Martin & Co says ..
**LICENSED 8 BEDROOM HMO INVESTMENT PROPERTY ** Comprising 7 bedsits (4 doubles and 3 singles) and a one-bedroom flat in the heart of Falmouth. Currently producing a healthy yield with the potential to increase. Can be sold as a going concern. Alternatively, the property could be sold with vacant...
Property Oracle says ..
This property is an 8 bedroom house located on Marlborough Road in Falmouth, Cornwall. The property benefits from being close to Falmouth Town train station which is less than a kilometre away. There are also a number of primary and secondary schools within a kilometre of the property. The property itself is in need of modernisation, however, the property does benefit from having a small rear garden. The property is listed at £460,000 which is below the average price for the area of £563,192. However, given the condition of the property and the small plot size, the price may be slightly inflated.
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
- 6
- Condition
- 4
- Location
- 8
- Land
- 2
- Bedrooms
- 8
- Bathrooms
- 2
- Sqft (est)
- 1,544.51
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
- 377,000.00 £Decreased by 28.95 %
- Est sale value
- 702,752.05 £Increased by 7.31 %
- Average area rental value
- 1,360.00 £/moDecreased by 7.04 %
- Est letting value
- 1,544.51 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.33 %Increased by 30.82 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Falmouth University | Higher Education Institutions | 0.30 KM | |
| King Charles Primary School | Academy Converter | 0.38 KM | |
| Falmouth & Penryn Children'S Centre | Children's Centre | 0.68 KM | |
| Marlborough School | Community School | Requires improvement | 0.95 KM |
| Falmouth Primary Academy | Academy Sponsor Led | Good | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Marlborough Road | £ 510,000 | 0 | 0.00 KM |
| West Place | £ 0 | 0 | 0.00 KM |
| Fountain Ope | £ 0 | 0 | 0.00 KM |
| Woodland Close | £ 0 | 0 | 0.00 KM |
| Fish Strand Quay | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Falmouth Town | 3591 | FMT | 0.86 KM |
| Penmere | 3499 | PNM | 1.25 KM |
| Falmouth Docks | 3508 | FAL | 1.77 KM |
| Penryn (Cornwall) | 3525 | PYN | 4.86 KM |
| Perranwell | 3528 | PRW | 8.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marlborough Road, Falmouth | £ 460,000 | BUY | 5 / 10 | 0.00 KM |
| Falmouth | £ 395,000 | BUY | 5 / 10 | 0.06 KM |
| Marlborough Road, Falmouth | £ 475,000 | BUY | 6 / 10 | 0.12 KM |
| Trelawney Road, Falmouth | £ 410,000 | BUY | Unknown | 0.12 KM |
| 3 Waterloo Place, Falmouth, TR11 | £ 280,000 | BUY | 7 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 80 Marlborough Road | £ 100,000 | 0.00 KM |
| 83 Marlborough Road | £ 116,000 | 0.00 KM |
| 21 Marlborough Road | £ 70,000 | 0.00 KM |
| 28 Marlborough Road | £ 135,000 | 0.00 KM |
| 19 Marlborough Road | £ 395,000 | 0.00 KM |