Summary - Market Street, Falmouth, Cornwall, TR11 TR11 3AR
6 bed 3 bath Block of Apartments
**Standout Features:**
- Long leasehold residential block in prime central Falmouth
- Two separate apartments: 2-bed and 4-bed
- Strong investment potential with a current income of £45,900 per annum (10% yield)
- Total area: 1,790 sq ft with high ceilings in Victorian design
- Located in a vibrant, cosmopolitan student neighborhood
- Close proximity to local amenities and schools with good ratings
**Notable Concerns:**
- Constructed before 1900 with solid brick walls and no insulation
- Electrical heating may require future upgrades
- Crime rate in the area is above average
Discover an exceptional investment opportunity in the heart of Falmouth, perfect for both discerning investors and prospective homeowners. This versatile residential block features a 2-bedroom apartment and a spacious 4-bedroom apartment, presenting an impressive yield of 10%—ideal for maximizing rental income.
The property boasts large Victorian-style windows and high ceilings, creating a spacious atmosphere with plenty of natural light. Located within walking distance to numerous amenities including shops, restaurants, and public transport, it is perfectly positioned for tenant appeal, especially among students and professionals.
While the property offers great earning potential, be aware that it was built before 1900 and lacks insulation, which might necessitate future renovations. This unique gem in an active neighborhood presents a unique chance to tap into the vibrant Falmouth rental market. Don’t miss this opportunity to invest in a property with long-term potential!
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