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Falmouth TR11

South West

£250,000
Listed on 08/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
882 sqft

Description

This semi-detached three-bedroom house presents a significant opportunity for renovation and investment. While the property offers a spacious layout with two reception rooms, it requires modernization and redecorating throughout, making it an ideal canvas for those looking to create their dream home or enhance its rental potential. The house features a welcoming entrance hall with access to a 15'4" living room that includes a traditional fireplace, as well as a basic kitchen equipped with wall and base units. Adjacent to the kitchen is a dining room with views over the garden, offering pleasant natural light. A practical workshop/storage room is located on the ground floor, along with a convenient WC. Upstairs, you will find three well-proportioned bedrooms and a shower room. Each bedroom boasts generous dimensions and the potential for reconfiguration or upgrades. The front and rear gardens provide outdoor space that can be further landscaped to increase appeal. Situated in a cul-de-sac within Pellew Road, this property enjoys the benefits of a quieter residential area while remaining close to local amenities. The town center, schools, and marina are easily accessible, along with beautiful beaches like Castle Beach and Gyllyngvase Beach that foster an active lifestyle. The proximity to sailing clubs and activity centers enhances its attractiveness for those interested in water-based pursuits. With its ample space and prime location, this property has excellent investment potential for both residential living or as a rental unit in a sought-after area. An internal viewing is recommended to truly appreciate the layout and possibilities this home has to offer.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -30.3% below area average per sq ft

-30.3%
Potential saving
This Property
£283/sq ft
Area Average
£407/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£394,823
10% above area average per sq ft
Potential ROI
+26.3%
After renovation
Monthly Sales
33
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR11)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.3%
5 year growth: 26.5%
Investment Disclaimer: Analysis based on TR11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Falmouth TR11
Map showing location of Falmouth TR11
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