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Sandy Lane, Redruth

South West

£250,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1859 sqft

Description

This detached five-bedroom property presents a unique investment opportunity with versatile living arrangements. It features a three-bedroom bungalow on the ground floor complemented by an independent two-bedroom annexe on the first floor, making it ideal for multigenerational living or rental potential. The ground floor boasts ample reception space, including a dual-aspect living room and a generously sized dining room. The kitchen and utility area are functional, though some modernization would enhance their appeal. Outside, there's a spacious driveway leading to a garage and workshop, alongside well-sized gardens both front and back. While the property does require some attention due to its Mundic Block construction, its layout and flexibility offer plenty of potential for those looking to invest in renovations that can significantly increase value.

Investment Analysis

(TR15 area)

Below Market Value

This property is priced -51.0% below area average per sq ft

-51.0%
Potential saving
This Property
£134/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£561,018
10% above area average per sq ft
Potential ROI
+81.0%
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

Sandy Lane, Redruth
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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
£916
Based on a loan of £187,500 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

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