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Mayfield Road, Falmouth, TR11

South West

£335,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This semi-detached bungalow in the desirable Mayfield Road area of Falmouth offers a unique opportunity for those looking to invest in a property with significant renovation potential. Currently requiring updates, this two-bedroom home features a flexible floor plan that invites creativity for modernisation or expansion, subject to planning approvals. The entrance leads into a spacious hallway accessing both a bright living room with a bay window and an adjoining dining room, ideally suited for conversion into an open-plan kitchen-dining space. Two generous bedrooms provide ample accommodation alongside a family bathroom. The outdoor areas include private gardens and a driveway with parking for multiple vehicles, plus the option to enhance parking further. With double glazing and gas central heating already installed, this residence is positioned just minutes from local amenities including Kimberley Park and transport links. This property represents an exciting canvas for buyers eager to create their ideal home.

Investment Analysis

(TR11 area)
Area Average
£403/sq ft
Avg Rent (weekly)
£533
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Mayfield Road, Falmouth, TR11
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Mortgage Calculator

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£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,187
Based on a loan of £251,250 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.

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