Modern Method of Auction
Auction date not yet published
6-bedroom house · TR11 5HH
For saleListed 141 days
Opportunity summary
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About
Description Set at the head of a quiet cul-de-sac in the popular village of Mawnan Smith, this substantial detached house enjoys a south-facing position and far-reaching views over open countryside towards the coast.
The accommodation runs to over 3,400 sq ft across three floors, so there is plenty of room for a growing family as well as space to spread out.
The standout room is the living and dining room, which measures 26’4” and opens onto the sun terrace.
It catches the light all day thanks to the southerly aspect, and it is the kind of space that works just as well for a quiet evening as it does for having friends over.
The ground floor also has a kitchen/breakfast room, a separate utility.
There are five bedrooms in total, including a generous principal bedroom, plus further flexible rooms on the second floor that would suit guests, older children or additional office space.
Outside, the broad paved terrace is private and sheltered, with the countryside as a backdrop. There is an integral double garage and a good amount of driveway parking.
Mawnan Smith is a proper working village with plenty going on.
In the centre you will find a general stores, a popular café and the thatched Red Lion pub, along with a doctor’s surgery, hairdresser, charity shop and the parish council offices, and the old Smithy Workshops are still home to a blacksmith and several local craftspeople.
Families are well catered for by Mawnan CofE Primary School, a voluntary-aided school for children aged 4 to 11.
It was rated Outstanding in every area assessed at its October 2024 inspection and is sought after enough to run a waiting list. The wider area is hard to beat.
The National Trust gardens at Trebah and Glendurgan are nearby, the creeks and sailing waters of the Helford are just down the road, and Maenporth beach, the coast path and the little hamlet of Durgan are all close by.
Falmouth and its harbour, shops and rail links are a short drive away, with Truro and the A39 within easy reach. The property is offered with no onward chain and is ready to move into straight away.
Auctioneers Comments: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00.
These services are optional.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 9, Elgin Close, Falmouth
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