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Falmouth

South West

£625,000
Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1485 sqft

Description

This generously sized four-bedroom detached home presents a prime opportunity for renovation and investment. Designed in the 1920s by the notable architect Alfred Cornelius, the residence boasts numerous original features that echo its historical significance, including spacious living areas with period details. Formerly linked to the Churchill family during World War II, its expansive gardens still retain a unique air raid shelter from that era. With essential amenities and recreational facilities within walking distance, this property is well-positioned for both residential comfort and potential rental appeal. The interior includes a porch, an entrance hallway leading to both living and dining rooms, a kitchen with an oil-fired Rayburn, and four bedrooms upstairs, complemented by ample outdoor space of over 100 feet in length featuring mature shrubs and trees. Overall, this property holds significant renovation potential to enhance its charm while modernizing its facilities.

Investment Analysis

(TR11 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£421/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£544
Avg Yield
7.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£659,117
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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
£2,254
Based on a loan of £468,750 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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