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See how verdicts work4-bedroom semi-detached house · TR11 4NF
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property This is one of our absolute favourite place to live in Falmouth, and it’s a joy to be selling this gem.
The property has been transformed from its historic roots as a coastguard house, having been expanded and fine tuned over the years to create an uplifting home.
The first time available for sale in 31 years, Number 29 Castle Drive presents a generous 14852ft of light filled four bedroom accommodation, two of which have fantastic sea views with the main 18’ in length and with bowed window.
There are separate sitting and dining rooms together with a super, sociable 22’ kitchen/breakfast room, flowing out through patio doors onto the expansive terrace and landscaped front garden, facing South and with glorious views to sea and coast.
There are two first floor bath and shower rooms as well as a cloakroom/WC downstairs.
A gas boiler fuels radiator central heating and hot water supply and good to have a woodburning stove in the kitchen/breakfast room.
To the front is a generous single size garage and off-road parking space and to the rear, an enclosed, established garden.
Solar (pv) panels have been installed on the South facing front roof, providing energy to the property.
If your requirement is an inspirational home in a location that excites, we defy you to find better.
The location Built in the early 1900s, these few former coastguard houses are incredibly sought after, being recognised for their views and uplifting position on Falmouth’s seafront.
The location is outstanding, set above Castle Beach and looking out to sea with the historic Pendennis Castle as one’s near neighbour.
The scener and walks here are spectacular, with the castle grounds and outlook from castle Drive and Pendennis Point, encompassing stunning coastline, estuary and sea, all on the near doorstep.
The busier Gyllyngvase Beach and popular Gylly cafe, together with the excellent ‘early ‘til late Co-op’, is a ten minute walk away.
Falmouth harbour and town are reached within a leisurely 15 minutes on foot.
The town has an excellent, diverse selection of restaurants and an eclectic mixture of individual shops as well as national chains, together with quality galleries showcasing local talent.
Events Square and the National Maritime Museum are close by and regularly host activities and events throughout the year including Falmouth Classics, Falmouth Week and the Sea Shanty Festival.
The nearby train station at Falmouth Docks provides a convenient link to the mainline at Truro for Exeter and London, Paddington.
This part of Castle Drive is a particularly special place to live and acutely sought-after by those in the know.
EPC Rating: C Solar Panels Owned by and supplying energy to the property as well as an income when exporting surplus power to the grid.
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
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FAQ
About 29 Castle Drive, Falmouth
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