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Trefusis Road, Flushing, Falmouth TR11

South West

£825,000
Listed on 11/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
2877 sqft

Description

This substantial Grade II Listed property presents a unique opportunity for renovation and investment, boasting direct water frontage in a desirable central location along one of Flushing’s esteemed terraces. With nearly 3,000 square feet of living space, the residence is among the largest in this prestigious row, offering significant potential for transformation. Entering the home, you are greeted by a sheltered entrance featuring quarry tiled flooring that leads to an inviting reception hall. This area showcases period details such as picture rails and wall paneling. From here, the inner hall provides access to various rooms, including a spacious living room with large windows that flood the space with natural light and a charming brick fireplace equipped with a glass-fronted log burner. The kitchen and breakfast room features an abundance of fitted cabinetry, complemented by exposed brick accents. This space includes modern amenities while still allowing for updates to suit contemporary tastes. Adjacent is a sun lounge that benefits from double glazing and panoramic views across the harbor to Falmouth and beyond. On the ground floor, there is also a workshop area known as "the Green Room," which could serve multiple purposes after renovations. A conveniently located shower room rounds out this level. The first floor landing opens up to three well-proportioned bedrooms, each offering picturesque views of Falmouth's outer harbor. The main bedroom includes an en-suite bathroom that requires refurbishment but holds promise for modernization. Notably, there is an expansive loft area above, presenting further development possibilities subject to necessary consent. Externally, the property boasts an impressive south-west facing terrace that provides stunning vistas of the surrounding waterfront and easy access to the foreshore below. This outdoor space could be enhanced significantly during renovations to create an exceptional entertaining area or private retreat. While this home requires complete renovation throughout, its prime location near local amenities and breathtaking views makes it an attractive proposition for investors or those looking to create their dream residence. Mains services are connected, including electricity, water, and drainage; electric heating is currently in place. This property’s combination of size, location, and potential make it a compelling investment opportunity within one of Cornwall’s most picturesque settings.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£287/sq ft
Area Average
£407/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£82,500 - £206,250
10-25% of property value
Target Value
£1,287,875
10% above area average per sq ft
Potential ROI
+24.9%
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

Trefusis Road, Flushing, Falmouth TR11
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