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Lower Broad Lane, Redruth, TR15

South West

£325,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1729 sqft

Description

This four-bedroom semi-detached home is nestled in a semi-rural area on the outskirts of Redruth, combining spaciousness with character and offering significant renovation potential for discerning buyers. With a versatile layout that includes a ground floor bedroom and a loft-converted fourth bedroom, it presents various possibilities for modern living arrangements such as multi-generational occupancy, guest accommodations, or dedicated workspaces. Upon entering the property, you are greeted by a welcoming hallway that leads to the primary living areas. The front of the house features a cozy sitting room bathed in natural light from a large window. Adjacent to this space is an adaptable second reception room that could serve multiple purposes—ideal for dining, leisure activities, or even as an office. The kitchen is generously proportioned, offering ample base and wall units along with extensive countertop space and integrated cooking appliances. Just off the hallway is the ground floor bedroom, which provides convenient step-free access—a thoughtful feature for guests or those who prefer single-level living. The ground floor also benefits from a utility room and a WC, enhancing overall functionality. On the first floor, you will find two well-sized double bedrooms with pleasant views and sufficient storage options. A family bathroom fitted with essential amenities caters to this level. Ascending to the second floor reveals the loft-converted fourth bedroom; currently utilized as a sleeping area, it features roof windows and eaves storage—offering an ideal retreat for teenagers or visitors. Set on a generous plot, the outdoor spaces include both lawned and patio areas in the rear garden—perfect for families or those interested in entertaining outdoors. There remains ample potential here for further landscaping or development (subject to planning permission), along with space to accommodate a shed or small outbuilding. The property also includes off-road parking alongside a detached garage. Positioned along Lower Broad Lane in a quiet residential neighborhood, this home provides easy access to local amenities such as schools and shops while being just minutes from major transport links like the A30. This allows for convenient travel to nearby towns including Truro and Camborne. Moreover, residents can enjoy quick routes to Cornwall's stunning north coast beaches at Portreath, Porthtowan, and St Agnes—ideal for outdoor enthusiasts who appreciate walking trails and watersports. This property stands as an exceptional opportunity for those looking to invest in a home with both charm and considerable renovation potential in an attractive part of Cornwall.

Investment Analysis

(TR15 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£188/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£521,786
10% above area average per sq ft
Potential ROI
+49.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR15)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 1.5%
5 year growth: 22.4%
Investment Disclaimer: Analysis based on TR15 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

Lower Broad Lane, Redruth, TR15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 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.

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