Falmouth
LA

Falmouth

By Laskowski & Co

£ 415,000

Reviews

2 out of 5 stars

Laskowski & Co says ..

A rare opportunity to acquire a mixed use, freehold investment located on one of Falmouth's main thoroughfare's, comprising a 1 bedroom lower ground floor apartment with pleasant, low maintenance rear courtyard, a broad and spacious 'shop floor' and 2 double bedroom duplex apartment situated on t...

Property Oracle says ..

This property in Falmouth, Cornwall, presents a mixed bag of opportunities and considerations. Its location on Killigrew Street offers significant advantages. Situated in the heart of Falmouth town, it benefits from easy access to local amenities, shops, restaurants and transportation. The proximity to several schools, although specific distances are missing, also boosts its appeal for families. However, more information on the school ratings is needed for a more confident conclusion.

The condition of the property, shown in the provided images, appears to be fair to good. The interior needs some modernisation; the kitchen appears somewhat dated, and the decor in some parts is simple, but the structure seems to be sound. While it is move-in ready, some updates and cosmetic improvements could enhance its value and appeal considerably. The property provides a small, paved backyard with a shed, offering some outdoor space, but it is not expansive.

The price of £415,000 requires careful consideration. The lack of comprehensive data for square footage in nearby properties makes a detailed price-per-square-foot analysis impossible. However, based on the provided limited comparison properties, the price appears relatively consistent with the Falmouth market, especially if accounting for the location and the small garden space. A full comparative market analysis with more detailed information on recently sold properties would provide more robust evidence to firmly assess the price’s reasonableness.

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
7
Condition
6
Location
7
Land
3
Bedrooms
3
Bathrooms
3
Sqft (est)
1,731.91

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
386,259.00 £
Increased by 9.54 %
from 352,606.00 £
Est sale value
699,691.64 £
Increased by 18.48 %
from 590,581.31 £
Average area rental value
1,492.00 £/mo
Decreased by 18.74 %
from 1,836.00 £/mo
Est letting value
1,731.91 £/mo
Unchanged by 0.00 %
from 1,731.91 £/mo
Est rental Yield
4.64 %
Decreased by 25.76 %
from 6.25 %
Crime Rate
30.00 %
Unchanged by 0.00 %
from 30.00 %

Agent Activity

  • Laskowski & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Falmouth & Penryn Children'S CentreChildren's Centre0.48 KM
King Charles Primary SchoolAcademy Converter0.57 KM
Falmouth UniversityHigher Education Institutions0.61 KM
Falmouth Primary AcademyAcademy Sponsor LedGood0.74 KM
Marlborough SchoolCommunity SchoolRequires improvement0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
West Place £ 000.00 KM
Mulberry Passage £ 000.00 KM
Free Steps Ope £ 000.00 KM
Fountain Ope £ 000.00 KM
Marlborough Road £ 510,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Penmere3499PNM1.11 KM
Falmouth Town3591FMT1.16 KM
Falmouth Docks3508FAL2.00 KM
Penryn (Cornwall)3525PYN4.58 KM
Perranwell3528PRW8.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Falmouth £ 415,000BUY5 / 100.00 KM
FALMOUTH £ 125,000BUY5 / 100.02 KM
Killigrew Street £ 135,000BUY5 / 100.03 KM
Killigrew Street £ 125,000BUYUnknown0.03 KM
Killigrew Street £ 165,000BUYUnknown0.03 KM

Nearby Properties

AddressPriceDistance
58 Killigrew Street £ 120,0000.00 KM
60 Killigrew Street £ 146,0000.00 KM
55 Killigrew Street £ 215,0000.06 KM
57 Killigrew Street £ 103,0000.06 KM
39a Killigrew Street £ 126,0000.06 KM