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Restronguet, Mylor, Falmouth, Cornwall - Image 1
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Restronguet, Mylor, Falmouth, Cornwall

South West

£1,000,000
Listed on 07/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

Nestled in a tranquil waterside setting, this property spans an impressive 2.5 acres, formerly part of a nursery that offers a unique blend of peace and seclusion. Located just a short distance from the picturesque Pandora Inn and Restronguet Creek, the site boasts significant renovation and investment potential. The approved planning permission allows for the construction of a spacious 448 square meter contemporary dwelling, thoughtfully designed by the renowned Kast Architects. This presents an exceptional opportunity for those looking to create a modern living space in a highly desirable area. With its serene surroundings and proximity to local amenities, this property is not just a retreat but also an investment opportunity in an increasingly sought-after location. The expansive grounds provide ample room for landscaping or other enhancements, making it ideal for those with vision and ambition to develop a unique residential estate.

Investment Analysis

(TR11 area)
Area Average
£401/sq ft
Avg Rent (weekly)
£517
Avg Yield
6.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
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

Restronguet, Mylor, Falmouth, Cornwall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £750,000 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

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