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Releath, Praze, Camborne

South West

£1,200,000
Listed on 17/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1915 sqft

Description

Set on 36 acres in a tranquil rural area, this four-bedroom detached house offers considerable renovation and investment possibilities. Built in 1989, the home features a design reminiscent of a traditional long house, set amid lush gardens that once served as the farmyard. The interior includes an entrance porch and three distinct reception rooms, with a kitchen featuring slate tile flooring and a Rayburn stove—elements that provide a solid foundation for modernization. The downstairs layout is complemented by a bathroom, while the upper level houses four spacious bedrooms, all served by an additional bathroom. The property benefits from oil-fired heating and ample natural light due to its south-facing windows. A notable highlight of this property is its range of outbuildings. These include a single-storey piggery with existing planning consent for conversion into a two-bedroom dwelling, along with former milking parlors and calf pens that could be repurposed as additional living space or storage. A large corrugated barn adds further potential for reimagining the property’s use. Additionally, there is an approximately 800 sqft detached Nissen hut that boasts its own access and garden space—subject to planning permissions—which could serve as another residential unit or workspace. The surrounding land has been historically used for hay production and is classified as Grade III agricultural land, providing some versatility for farming or alternative uses. Gently sloping fields are bordered by traditional Cornish hedges, enhancing the scenic appeal of the property while also offering potential for agricultural ventures. In terms of location, this home enjoys both seclusion and accessibility. Situated just 1.5 miles from the B3297 connecting Redruth and Helston, essential amenities in Helston and Camborne/Redruth can be reached within about 20 minutes’ drive. The stunning northern coastline is approximately 9 miles away at Hayle and Portreath, with attractions like The Lizard Peninsula and Land's End within easy reach. This property presents an opportunity not only to create a comfortable family home but also to explore various development avenues in a desirable countryside setting. Interested parties should verify details regarding services and planning permissions before proceeding.

Investment Analysis

(TR14 area)

Above Market Value

This property is priced +125.9% above area average per sq ft

+125.9%
This Property
£627/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£120,000 - £300,000
10-25% of property value
Target Value
£584,343
10% above area average per sq ft
Potential ROI
-61.0%
After renovation
Monthly Sales
20
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR14)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 6.8%
5 year growth: 30.6%
Investment Disclaimer: Analysis based on TR14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Releath, Praze, Camborne
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