Trevethan Road, Falmouth, TR11

A Prime Investment Opportunity with Immediate Income and Development Potential

An exciting chance to acquire this well-maintained investment property, currently generating a strong rental income with excellent potential to enhance and add value.

The property is presently let to a group of five students who have taken great care of the home. Their tenancy is secured until at least 31 July 2026, offering stability and peace of mind for any investor.

With a current rental income of £3,125 per month, the property delivers a gross yield of 7.28% based on the asking price of £515,000.

There is scope to reconfigure the staircase to the top floor, potentially unlocking additional accommodation—subject to the necessary planning consents.

To the rear, a detached garage/workshop presents further development opportunities, again subject to planning approval.

The student tenancy is professionally managed by our agency, making this a turnkey investment with strong returns and future growth potential.

Entrance Porch

Double-glazed window to the side, multi-paned door giving access to the entrance hall.

Entrance Hall

Dado rail at a third height and picture rail, high wall mounted cupboard housing the eclectic fuse boxes, original period staircase rising to the first floor with recess under with wall mounted cloak hooks.

Bedroom / (Original Sitting Room)

Located at the front of the property, a lovely bright room with high ceilings and shallow bay double-glazed window to the front elevation with exposed wooden moulded architrave. The room focuses on a period open fireplace with cast-iron grate, attractive tiled inset, slate hearth and wooden surround with mantel shelf. Period high moulded skirting boards, picture rail, coved ceiling with central rose. Radiator.

Bedroom (Original Dining Room)

Moulded picture rail, high skirting board, central ceiling rose, radiator. Open doorway into the dressing room. The dressing room has laminate flooring and Velux window and extends the space of the original room.

Cloakroom / Shower Room

Comprising a fitted three piece suite in white of tiled recessed shower unit with Mira shower over and glazed door, low level WC and wash-hand basin. Part ceramic and part timber panelled painted walls. Window through to the utility room. Laminate flooring, Ceiling mounted electric strip light.

Open Plan Kitchen / Living Area

An extremely spacious extended room to the rear of the property.

Kitchen Area

Fitted with a good range of wall mounted and base cupboards and drawers with three areas of roll edge work surface over. Fitted one and a half bowl stainless steel sink unit with drainer. Double oven with hob over. Spaces for a dishwasher and fridge/freezer. Window to the rear overlooking the garden. Window to the side.

Lounge Area

Plenty of room to house a dining room table and chairs or a lounge suite. Radiator. Cupboard housing the Glow Worm boiler. Multi-paned window looking through to the sun room and multi-paned door leading to the sun room.

Sun Room

A large lean to style bright and spacious room providing a further reception room to the property with laminate flooring, timber door and window to the rear garden area.

Split Level Half Landing

Exposed wooden panelled door to the bathroom.

Shower Room

Initial cloakroom fitted with a low level push-button WC and step up to the shower room.

Shower Room

Fitted with a three piece in white of large shower enclosure, wash hand basin, vinyl flooring, chrome heated towel rail and obscured double glazed window to the rear.

Main Landing Area

Radiator. Dado rail. Exposed wooden door concealing the staircase which rises to the second floor, with shelved storage cupboard under. High window to the rear. Exposed wooden panelled doors to the three first floor bedrooms.

Bedroom 1 to the front.

Double-glazed shallow bay window to the front. Moulded picture rail and high skirting board. Fitted corner vanity unit with inset wash-hand basin, tiled splashback, double cupboard beneath and mirrored cabinet over.

Bedroom 2 to the rear

Double-glazed window overlooking the rear garden. Fitted corner wash-hand basin with tiled splashback and mirror above. Moulded picture rail and high moulded skirting board. Radiator. Painted wooden panelled door to large shelved storage cupboard.

Bedroom 3 to the front

Shallow double-glazed bay window to the front. Fitted pedestal wash-hand basin with tiled splashback and mirrored cabinet above. Radiator. Moulded picture rail and moulded high skirting board.

Top floor (currently not included with let)

The stairs to this level are currently not compliant and therefore this area is not included with the current Tenancy. This area provides potential for additional income subject to planning and remedial works.

Landing

The original staircase rises to the second floor with small landing and three painted wooden panelled doors give access to three useful attic rooms.

Rear Garden

To the front there is small enclosed lawned garden with planted border containing a range of flowering shrubs with a small picket fence along the front boundary. A pathway leads to the front entrance porch from Trevethan Road.

To the rear is a particularly good sized lawned garden enjoying a westerly aspect and a good degree of privacy. From the door leading out from the sun room there is a small slate courtyard with steps rising up to the lawned garden which is bounded to the left by an old Cornish stone wall and timber fencing forms the right boundary and has a broad border containing shrubs, plants and trees including established camellia and a mature eucalyptus tree. At the end of the garden is the double garage/workshop.

Parking - Double garage

Double garage/workshop 28' 4" x 18' (8.64m x 5.49m) maximum overall measurement. Garage area - 18'8" x 18' (5.69m x 5.49m) With wooden folding doors leading out onto Love Lane. Power and light are connected and there are steps leading up to extra storage space in the loft. Lean-to workshop - Located at the rear of the garage. 16'10" x 9' (5.13m x 2.74m) With two windows and a door leading back into the rear garden.