3 bed terraced house for sale

Vernon Place, Falmouth TR11

Summary

Exceptional Investment Opportunity - Prime 3-Bedroom Terraced Home in Sought-After Falmouth

Set in one of Falmouth's most fashionable and desirable streets, this three-bedroom, one-bathroom terraced property offers a rare combination of location, charm, and huge potential. With the vibrant town centre, harbour, beaches, and an array of independent shops and restaurants just a short stroll away, this is a location that is always in high demand.

The property enjoys sensational far-reaching views and benefits from a private garden a real asset in this part of town. Steeped in history and held by the same family for many years, it retains a unique character and a sense of place that is increasingly hard to find.

While the home is in need of modernisation throughout, and the extension requires attention due to structural issues, this only adds to its appeal as a true blank canvas. For the right buyer, there is clear scope to reimagine and transform the space whether through a sensitive restoration that preserves its heritage charm, or a bold redesign that maximises light, views, and modern living.

This is more than just a renovation project; it's an outstanding investment prospect. Properties in this location, once refurbished, consistently command premium prices and enjoy strong rental demand. Whether your goal is to create a beautiful family home, a high-yield holiday let, or a long-term investment, this property has all the fundamentals in place to deliver exceptional returns.

Opportunities of this calibre, in this street, rarely come to market. Early viewing is strongly recommended to fully appreciate the potential and to secure what could be one of Falmouth's most rewarding property transformations.

Council Tax Band: C
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.