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Falmouth

South West

£150,000
Listed on 07/11/2025

Property Details

Bedrooms
1
Type
Flat
Area
813 sqft

Description

This one-bedroom apartment occupies a desirable first-floor position on a prominent corner at the junction of Marlborough Road and Trelawney Road, just a short walk from university campuses, local amenities, and Falmouth's vibrant town centre. Previously part of a larger town house conversion, this property is sold chain-free, presenting an appealing opportunity for renovation. While the apartment boasts existing features such as gas central heating (not tested), UPVC double-glazed windows in certain areas, and some charming period details, it requires modernisation to maximize its potential. New owners can tailor the space to fit their style and preferences, making it ideal for both first-time buyers and investors. The well-proportioned layout includes an entrance vestibule leading up to a landing that connects to a bright living/dining room with dual aspect views, a functional galley kitchen, a comfortable double bedroom with built-in storage, and a shower room/wc combination. Additionally, there is potential to utilise the attic space for further enhancement. With Falmouth's bustling centre nearby—featuring diverse shopping options, restaurants, art galleries, and access to water sports facilities—this property not only offers a place to live but also represents an investment opportunity in an area known for its cultural vibrancy and strong community atmosphere.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -54.4% below area average per sq ft

-54.4%
Potential saving
This Property
£185/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£538
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£362,013
10% above area average per sq ft
Potential ROI
+106.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (TR11)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +1.5%
5 year growth: +17.4%
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

Falmouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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.

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