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Nr Falmouth, South Cornwall

South West

£4,500,000
Listed on 14/03/2025

Property Details

Bedrooms
6
Type
Detached house
Area
10847 sqft

Description

Nestled in the serene countryside south of Falmouth, this substantial property presents a unique opportunity for those interested in renovation and investment potential. With six bedrooms, the estate's historic charm combines with substantial space to offer diverse possibilities for customization or redevelopment. The residence is set against the picturesque backdrop of the Helford River, an area celebrated for its natural beauty and community-oriented lifestyle. The surrounding villages—Mawnan Smith, Constantine, Port Navas, and Helford Passage—are rich in amenities and local character, providing residents with access to quaint shops, eateries, and recreational activities including sailing at nearby yacht clubs. Dating back to at least 1260, the house showcases an intriguing architectural evolution that spans several centuries. It features a mix of styles from various periods, including a granite farmhouse built in the 16th century and later Georgian enhancements. Inside, there are generous living spaces filled with original details like grand sash windows and historic fireplaces. The layout includes an inviting garden room and a versatile space currently serving as a self-contained apartment that could seamlessly integrate back into the main structure. Beyond its residential appeal, this estate boasts significant landholding potential. The extensive grounds encompass over 120 acres of rolling pasture and woodland—ideal for agricultural endeavors or private enjoyment. There are existing structures on-site that lend themselves to further development opportunities; for instance, a glasshouse requiring renovation could be repurposed with the right planning approvals, while a derelict bungalow already has permission for rebuilding into a modern four-bedroom home. The gardens are a highlight of the property; they have been cultivated over many years and are known locally for their diversity and beauty. This enchanting outdoor space not only adds aesthetic value but also offers potential for those interested in horticulture or landscape design. Located within easy reach of local amenities and major transport links—including Falmouth’s beaches and Truro’s schools—this estate represents a rare chance to invest in both historical significance and modern living accommodation. Its combination of historical richness, expansive grounds, and location makes it an exceptional canvas for visionary homeowners or investors looking to create something distinctive in this desirable part of Cornwall.

Investment Analysis

(TR11 area)

Above Market Value

This property is priced +1.9% above area average per sq ft

+1.9%
This Property
£415/sq ft
Area Average
£407/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£450,000 - £1,125,000
10-25% of property value
Target Value
£4,855,605
10% above area average per sq ft
Potential ROI
-13.7%
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

Nr Falmouth, South Cornwall
Map showing location of Nr Falmouth, South Cornwall
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