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6 Bed HMO, Falmouth, TR11 2TY £420,000

Pengarth Road, Falmouth, TR11 2TY - 1 views - 2 months ago
  1. Deal Search
  2. Falmouth
  3. TR11
  4. TR11 2TY
Sold STC
HMO
Inside Article 4
ROI: 7%
~116 m²

ValuationOvervalued

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Links

  • More Deals in Falmouth
  • More Deals in TR11
  • More HMO Deals
  • More HMO Deals in Falmouth
  • More HMO Deals in TR11

Property History

Listed for £420,000

October 10, 2025

Sold for £260,000

2016

Sold for £52,500

1997

Floor Plans

Description

  • Attention Investors - 10% gross yield - instant income +
  • Currently a successful student let +
  • Furniture & appliances included - ideal for a student let +
  • 5 occupied double bedrooms +
  • Modern kitchen / diner +
  • Gas Central heating & double glazing +
  • Driveway parking for 2 vehicles +
  • Enclosed rear garden +
  • Great location for town, train station, beaches and Woodlane Campus +

An exceptional opportunity to acquire a well-presented, fully licensed 5-bedroom HMO currently let to students and generating a strong 10% gross yield. This modern semi-detached property is being sold as a going concern, offering immediate rental income from day one. Managed by Lang Llewellyn & Co, this property is a standout within our larger portfolio of student lets and is ideally located for access to the town centre, train station, Woodlane Campus, and local beaches — making it highly attractive to student tenants. Key Features:

  • Five Double Bedrooms (one with en-suite)

  • Modern Kitchen/Dining Area with integrated appliances

  • Utility Room

  • Spacious Lounge and bright interiors throughout

  • Two Ground Floor Bedrooms (originally one large lounge – easily reconfigurable)

  • Driveway Parking for two vehicles

  • Gas Central Heating & Double Glazing

  • Enclosed Rear Garden with patio and lawn

  • EPC Rating: C

Accommodation Overview:

  • Ground Floor: Entrance hallway, spacious lounge, modern kitchen/diner with garden access, two double bedrooms (one with garden access). Utility room.

  • First Floor: Three further bedrooms (including one en-suite), family bathroom, and a sixth room currently used as a study/store.

Investment Highlights:

  • Fully Let Until 30th June 2026

  • Managed Tenancy – seamless handover with professional management in place

  • Instant Income – no void period

  • Flexible Layout – potential to revert to a 3/4 bed family home if desired

Utilities & Compliance:

  • Mains gas, water, and electricity

  • Gas central heating

  • HMO license in place

  • Fully compliant with current safety regulations

This is a rare opportunity to secure a high-performing investment property in a sought-after student location. Early viewing is highly recommended. Agents Notes:

  • This property is currently let to a group of 5 students who are in residence until at least 30th June 2026.

  • The student Tenancy is managed by the selling agent (Lang Llewellyn & Co).

  • The purchaser can benefit from instant income upon completion of the purchase.

  • EPC Rating: C.

  • Utilities: Mains water, electric and gas.

  • Heating: Gas Central Heating.

  • The two ground floor bedrooms were originally used as one large lounge area. There is currently a portion wall between these room which could be removed to allow the property to be returned to a 3/4 bedroom house with a large lounge. The current lounge area could then be used as a dining room.

EPC Rating: C

Agent Details

Lang Llewellyn & Co, Falmouth

01326 332039

Next Steps?

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

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