5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Penmere Hill, Falmouth, TR11
£395,000

Price History

Initial price £400,000
03/10/24 £395,000
Price Change -1.25%

Description

This beautifully renovated townhouse in Penmere Hill, Falmouth, offers a fantastic investment opportunity. The property has been carefully developed to provide five letting rooms over three storeys, with a separate communal sitting room and attractive fitted kitchen. The property boasts a lovely south-facing enclosed rear garden with potential parking, subject to consents. The property has been well-maintained and features exposed wood floors, original staircase, and gas-fired central heating. The property is currently let on a new Assured Shorthold Tenancy, generating £2,700 per month, and has the potential for higher future rentals. The location is highly convenient, with easy access to the town and beaches, as well as nearby schools, train station, and amenities.