Conversion Opportunity, 29-30 Market Street, Falmouth
MI

Conversion Opportunity, 29-30 Market Street, Falmouth

By Miller Commercial

£ 1,000,000

Reviews

2 out of 5 stars

Miller Commercial says ..

The building is mid terraced three storey building with large basement under a pitch tile roof, with the rear section two storey with two elements of flat roof. The shopfront is cuurently slightly set back from the pavement and consists of a mix of glazing and hard frontage. To the rear, the propert

Property Oracle says ..

This property is a conversion opportunity located on Market Street in Falmouth, Cornwall. The listing price is £1,000,000 for a 6,264.60 sqft building. The average price for properties in the area is £563,192, with an average price per sqft of £479. The property is situated in a central location with proximity to transportation links (Falmouth Town station is 0.87km away), schools (Falmouth University is 0.72km away), and other amenities. While the provided images show the property is currently in need of significant renovation, its prime location and substantial size could potentially justify the high asking price upon completion of the conversion. However, the lack of plot size and the absence of information regarding the specific nature of the conversion plans makes a definitive assessment of the price challenging. More information is needed to accurately assess the value for money.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
3
Location
9
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
6,264.60

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
377,000.00 £
Decreased by 28.95 %
from 530,594.00 £
Est sale value
2,850,393.00 £
Increased by 7.31 %
from 2,656,190.40 £
Average area rental value
1,360.00 £/mo
Decreased by 7.04 %
from 1,463.00 £/mo
Est letting value
6,264.60 £/mo
Unchanged by 0.00 %
from 6,264.60 £/mo
Est rental Yield
4.33 %
Increased by 30.82 %
from 3.31 %
Crime Rate
68.00 %
Unchanged by 0.00 %
from 68.00 %

Agent Activity

  • Miller Commercial created the listing.

Nearby Schools

NameTypeOfstedDistance
Falmouth UniversityHigher Education Institutions0.72 KM
King Charles Primary SchoolAcademy Converter0.94 KM
Flushing SchoolVoluntary Controlled SchoolGood0.99 KM
Falmouth & Penryn Children'S CentreChildren's Centre1.08 KM
Falmouth Primary AcademyAcademy Sponsor LedGood1.25 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Fish Strand Quay £ 000.00 KM
Fountain Ope £ 000.00 KM
Free Steps Ope £ 000.00 KM
Mulberry Passage £ 000.00 KM
Grove Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Falmouth Town3591FMT0.87 KM
Falmouth Docks3508FAL1.48 KM
Penmere3499PNM1.71 KM
Penryn (Cornwall)3525PYN5.06 KM
Perranwell3528PRW8.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Conversion Opportunity, 29-30 Market Street, Falmouth £ 1,000,000BUY4 / 100.00 KM
Market Street, Falmouth, Cornwall, TR11 £ 459,000BUYUnknown0.07 KM
Land on the North West Side of 1 Fountain Cottages, Market Street, Falmouth, Cornwall TR11 3BA £ 20,000BUYUnknown0.15 KM
Smithick Hill, Falmouth, TR11 £ 215,000BUY6 / 100.17 KM
Fairview Place, Falmouth £ 385,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
60 Church Street £ 16,0000.08 KM
59 Church Street £ 95,0000.08 KM
16 Fish Strand Hill £ 280,0000.09 KM
3 Fountain Cottages £ 175,0000.14 KM
1 Fountain Cottages £ 140,0000.14 KM