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Falmouth

South West

£275,000
Listed on 20/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
883 sqft

Description

This two-bedroom terraced property is conveniently located just a short walk from Swanpool Beach and in close proximity to the highly regarded Marlborough primary school. While currently in need of a comprehensive updating and modernization, it presents an excellent investment opportunity for buyers looking to create their ideal family home. The ground floor features an entrance hallway leading to a dual aspect living room with patio doors that open onto a south-easterly facing garden, enhancing natural light throughout. The kitchen/breakfast room is functional but requires refurbishment, offering basic amenities and the potential for a modern culinary space. Additionally, there is a utility/store room and a flexible study/occasional third bedroom. Upstairs are two generously sized bedrooms along with a family bathroom that also requires updating. The enclosed rear garden boasts both lawn and patio areas, perfect for outdoor relaxation or entertainment. With the beach nearby and town amenities easily accessible, this property with no onward chain is ripe for renovation, allowing new owners to inject their personal touch and enhance its value.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£311/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£517
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£389,054
10% above area average per sq ft
Potential ROI
+23.5%
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

Falmouth
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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
£1,007
Based on a loan of £206,250 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.

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