosmopolitan student neighbourhood of Falmouth, this licensed 5-bedroom mid-terrace presents a ready-made HMO income with immediate cashflow and short walk links to university amenities. The property benefits from a new kitchen (2024), a new gas boiler (2024) and mostly uPVC windows — practical updates that reduce near-term maintenance costs for an investor.
Accommodation includes a spacious living room with a bay window, five bedrooms, a modern main bathroom, a separate WC and a shower room, plus a large utility room off the kitchen. Current income is £2,550 pcm; straightforward upgrades (bathroom remodelling and a living-room-to-bedroom conversion subject to HMO licence variation) are identified as realistic routes to increasing rent to circa £3,125–£3,750 pcm in the next academic year.
The house is Victorian, mid-terrace, with original stone walls likely without insulation and some period sash windows still present. The rear courtyard garden is small and low-maintenance. Note material considerations: the area records above-average crime, the plot is compact, and the building’s age means buyers should allow for potential renovation or insulation works if converting for a different use.
Overall this property suits an investor seeking an established student HMO with immediate yield and clear, evidence-based scope to raise income through targeted refurbishment. Owner-occupiers or downsizers should note the small outdoor space, student neighbourhood character and likely upgrade needs to meet differing residential standards.
5 bedroom terraced house for sale in Railway Cottages, TR11 — £320,000 • 5 bed • 1 bath • 1224 ft²
4 bedroom terraced house for sale in Marine Crescent, TR11 — £395,000 • 4 bed • 1 bath • 1068 ft²
5 bedroom terraced house for sale in Albany Road, Falmouth, TR11 — £400,000 • 5 bed • 2 bath • 1349 ft²
5 bedroom terraced house for sale in Trevethan Road, Falmouth, TR11 — £515,000 • 5 bed • 2 bath • 1947 ft²
5 bedroom terraced house for sale in Falmouth, TR11 — £475,000 • 5 bed • 2 bath • 1494 ft²
8 bedroom terraced house for sale in Marlborough Road, Falmouth, TR11 — £460,000 • 8 bed • 2 bath • 1981 ft²
