High Street, Falmouth, Cornwall, TR11
LA

High Street, Falmouth, Cornwall, TR11

By Laskowski & Company

£ 2,175,000

Reviews

2 out of 5 stars

Laskowski & Company says ..

An opportunity to acquire a company which comprises 4 freehold residential/student investment properties. 3 properties are currently let to 21 tenants. 1 property is vacant but will comprise 3 x 2-3 bedroom apartments (2 apartments are currently completed, 1 will remain unconverted).

Property Oracle says ..

This listing presents an investment opportunity encompassing four freehold properties in Penryn, Cornwall. The portfolio comprises a mix of existing tenancies and potential apartment conversions, suggesting a diverse income stream. The proximity to Falmouth, the presence of nearby schools, and the relatively convenient train station access in Penryn are positive features that could appeal to investors. However, a lack of information hinders a conclusive evaluation. Key missing data points include the total square footage, individual property conditions, and the specifics of the lease terms or rental income for each property. These aspects would significantly affect the financial viability and investment value. Furthermore, details regarding potential future costs, such as maintenance and repairs, are absent. A thorough due diligence process is crucial before committing to such an investment. It’s also important to understand the current market dynamics in Penryn concerning student/HMO property and conduct a comparative analysis with similar investment opportunities to gauge the competitiveness of the list price. This analysis necessitates additional investigation beyond the provided information.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
30
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
381,350.00 £
Increased by 29.85 %
from 293,693.00 £
Average area rental value
937.00 £/mo
Decreased by 36.82 %
from 1,483.00 £/mo
Est rental Yield
2.95 %
Decreased by 51.32 %
from 6.06 %
Crime Rate
42.00 %
Unchanged by 0.00 %
from 42.00 %

Agent Activity

  • Laskowski & Company created the listing.

Nearby Schools

NameTypeOfstedDistance
Penryn Primary AcademyAcademy Sponsor LedGood0.95 KM
Penryn Children'S CentreChildren's Centre Linked Site1.01 KM
Penryn CollegeAcademy ConverterGood1.08 KM
Falmouth SchoolAcademy ConverterSerious Weaknesses1.78 KM
St Francis Cofe Primary SchoolAcademy Converter2.50 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Thomas Street £ 000.00 KM
Tresooth Court £ 000.00 KM
Woodway £ 375,00000.00 KM
Bellevue Cottages £ 000.00 KM
Kew Kekulyek £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Penryn (Cornwall)3525PYN0.56 KM
Penmere3499PNM3.34 KM
Falmouth Town3591FMT5.17 KM
Perranwell3528PRW5.30 KM
Falmouth Docks3508FAL5.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Falmouth, Cornwall, TR11 £ 2,175,000BUY4 / 100.00 KM
Helston Road £ 225,000BUY6 / 100.01 KM
Penryn, Character cottage £ 190,000BUY7 / 100.05 KM
PENRYN £ 380,000BUY5 / 100.05 KM
PENRYN £ 190,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
9 Helston Road £ 200,0000.05 KM
15 Helston Road £ 180,0000.05 KM
3 Helston Road £ 270,0000.05 KM
23 Helston Road £ 295,0000.05 KM
7 Helston Road £ 137,5000.05 KM