# 2 bedroom flat for rent (TR11 4AZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 2 AVENUE ROAD, FALMOUTH, CORNWALL TR11 4AZ |
| Price | £900 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £235,000 Mar 2024 |

## Description

Zero Deposit available

This stunning flat is located in the heart of Falmouth, only seconds away from Gylly beach.

The accomodation compromises of two double bedrooms fitted with an ensuite each and a large open plan living area and kitchen fitted with a built in fridge and freezer. The property offers an incredible amount of storage throughout and also benefits of allocated off-road parking.

Viewings are recommended asap!

## Property Photos

- ![Photo](/listings/photos/88989452/290690)
- ![Photo](/listings/photos/88989452/290691)
- ![Photo](/listings/photos/88989452/290692)
- ![Photo](/listings/photos/88989452/290693)
- ![Photo](/listings/photos/88989452/290694)
- ![Photo](/listings/photos/88989452/290695)
- ![Photo](/listings/photos/88989452/290696)

## EPC Graphs

- ![EPC 1](/listings/photos/88989452/290697) - EPC 1

## Rental Range

*ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £902/mo
- **Realistic:** £1,002/mo
- **Optimistic:** £1,102/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Challenger Quay, TR11 | £1,700/mo | 2 | 0.34 miles | OpenRent |

**Average rent: £1,700/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,700/mo).*

- **Gross yield:** 2266.7%
- **Monthly cashflow:** £1,501/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6903.2%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)