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Springfield Road, Falmouth, Cornwall, TR11

South West

£230,000
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
673 sqft

Description

Situated in a desirable area of Falmouth, this two-bedroom semi-detached bungalow presents a promising opportunity for buyers seeking to undertake renovation and modernization. The property is primed for updates, making it ideal for those looking to add value through improvements. Upon entering, you'll find an entrance hall leading to the living spaces. The living room is spacious and features a large front-facing double-glazed window, creating a light-filled atmosphere. A focal fireplace with stone-effect details adds character, while built-in storage provides practical solutions. The kitchen, currently equipped with basic wood-effect units and tiled splashbacks, offers further renovation potential with plenty of natural light from its sizable window overlooking the garden and direct access to the outdoor space. Both bedrooms are generous in size; the primary bedroom looks out onto the rear garden while the second bedroom is versatile enough to serve as a guest room or office space. The current shower room functions as a wet room, but there is scope for reconfiguration to suit personal preferences. Externally, the property boasts ample outdoor space with gardens wrapping around it—ideal for landscaping projects or even potential extensions (subject to planning permissions). With local amenities and transport links close by, this bungalow offers not just a home but an investment opportunity that shouldn’t be missed.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£342/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
£299,673
10% above area average per sq ft
Potential ROI
+17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Springfield Road, Falmouth, Cornwall, 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
£830
Based on a loan of £172,500 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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