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Falmouth

South West

£260,000
Listed on 06/03/2026

Property Details

Bedrooms
1
Type
Detached house
Area
516 sqft

Description

This is a rare chance to acquire a one-bedroom single-storey home located at the summit of Beacon Street in Falmouth, offering expansive views over the harbour toward Flushing and The Roseland peninsula. The property is in need of comprehensive renovation and presents significant redevelopment potential, subject to securing planning permission. Currently, the layout consists of a kitchen, living room, and double bedroom with an en-suite bathroom. Accessed through timber double gates leading to a driveway with parking for one vehicle, the property features a courtyard garden enhanced by raised flower beds and a paved seating area designed to take full advantage of its scenic views. Just a short walk down 'The Old High Street' lies Falmouth's bustling town centre, replete with independent shops, cafés, and eateries. Inside, the kitchen includes eye-level and base units along with essential appliances like an electric oven and hob, while the living room benefits from generous natural light through double-glazed windows. The utility room provides additional space for laundry appliances. The spacious bedroom features period details such as picture rails and leads to an en-suite bathroom equipped with both a corner bath and shower. The courtyard garden not only offers outdoor space for relaxation but also presents further opportunities for landscaping improvements. Prospective buyers should keep in mind that 'Blue Harbour' requires total renovation, making this a prime investment opportunity for those willing to undertake the necessary work.

Investment Analysis

(TR11 area)

Above Market Value

This property is priced +24.9% above area average per sq ft

+24.9%
This Property
£504/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£544
Avg Yield
7.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£229,027
10% above area average per sq ft
Potential ROI
-32.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (TR11)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +1.1%
5 year growth: +16.8%
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
£938
Based on a loan of £195,000 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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