FALMOUTH
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FALMOUTH

By Kimberley's Independent Estate Agents

£ 550,000

Reviews

2 out of 5 stars

Kimberley's Independent Estate Agents says ..

A rare opportunity to acquire this detached dormer style property (formerly a care home), located in a prime residential location close to all the amenities that the bustling town of Falmouth has to offer.

Property Oracle says ..

This seven-bedroom, four-bathroom property in Falmouth, Cornwall, presents a mixed opportunity. Located on Dracaena Avenue, it benefits from proximity to the town centre, railway station (Penmere), and several schools, making it an appealing location for families or those seeking convenient access to amenities. The property appears to be a substantial house with considerable potential. However, it is in clear need of a comprehensive refurbishment. Interior photos reveal dated fittings, worn flooring, and incomplete decorating. The garden appears relatively small. Although the listed price is £550,000, determining its value is challenging due to the absence of precise square footage data and uncertainty about the extent of renovation costs. Potential buyers should factor in considerable renovation and modernisation expenses before making an offer. A thorough survey is advised to evaluate the structural condition and potential hidden costs. This property could become a valuable asset following renovation, but prospective buyers must approach it with a realistic budget for the necessary improvements and mindful of local market price comparisons.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
3
Bedrooms
7
Bathrooms
4
Sqft (est)
1,430.00

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
380,500.00 £
Decreased by 7.95 %
from 413,363.00 £
Est sale value
436,150.00 £
Increased by 0.66 %
from 433,290.00 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
1,430.00 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Kimberley's Independent Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Falmouth & Penryn Children'S CentreChildren's Centre0.37 KM
Falmouth Primary AcademyAcademy Sponsor LedGood0.48 KM
Marlborough SchoolCommunity SchoolRequires improvement0.69 KM
King Charles Primary SchoolAcademy Converter0.95 KM
St Mary'S Catholic Primary School, FalmouthAcademy Converter1.05 KM

Images

Main Picture DINING ROOM LOUNGE BEDROOM ONE KITCHEN BEDROOM TWO BEDROOM THREE KITCHEN BEDROOM FOUR BEDROOM FIVE OUTSIDE BATHROOM

Nearby Streets

NameAverage PriceAverage SqftDistance
Theydon Road £ 000.00 KM
Mayfield Road £ 000.00 KM
West Place £ 000.00 KM
Old Hill Cresent £ 270,00000.00 KM
Marlborough Road £ 510,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Penmere3499PNM0.36 KM
Falmouth Town3591FMT1.89 KM
Falmouth Docks3508FAL2.81 KM
Penryn (Cornwall)3525PYN3.88 KM
Perranwell3528PRW7.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
FALMOUTH £ 550,000BUY5 / 100.00 KM
Oasis House & Apartment, Dracaena Avenue, Falmouth, Cornwall, TR11 2EG £ 675,000BUY6 / 100.03 KM
Dracaena Avenue, Falmouth - Sizeable property £ 365,000BUY6 / 100.16 KM
FALMOUTH £ 350,000BUYUnknown0.17 KM
FALMOUTH £ 295,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
11 Dracaena Avenue £ 420,0000.04 KM
37 Dracaena Avenue £ 260,0000.04 KM
41 Dracaena Avenue £ 320,0000.04 KM
5 Dracaena Avenue £ 232,5000.04 KM
27 Dracaena Avenue £ 287,7000.04 KM