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The Lane, TR16

South West

£238,000
Listed on 06/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
926 sqft

Description

This mid-terrace cottage offers a solid foundation for renovation and personalization, ideal for those looking to invest in a property with significant potential. Comprising three bedrooms, the home is being sold with no onward chain, allowing for a smooth transition into your next project. Positioned in a peaceful, no-through private area accessible via a shared lane, the property also benefits from off-road parking suitable for two vehicles. The surrounding village of Four Lanes boasts essential amenities including a local shop, public house, and an excellent primary school, making it an appealing area for families. Additionally, convenient transport links to nearby Redruth and Helston enhance the property's accessibility, with the A30 link road just a short drive away. The ground floor features a lounge that exudes character with its beamed ceilings and multifuel wood burner, complemented by an adjoining dining room that provides ample space for entertaining. The kitchen presents an opportunity for updating, currently equipped with basic cabinetry and appliances—perfect for those looking to create their dream culinary space. On the first floor, you'll find two generously sized double bedrooms along with a single bedroom. Each room has been designed to maximize natural light and offers pleasant views of the surrounding countryside or garden. The family bathroom includes essential fixtures but also presents an opportunity for modernization. Outside, the cottage is set back from the lane with driveway parking leading to a spacious enclosed garden. This area is primarily laid to lawn and provides secure outdoor space ideal for children and pets alike. The rear garden also allows for pedestrian access—another feature that may enhance its appeal during any future renovations. Overall, this property not only invites personal touches but also holds promising investment potential in this growing community. With thoughtful updates and renovations, it could become a charming home that reflects individual style while capitalizing on its desirable location.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£257/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£23,800 - £59,500
10-25% of property value
Target Value
£332,726
10% above area average per sq ft
Potential ROI
+11.8%
After renovation
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR16)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.1%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on TR16 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

The Lane, TR16
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