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Treleigh Avenue, Redruth

South West

£250,000
Listed on 11/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity to acquire three individual plots, each designated for the construction of three-bedroom terraced homes. With full planning permission and building regulations already in place, these parcels are ideally suited for developers looking to capitalize on the growing demand for residential housing in this convenient town location. The layout of each proposed dwelling includes a thoughtfully designed ground floor, featuring an entrance hall, cloakroom, and an open-plan living area that combines kitchen, dining space, and lounge. The upper floor accommodates three well-proportioned bedrooms along with a family bathroom. This design not only maximizes living space but also meets modern lifestyle expectations. Investors may also consider acquiring the entire site encompassing nine dwellings, which presents an even greater opportunity for substantial return on investment. The location benefits from its proximity to local amenities and transport links, making it appealing to potential homeowners and renters alike. Interested parties can find detailed planning information under application number PA17/06844 via the Cornwall Council Planning Portal. Viewings are available strictly by appointment through our agency. This project not only allows for immediate development but also promises significant potential in a competitive housing market.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
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

Treleigh Avenue, 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
£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.

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