Immediate rental income from a well-located four-bedroom town terrace.
Produces £2,400 pcm / £28,800 pa income
Let until August 2026 with tenants in situ
Four letting rooms plus study and large communal lounge
Single bathroom for four bedrooms — limited amenity
Small enclosed rear courtyard with outbuildings and laundry
100% double glazed; gas central heating; EPC D
On-street parking only; small plot and modest internal size
Local crime level above average — may affect costs
A well-located four-bedroom terraced house in central Falmouth offering immediate rental income and long-term letting appeal. Currently run as a student let, the property is let through to August 2026 and produces £2,400 pcm (£28,800 pa), making it a straightforward buy-to-let for an investor seeking near-term yield.
The house blends period character—bay windows, a recently redecorated front elevation and a new handmade oriel window—with practical modern updates including double glazing, gas central heating and a fitted kitchen. The layout provides four letting rooms plus a separate study and a large communal lounge, plus an enclosed rear courtyard with useful outbuildings and laundry space.
Notable constraints are factual: there is a single bathroom serving four bedrooms, the EPC is D, and the plot and internal space are modest. The property sits on a small plot with on-street parking only, and local crime levels are reported as above average. These factors affect lettings flexibility and may influence insurance and management costs.
For an investor wanting a hands-off income-producing asset in a university town, this property is attractive — tenants in situ, established 22-year letting history and high local demand. However, buyers should allow for potential upgrades to energy efficiency, bathroom provision and routine maintenance budgets given age and terrace setting.
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