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Hoskings Row, Redruth

South West

£115,000
Listed on 27/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This former carpenter’s workshop in the heart of Redruth presents a remarkable investment opportunity for developers or individual investors. Located just a short distance from the town centre, this property has received approved planning permission from Cornwall Council for the construction of four three-bedroom townhouses. Each proposed dwelling is designed with modern living in mind, featuring an open-plan ground floor layout, three bedrooms across two upper floors, and dedicated outdoor space. The site includes useful outbuildings and secured gated access, making it suitable for various development options beyond residential use. The existing structure's single-storey buildings are arranged around a central hardstanding area, offering flexibility in renovation or redevelopment. With amenities nearby and strong transport links, this project has significant growth potential in a thriving community.

Investment Analysis

(TR15 area)
Area Average
£274/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
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

Hoskings Row, Redruth
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£421
Based on a loan of £86,250 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