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Falmouth

South West

£325,000

Listed on 02/07/2026

Property details

Bedrooms
5
Type
Bungalow

Description

This detached four to five-bedroom dormer bungalow presents a unique opportunity for renovation and investment. Nestled within its own grounds, the property features a garage, gardens, and ample parking space, making it an attractive residence on the outskirts of Falmouth. The property has been in the same family for around fifty years and is now ready for a fresh lease on life. Significant updating is required throughout to restore its condition and enhance its appeal. The layout includes bedrooms spread across both floors, which could cater well to families or those looking for a retirement option. Key features include UPVC double glazing and gas central heating, while the overall accommodation consists of reception areas, a kitchen with breakfast room, multiple bedrooms including one en-suite, and a spacious living/dining room. Outside, you will find extensive overgrown gardens that require cultivation but hold potential for beautiful landscaping. The location is well-regarded with easy access to local amenities including schools and recreational facilities, alongside nearby coastal attractions perfect for outdoor enthusiasts. Given its size and the considerable work needed, this property represents an exceptional chance for those looking to invest in a project that can be transformed into a desirable home.

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Investment analysis

(TR11 area)
Area Average
£404/sq ft
Avg Rent (weekly)
£408
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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
8%
Properties sold annually

Local Market Trend (TR11)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -2.9%
5 year growth: +6.2%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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

Next Steps

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