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Market Strand, Falmouth, TR11

South West

£240,000
Listed on 07/01/2026

Property Details

Bedrooms
2
Type
Flat
Area
914 sqft

Description

Nestled within a distinguished landmark building in the heart of Falmouth, this two-bedroom apartment presents a compelling opportunity for renovation and investment. The expansive open-plan living, dining, and kitchen area benefits from large original windows, flooding the space with natural light and offering a sense of airiness. While it currently requires modernisation, the generous proportions and thoughtful layout provide an ideal foundation for a contemporary upgrade that can significantly enhance its value. Both bedrooms offer ample space and are bathed in light, further elevating the apartment's appeal. Outside, an allocated parking space is included—an invaluable asset in this vibrant and pedestrian-friendly area known for its boutiques, cafés, and cultural offerings. This property not only allows you to create your own living space but also stands as a promising investment opportunity in a sought-after location.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£263/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£538
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£406,986
10% above area average per sq ft
Potential ROI
+42.8%
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

Market Strand, Falmouth, TR11
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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
£866
Based on a loan of £180,000 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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