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2 Bed Flat, Single Let, Falmouth, TR11 3BB £125,000

Wellington Gardens, Falmouth, Cornwall, TR11 3BB - 4 months ago
  1. Deal Search
  2. Falmouth
  3. TR11
  4. TR11 3BB
Auction
BTL
ROI: 4%
~68 m²

ValuationUndervalued

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Links

  • More Deals in Falmouth
  • More Deals in TR11
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  • More Single Let Deals in Falmouth
  • More Single Let Deals in TR11

Property History

Price changed to £125,000

September 16, 2025

Listed for £150,000

August 22, 2025

Floor Plans

Description

  • Ground floor apartment +
  • Two double bedrooms, master en-suite +
  • Designated off-road parking space +
  • Please read the agent's notes below regarding the findings and proposed remedial works for the development. +

Situated in the highly sought-after Wellington Gardens, this well-presented two-bedroom ground floor apartment offers modern living in a convenient and desirable location.

Property Description
The apartment features a bright and spacious living area, complemented by a private balcony that provides an ideal space for outdoor dining or relaxing. The kitchen is well-equipped, while both bedrooms are generously proportioned, with the main bedroom benefiting from an en-suite. A modern bathroom completes the accommodation.

Outside
The property has a designated parking space on the drive at the front of the property. The apartment has a balcony at the rear.

Location
Just a short stroll from the town centre and harbourside. Residents benefit from easy access to an excellent range of cafés, restaurants, independent shops, and everyday amenities, as well as good transport links including nearby bus and train services. The area is also within walking distance of beautiful beaches, the marina, and Falmouth University’s Woodlane Campus. With its blend of coastal charm and convenience, Wellington Gardens offers an ideal base for enjoying everything this vibrant Cornish town has to offer.

Agent Note:
A structural survey has identified water damage (within the last 4 years) to the timber frame at the garden and lower ground levels. Flat 13 is unaffected and no intrusive works are required internally. Essential remedial works have been planned (tendered, with works due to commence Autumn 2025) including:
- Propping of garden levels and replacement of timber frame with blockwork.
- Replacement of damaged timber at lower ground levels.
- Upgraded drainage systems, ACO drains, and downpipes.
- Installation of underground pump system.
- Construction of a low wall with aluminium capping, redirecting roof downpipes into new drains.

There is a cost to all flats of Wellington Garden:

Estimated cost to Flat 13 for works (including VAT): £47,000.

Additionally, external redecoration and rendering repairs are required across the development.
Estimated cost to Flat 13 (including VAT): £8,200.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Miller Countrywide, Falmouth

01326 332064

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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