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Kelley Road, Falmouth TR11

South West

£325,000

Listed on 10/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
926 sqft

Description

This detached bungalow, featuring 2 to 3 bedrooms, is nestled on the sought-after Kelley Road and presents an excellent renovation opportunity. The property benefits from established front and rear gardens, a driveway for parking, and a single garage, all while offering significant potential for future development subject to obtaining necessary permissions. The layout includes an entrance porch leading into a T-shaped hallway, with spacious living areas that capitalize on natural light and views towards the gardens. The living room features a central fireplace and ample space for modern updates. The kitchen comes equipped with hardwood units and space for appliances but could benefit from modernization. Both bedrooms are generously sized, with the addition of a loft space that could serve as a third bedroom or an office. Outside, the gardens require some landscaping but have mature shrubbery providing privacy and charm. This property is offered with no onward chain, making it an ideal project for those looking to invest in enhancing its value.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£351/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£480
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£409,121
10% above area average per sq ft
Potential ROI
+9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR11)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -3.5%
5 year growth: +8.4%
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

Kelley Road, Falmouth TR11
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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

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