Martin & Co says ..
**5 BEDROOM HMO INVESTMENT PROPERTY OR FAMILY HOME** In the heart of Falmouth, a modern house with GARAGE in very good condition, previously let as a licensed 5 bedroom HMO. The property is currently VACANT.
Property Oracle says ..
This 5-bedroom property located on Clifton Place in Falmouth, Cornwall presents itself as a potentially good investment. The house is described as modern and in very good condition and comes with the additional benefit of a garage that is currently used as a laundry room. The interior appears well-maintained and the kitchen and bathroom appear to be in good, up-to-date condition. The property is currently vacant, offering flexibility to potential buyers who may want to use the property as a family home or as a licensed 5-bedroom HMO.
Falmouth’s location adds value to the property. The town offers a range of amenities including beaches, shops, and restaurants, along with relatively good transport links, making the area generally desirable. However, given that some of the neighbouring property information is incomplete (such as the square footage and type for many properties), a more conclusive comparative analysis of value isn’t possible.
The presence of a small roof terrace is a plus, although the absence of a traditional garden is notable. Overall, the property seems well-presented but requires further due diligence (i.e., thorough property survey) to assess any potential structural or hidden issues before reaching a final opinion on value. The listing price appears to fall in a reasonable range for Falmouth’s housing market, but a comprehensive valuation and comparison with precisely measured comparable properties would clarify the property’s true value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 5
- Bathrooms
- 1
- Sqft (est)
- 1,194.79
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
- 386,259.00 £Increased by 9.54 %
- Est sale value
- 482,695.16 £Increased by 18.48 %
- Average area rental value
- 1,492.00 £/moDecreased by 18.74 %
- Est letting value
- 1,194.79 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.64 %Decreased by 25.76 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Falmouth & Penryn Children'S Centre | Children's Centre | 0.17 KM | |
| King Charles Primary School | Academy Converter | 0.48 KM | |
| Marlborough School | Community School | Requires improvement | 0.56 KM |
| Falmouth Primary Academy | Academy Sponsor Led | Good | 0.66 KM |
| Falmouth University | Higher Education Institutions | 0.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| West Place | £ 0 | 0 | 0.00 KM |
| Marlborough Road | £ 510,000 | 0 | 0.00 KM |
| Theydon Road | £ 0 | 0 | 0.00 KM |
| Beacon Terrace | £ 0 | 0 | 0.00 KM |
| Mulberry Passage | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penmere | 3499 | PNM | 0.69 KM |
| Falmouth Town | 3591 | FMT | 1.39 KM |
| Falmouth Docks | 3508 | FAL | 2.33 KM |
| Penryn (Cornwall) | 3525 | PYN | 4.37 KM |
| Perranwell | 3528 | PRW | 8.17 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Clifton Place | £ 450,000 | BUY | 5 / 10 | 0.00 KM |
| Falmouth | £ 360,000 | BUY | 7 / 10 | 0.06 KM |
| Raleigh Place, Falmouth | £ 345,000 | BUY | 6 / 10 | 0.08 KM |
| Park Hill, Falmouth, TR11 | £ 350,000 | BUY | 6 / 10 | 0.10 KM |
| FALMOUTH | £ 245,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Clifton Place | £ 180,000 | 0.03 KM |
| 8 Clifton Place | £ 227,000 | 0.03 KM |
| 11 Clifton Place | £ 49,500 | 0.03 KM |
| 5 Clifton Place | £ 210,000 | 0.03 KM |
| 1a Clifton Place | £ 315,000 | 0.03 KM |