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Falmouth

South West

£325,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
926 sqft

Description

This detached bungalow offers a unique chance for renovation enthusiasts or investors looking to enhance a property in a sought-after location. With 2 to 3 bedrooms and both front and rear gardens, this home presents ample opportunity for future development subject to the necessary permissions. The property is currently vacant with no onward chain, making it ready for immediate transformation. Upon entering, you are greeted by an entrance porch leading to a T-shaped hallway that connects all rooms in the house. The living room features large windows providing natural light and views of the greenery outside, complete with a central fireplace that could be revitalized for modern use. The kitchen has hardwood units, electric appliances, and potential space for further upgrades or an open-plan design. Two well-sized bedrooms provide comfortable living spaces, while the converted loft area offers potential as a third bedroom or office. The conservatory adds extra living space with views over the private rear garden. Externally, the property boasts driveway parking and an attached single garage for additional storage or conversion possibilities. Both gardens feature established greenery that can be refined into lovely outdoor spaces. This bungalow is not just a home but a canvas for creativity and investment.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£351/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£534
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£411,209
10% above area average per sq ft
Potential ROI
+12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

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
£1,159
Based on a loan of £243,750 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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