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Market Strand, Falmouth, TR11

South West

£200,000
Listed on 05/01/2026

Property Details

Bedrooms
2
Type
Apartment
Area
914 sqft

Description

Located in a historically significant building in the heart of Falmouth, this two-bedroom apartment presents an excellent opportunity for transformation and investment. Characterized by its spacious open-plan living area that is bathed in natural light from the expansive original windows, this space is primed for modernization. The layout offers flexibility, allowing prospective buyers to reimagine the design to suit contemporary tastes. Both bedrooms are generously sized, providing ample potential to enhance their appeal. Outside, an allocated parking space adds to the convenience of urban living, particularly in this vibrant and pedestrian-friendly locale surrounded by shops, cafes, and cultural venues. While the apartment requires updating, it stands as a blank canvas with significant scope for value addition through thoughtful refurbishment—ideal for those looking to capitalize on Falmouth's thriving market.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -45.7% below area average per sq ft

-45.7%
Potential saving
This Property
£219/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£533
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£404,875
10% above area average per sq ft
Potential ROI
+76.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR11)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +13.9%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £150,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-16.7% since listed
£200,000£40,000(-16.7%)
03/04/2026
Current price
£240,000Initial listing
07/01/2026

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