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Messack Close, Falmouth, TR11

South West

£300,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
606 sqft

Description

This semi-detached bungalow, built in the early 1970s, presents a unique opportunity for renovation and investment. While it has been well-maintained over the years, with upgrades such as a modern shower room and an electric roller door on the garage, there remains ample scope to enhance its appeal further. The property boasts bright interiors and spacious rooms, including a dual-aspect kitchen that features a gas range cooker and offers potential for an open plan layout with the sitting/dining room — a popular modification seen in similar local properties. The sitting/dining area is generous and bright, characterized by a large picture window with views towards Penmere, creating an inviting social space. The two double bedrooms provide comfort, especially the principal bedroom with its fitted wardrobes and vistas of the southerly-oriented rear garden. Outside, the extensive plot comprises a lawned garden and patio area perfect for outdoor living or future landscaping projects. Additionally, there is potential for loft conversion to increase living space (subject to necessary permissions), adding further value to this appealing investment. Located on a quiet residential road near Falmouth's amenities and transport links, this property offers not just comfort but also significant potential for capital growth.

Investment Analysis

(TR11 area)

Above Market Value

This property is priced +22.7% above area average per sq ft

+22.7%
This Property
£495/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£544
Avg Yield
7.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£268,973
10% above area average per sq ft
Potential ROI
-19.7%
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

Messack Close, 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
£1,082
Based on a loan of £225,000 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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