This mixed-use freehold property presents an interesting opportunity for investors and renovators alike. Comprising a duplex apartment and a ground-floor commercial unit, both housed within a Grade II Listed building in the heart of Falmouth, this asset offers significant potential for enhancement. The residential space spans nearly 2,000 sqft and requires modernisation, making it an ideal candidate for refurbishment to increase its rental value. The first floor features an entrance hallway, living areas, kitchen, and WC, while the second floor includes five bedrooms along with loft access via a bedroom. With the ground floor shop secured by a long-term lease until 2040, generating £18,750 per annum in rent, this property not only promises immediate income but also provides ample scope for value-add renovations on the residential side, estimated to yield around £12,000 annually once updated. Overall, this investment stands out due to the blend of steady cash flow and the potential to unlock greater returns through strategic renovations.
