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Fords Row, Redruth, Cornwall, TR15 - Image 1
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Fords Row, Redruth, Cornwall, TR15

South West

£140,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
786 sqft

Description

This two-bedroom terraced house is a promising opportunity for buyers looking to invest in a property with significant renovation potential. While the home requires modern updates, it provides a blank canvas for creativity and personalization, allowing you to design a space tailored to your preferences. At the rear of the house, you'll find a generously sized garden, offering ample outdoor space for relaxation or gardening enthusiasts. Additionally, the property includes the advantage of private parking, which is often hard to come by in town-center locations. Equipped with solar panels and electric heating, the house incorporates energy-efficient features that can help reduce utility costs while enhancing overall living comfort. With a convenient location close to local amenities and transportation links, this property not only presents an opportunity for individual enhancement but also stands out as a solid investment for those looking to capitalize on its potential.

Investment Analysis

(TR15 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£178/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£237,203
10% above area average per sq ft
Potential ROI
+39.5%
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

Fords Row, Redruth, Cornwall, 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
£513
Based on a loan of £105,000 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

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