Worst House on the Street Logo
Swanpool, Falmouth, TR11 - Image 1
Swanpool, Falmouth, TR11 - Image 2
Swanpool, Falmouth, TR11 - Image 3
Swanpool, Falmouth, TR11 - Image 4
Swanpool, Falmouth, TR11 - Image 5
Swanpool, Falmouth, TR11 - Image 6
Swanpool, Falmouth, TR11 - Image 7
Swanpool, Falmouth, TR11 - Image 8
Swanpool, Falmouth, TR11 - Image 9
Swanpool, Falmouth, TR11 - Image 10
Swanpool, Falmouth, TR11 - Image 11

Swanpool, Falmouth, TR11

South West

£1,450,000
Listed on 28/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3285 sqft

Description

This property, known as 'Lakeside', was originally built by a notable local builder as their primary residence, offering potential to revert back into a single family home with some minor adjustments. Currently configured as five apartments, four of which are actively generating income through holiday rentals, this setup could provide an immediate return on investment. The property is positioned adjacent to Swanpool lake and nature reserve, making it an appealing location for tourists seeking nearby beach access and outdoor activities. Recent renovations have elevated the standard of these apartments, making them attractive to prospective buyers who may wish to continue operating them as holiday lets or return them to a larger single dwelling with the potential for additional annex space or letting units in the future. The expansive grounds surrounding the property not only provide privacy and beautiful views but also offer possible development opportunities, subject to planning permissions. Each apartment is well-equipped and tastefully finished, catering perfectly to couples seeking a tranquil getaway while maintaining proximity to Falmouth's vibrant dining and retail options. This combination of location, condition, and versatility positions 'Lakeside' as a promising investment opportunity.

Investment Analysis

(TR11 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£441/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£517
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,447,387
10% above area average per sq ft
Potential ROI
-14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR11)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -1.0%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on TR11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Swanpool, Falmouth, TR11
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,312
Based on a loan of £1,087,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE