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Wellington Gardens, Falmouth, Cornwall, TR11

South West

£50,000
Listed on 15/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom apartment in the desirable Wellington Gardens offers a unique opportunity for investors and renovators alike, with potential for enhancement in a prime location. Positioned below ground level, the space features an open-plan living and kitchen area that is bright and spacious, leading to a private balcony perfect for outdoor relaxation. The generously sized bedroom and bathroom provide a solid foundation for modernization. Importantly, there are significant structural improvements planned to address water damage identified in a recent survey. These essential works include replacing timber frames with block work, upgrading drainage systems, and installing an underground pump system - all of which signify the property's investment potential. The shared woodland garden enhances the overall appeal of the property while being conveniently located near local amenities, transport links, beaches, and Falmouth University’s campus. Although some external redecoration is also needed across the development, this apartment represents an excellent chance to create a modern living space in Falmouth's vibrant setting.

Investment Analysis

(TR11 area)
Area Average
£404/sq ft
Avg Rent (weekly)
£534
Avg Yield
6.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£53,000 - £70,000
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

Wellington Gardens, Falmouth, Cornwall, TR11
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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
£178
Based on a loan of £37,500 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.

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