Summary - 9 RAILWAY COTTAGES FALMOUTH TR11 4BW
5 bed 1 bath Terraced
Proven student HMO in central Falmouth, tenants in situ and immediate income.
Investment property producing £27,600 per annum
An established student HMO in central Falmouth, this five-bedroom terraced cottage produces a current income of £27,600 pa with tenants in situ to July 2026. The property offers four double rooms and a single, communal lounge, three WCs and a fitted kitchen — a straightforward income stream close to the university, station and town amenities.
The house extends to about 1,224 sq ft and includes an enclosed rear courtyard with a large workshop/utility room wired and plumbed for sink and appliances — a useful studio or additional tenant amenity that boosts rental appeal. Practical features include gas central heating, full double glazing and an EPC rating of E; unrestricted on-street parking is available.
Accommodation is a mix of traditional and mid-20th-century finishes. The layout and location are proven for student lets, but parts of the interior are dated and would benefit from modernization (dated staircase, some period wallpaper and small room proportions). The plot is small and outdoor space is limited to a courtyard. The neighbourhood has above-average crime levels — an important consideration for management and insurance costs.
This is best suited to investors seeking an immediate yield in a high-demand student market, or a buyer willing to refurbish selectively to increase rents or convert to alternative uses when tenancy terms allow. Freehold sale; straightforward HMO history and strong local rental demand make it a practical revenue property with some upside from cosmetic improvement.
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