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Castle View Park, Mawnan Smith, Falmouth, Cornwall TR11

South West

£650,000
Listed on 21/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2077 sqft

Description

This substantial three-bedroom detached property is located in a desirable residential area, just a short walk from the village center. Situated on an expansive corner plot, it boasts both countryside views and glimpses of Falmouth Bay leading to the scenic Roseland Peninsula. The large rear gardens not only provide ample space for outdoor activities but also present significant potential for those interested in gardening or looking to expand the property through an extension or even the addition of a separate dwelling (subject to appropriate planning permissions). Inside, the layout offers a spacious feel with three generously sized bedrooms, a sizable reception room, and a dining room that invites entertaining. The dual-aspect kitchen provides light-filled cooking space, complemented by a family bathroom, breakfast room, cloakroom, and convenient downstairs shower and WC. An adjoining garage adds functional value along with plentiful storage options throughout. While some modernisation is required, this property represents an excellent blank canvas for investors or buyers aiming to create their ideal family home. The expansive outdoor area wraps around the property, offering opportunities for landscaping and off-road parking while leaving room for further development possibilities. Located within the peaceful Castle View Park in Mawnan Smith Village, this home balances tranquil village living with accessibility to essential amenities. The community is welcoming and well-maintained, creating an inviting atmosphere just minutes from village conveniences. Mawnan Smith itself embodies traditional Cornish charm with local amenities such as a village shop, popular pub, tea room, church, and a vibrant community hall hosting regular events. Families will appreciate access to well-regarded pre- and primary schools valued by residents. Outdoor enthusiasts will find exceptional woodland paths, country trails, and coastal walks nearby along the beautiful Helford River. With picturesque beaches like Porth Saxon, Grebe Beach, and Maenporth just a short walk away, you can enjoy serene spots along the iconic Cornish coastline. Additionally, Falmouth’s bustling harbor town is only four miles away, offering an extensive selection of shops, restaurants, cultural attractions, and mainline rail links. This property not only promises rural tranquility but also presents an attractive investment opportunity in a sought-after location with strong community ties and convenient connectivity.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -23.1% below area average per sq ft

-23.1%
Potential saving
This Property
£313/sq ft
Area Average
£407/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£929,759
10% above area average per sq ft
Potential ROI
+14.4%
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

Castle View Park, Mawnan Smith, Falmouth, Cornwall TR11
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