Worst House on the Street Logo
Busveal,Redruth - Image 1
Busveal,Redruth - Image 2
Busveal,Redruth - Image 3
Busveal,Redruth - Image 4
Busveal,Redruth - Image 5
Busveal,Redruth - Image 6
Busveal,Redruth - Image 7
Busveal,Redruth - Image 8
Busveal,Redruth - Image 9
Busveal,Redruth - Image 10
Busveal,Redruth - Image 11

Busveal,Redruth

South West

£350,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2788 sqft

Description

This versatile four-bedroom detached bungalow presents a unique opportunity for cash buyers due to its location amidst mining considerations. Set on expansive grounds in a picturesque rural area, the property offers substantial accommodation and significant renovation potential. It includes a separate annexe, a double carport, and a large barn, all surrounded by lush gardens and a wooded region. Internally, the home features a spacious lounge with abundant natural light from three sides, along with a kitchen dining room that would benefit from modernization. The kitchen is equipped with an Aga (condition untested) and an adjacent utility room. The master bedroom includes an en-suite bathroom, while there are three additional bedrooms serviced by a family bathroom. The annexe comprises an office or outbuilding requiring renovation, along with further living spaces including a first-floor lounge-diner with balcony views and additional bedrooms and bathrooms. Outside, the extensive garden includes established flora, a static caravan, and additional land that could potentially be developed into another dwelling with the necessary planning permissions. Ample parking is available alongside the barn/tractor shed which could serve various uses such as storage or workshop space. This property not only represents a spacious family home but also provides numerous avenues for development and personalisation for those looking to invest in their future living space.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -60.5% below area average per sq ft

-60.5%
Potential saving
This Property
£126/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£974,476
10% above area average per sq ft
Potential ROI
+126.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by +7.7% over the last 12 months
3 year growth: -15.0%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on TR16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Busveal,Redruth
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE