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See how verdicts work2-bedroom bungalow · TR11 4DU
Listing removedListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property There is a charm and authenticity at Mirimar that is so hard to find and although its mid-century interior is a little old fashioned and requiring of some modernisation, we know what a very special instruction this is.
The bungalow is remarkably well-screened from Spernen Wyn Road by established shrubbery, with twin posts leading onto a drive to park two to three cars, before reaching the garage.
Mirimar’s covered entrance and main hallway is rather elegant, with its 8’ 4” ceiling height and decent cupboard space.
A glazed door and side pane lead into a super dual aspect living and dining room with box bay and a porthole window, and limited views towards the sea.
From here, the dining area leads out onto a terrace and the garden. Proportions throughout are excellent and there is much storage space for comfortable living.
There is a fitted kitchen with a pantry as well as a boiler/store room. The two double bedrooms are large, one with a hatch to the sub floor area of Mirimar.
For those keen to explore possibilities for a loft conversion, this space is large and with the relevant consents could create a wonderful ‘upstairs’ and with spectacular sea views!
The location Mirimar occupies a remarkable and valuable position on Falmouth’s favoured Southern side, set at the foot of Spernen Wynn Road, on to which its enclosed and established garden has an impressive 190’ of frontage.
This is a prime and much sought-after residential address and possibly the nearest bungalow to Gyllyngvase beach that one could find.
How special it is to be a moments walk to the beach and Gyllyngvase cafe, and to have the excellent early ‘til late Co-op as ones’ corner shop.
The town and harbour are just one mile away making this a wonderfully convenient as well as an involving and uplifting area of Falmouth in which to live.
The town and its harbourside have an excellent and diverse selection of restaurants and an eclectic mixture of individual shops as well as national chains, together with quality galleries showcasing local talent.
Nearby train stations (Falmouth Town & Penmere Halt), provide a convenient link to the mainline at Truro, for Exeter and London, Paddington.
There are five primary schools and one secondary school in the town and another in Penryn, as well as highly regarded independent preparatory and senior schools in Truro.
Falmouth is a wonderful place to live and is renowned for its maritime facilities which offer some of the best boating and sailing opportunities in the country.
EPC Rating: D Front Garden An unusually large, level and established space.
Twin posts lead onto a paved driveway to park three cars in tandem, to the single garage, with a wall and gateway to the side, into the rear courtyard.
A path leads to the front door and through a gate to a lawned garden and beyond to the natural wooded garden area with wild flowers, myrtle, bay, firs, a horse chestnut and magnolia.
At the end is a gate onto Stracey Road. A slate, paved terrace with hydrangea, path around to the rear courtyard, steps up to an enclosed raised terrace accessible from the dining area.
Aluminum greenhouse.
Value & comps
No previous sales on record.
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 asking
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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
Agent & docs
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FAQ
About Miramar, Cliff Road, Falmouth
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