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Mongleath Avenue, Falmouth TR11 - Image 1
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Mongleath Avenue, Falmouth TR11

South West

£345,000
Listed on 27/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
893 sqft

Description

This semi-detached family home, built in the 1960s by Gray Connolly, sits on a generous plot within the sought-after Mongleath Avenue. With three bedrooms, this property presents a significant opportunity for renovation and potential expansion, making it an appealing choice for those looking to invest in real estate or tailor a home to their specific needs. The ground floor offers a practical layout that includes an entrance hallway leading to a living room filled with natural light thanks to its large front-facing window, offering distant views towards Falmouth Bay. The adjacent dining room features patio doors that open onto the garden, creating seamless indoor-outdoor access. The kitchen is functional with existing cabinetry and offers ample potential for modernization. Additionally, the ground floor comprises a utility room equipped with essential facilities and a separate shower room/WC. Upstairs, you'll find three bedrooms, each benefiting from natural light and varying views of the surrounding area. The family bathroom provides the basic amenities needed but could easily be updated to reflect contemporary styling. Outside, the property includes a driveway capable of accommodating at least three vehicles and boasts further potential for additional parking space within the front garden if desired. The private rear garden faces west, ideal for afternoon sunlight and relaxation. Currently laid out primarily as lawn with established flower beds and a terrace area for outdoor seating, this space holds promise for landscaping enhancements or even an extension (subject to planning). Located in Boslowick on the outskirts of Falmouth, this home is conveniently situated near local shops, primary schools, and Penmere railway station. Moreover, Swanpool Beach and nature reserve are within walking distance, providing excellent recreational opportunities. Offered with no onward chain, this property is ready for new owners who envision its full potential through thoughtful renovation or investment strategies. A viewing is highly encouraged to explore both its current offerings and future possibilities.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£386/sq ft
Area Average
£407/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£34,500 - £86,250
10-25% of property value
Target Value
£399,747
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Monthly Sales
33
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR11)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.3%
5 year growth: 26.5%
Investment Disclaimer: Analysis based on TR11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Mongleath Avenue, Falmouth TR11
Map showing location of Mongleath Avenue, Falmouth TR11
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