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8 bed house for sale Killigrew Street, Falmouth, TR11

Asking price

£450,000

Added on 26/10/2026

Type: House
Bedrooms: 8
Size: £199 per sq ft
Tenure: Freehold

Council tax Band E

Key features

Tenure: Freehold
Established Eight-Bedroom Student HMO Investment
11.2% Gross Rental Yield (12.96% Including Utilities)
Four En-Suite Bedrooms and Two Additional Shower Rooms
Spacious Open-Plan Kitchen, Lounge and Dining Area
Accommodation Arranged Over Four Floors
Central Falmouth Location Close to Town and University Facilities
Transport Links to Penryn Uni Campus
Potential to improve investment return
Enclosed, Low-Maintenance Rear Courtyard Garden
Local Authority: CORNWALL COUNCIL
Council Tax Band: E
Water Supply: Direct Main Waters
Electricity Supply: National Grid
Sewerage: Standard
Heating Supply: Gas Central
Construction Materials: Stone Built
Roof Material: Slate Tiles
Is Roof Renovated: 1
Is Loft Boarded: No
Outside Space: Type - Garden
Outside Space: Description - OUTSIDE To The Rear, The Property Benefits From An Enclosed, Paved Courtyard Garden Providing A Private, Low-Maintenance Outdoor Space For Tenants. Accessible From The Lower-Ground-Floor Communal Accommodation, The Courtyard Offers A Useful Extension To The Shared Living Space, Ideal For Relaxing Outdoors During The Warmer Months. The Garden Enjoys A Westerly Aspect And Also Benefits From Pedestrian Access Onto Brook Place.
All Others: Ask Agent

About this property

THE PROPERTY

Engleton represents an exciting opportunity to acquire a beautiful, substantial Victorian-era stone-built townhouse in a highly convenient central Falmouth location. Retaining the character and charm associated with its period, the property has been in the same ownership since 2003 and has operated successfully as a student house of multiple occupation (HMO) for many years. Currently arranged as an established eight-bedroom HMO, the property offers an attractive investment opportunity, generating an established annual rental income with potential to enhance future returns.

Floorplan

Council tax

Band E

Property timeline

Listed

October 2026 £450,000

8 beds · this listing

Past sales can't be shown: the agent hasn't given the house number.

Location

Killigrew Street, Falmouth, TR11

Open map Street View

Mortgage and stamp duty

Property price £450,000

£225k £675k

Deposit10% £45,000

£0 £450k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £405,000 mortgage. Most lenders would want a household income of about £90,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.