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Bar Road, Falmouth, Cornwall TR11 - Image 1
Bar Road, Falmouth, Cornwall TR11 - Image 2
Bar Road, Falmouth, Cornwall TR11 - Image 3

Bar Road, Falmouth, Cornwall TR11

South West

£220,000
Listed on 17/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is a noteworthy development site in Falmouth, presenting an excellent investment opportunity with extant planning permission for the construction of four one-bedroom houses complete with designated parking. The necessary permissions have been secured (Planning Ref: 8700739 from August 1987 and Certificate of Lawfulness Ref: CP02/0272/07/R, issued in April 2007), ensuring a streamlined process for potential developers. Located a short distance from Bar Road, this plot is ideally situated near Falmouth's beautiful beaches and offers easy access to the lively town centre filled with shops, cafés, and scenic waterfront views. With prior groundwork already established including architectural plans, building regulations, engineering considerations, and party wall agreements, this site stands ready for a bespoke residential project. It offers substantial potential for profit in a desirable area.

Investment Analysis

(TR11 area)
Area Average
£403/sq ft
Avg Rent (weekly)
£533
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
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
10%
Properties sold annually

Local Market Trend (TR11)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +13.9%
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

Bar Road, Falmouth, Cornwall TR11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£779
Based on a loan of £165,000 over 30 years at 3.91% 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

This calculation uses non-residential (land/commercial) tax rates.

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