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 %
- Average area rental value
- 937.00 £/moDecreased by 36.82 %
- Est rental Yield
- 2.95 %Decreased by 51.32 %
- Crime Rate
- 42.00 %Unchanged by 0.00 %
Agent Activity
Laskowski & Company created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Penryn Primary Academy | Academy Sponsor Led | Good | 0.95 KM |
| Penryn Children'S Centre | Children's Centre Linked Site | 1.01 KM | |
| Penryn College | Academy Converter | Good | 1.08 KM |
| Falmouth School | Academy Converter | Serious Weaknesses | 1.78 KM |
| St Francis Cofe Primary School | Academy Converter | 2.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St. Thomas Street | £ 0 | 0 | 0.00 KM |
| Tresooth Court | £ 0 | 0 | 0.00 KM |
| Woodway | £ 375,000 | 0 | 0.00 KM |
| Bellevue Cottages | £ 0 | 0 | 0.00 KM |
| Kew Kekulyek | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penryn (Cornwall) | 3525 | PYN | 0.56 KM |
| Penmere | 3499 | PNM | 3.34 KM |
| Falmouth Town | 3591 | FMT | 5.17 KM |
| Perranwell | 3528 | PRW | 5.30 KM |
| Falmouth Docks | 3508 | FAL | 5.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Falmouth, Cornwall, TR11 | £ 2,175,000 | BUY | 4 / 10 | 0.00 KM |
| Helston Road | £ 225,000 | BUY | 6 / 10 | 0.01 KM |
| Penryn, Character cottage | £ 190,000 | BUY | 7 / 10 | 0.05 KM |
| PENRYN | £ 380,000 | BUY | 5 / 10 | 0.05 KM |
| PENRYN | £ 190,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Helston Road | £ 200,000 | 0.05 KM |
| 15 Helston Road | £ 180,000 | 0.05 KM |
| 3 Helston Road | £ 270,000 | 0.05 KM |
| 23 Helston Road | £ 295,000 | 0.05 KM |
| 7 Helston Road | £ 137,500 | 0.05 KM |