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Pitick Terrace, Flushing, Falmouth

South West

£475,000
Listed on 03/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
967 sqft

Description

This former fisherman's cottage, nestled on the scenic quayside, offers an excellent opportunity for renovation with stunning waterside vistas. The property features two double bedrooms and two reception rooms, providing a versatile layout suitable for modern living. A quaint courtyard garden adds outdoor potential, along with a dedicated parking space and garage, all under freehold tenure. Situated in the charming village of Flushing, known for its strong community spirit and proximity to Falmouth, this home is within easy reach of local amenities such as a pub, shop, and primary school. The cottage spans two floors, with the ground level comprising a welcoming entrance hall that leads to a cozy sitting room complete with a fireplace offering views across the water. Adjacent is a separate dining room perfect for social gatherings, followed by a kitchen equipped with essential units and access to the rear garden. The first floor accommodates two well-sized bedrooms featuring built-in storage solutions and is complemented by a family bathroom and separate W/C. The enclosed courtyard at the back presents an inviting space for relaxation or entertaining after waterfront activities. Additionally, the advantage of owning an outhaul mooring enhances its appeal for boating enthusiasts. While the property is in good condition overall, it offers substantial scope for updates or expansions to maximize its value in this desirable location.

Investment Analysis

(TR11 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£491/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£534
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£429,416
10% above area average per sq ft
Potential ROI
-18.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR11)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -4.9%
5 year growth: +9.4%
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

Pitick Terrace, Flushing, Falmouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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