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Church Road, Illogan, Redruth, TR16 4SR

South West

£200,000
Listed on 13/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
915 sqft

Description

This semi-detached family home offers three bedrooms and presents a valuable opportunity for renovation and investment in a desirable residential area. While the property does require some updates, its solid structure and spacious layout provide a sound foundation for anyone looking to create a personalized living space. Upon entering, you are greeted by an entrance hall that leads into the main living areas, including a dual-aspect lounge that benefits from ample natural light. The kitchen/breakfast room features two windows overlooking the rear garden, offering potential for modernizing the space while providing functionality with connections for essential appliances. The first-floor layout consists of three well-proportioned bedrooms, each offering unique attributes such as storage solutions and varying views. The bathroom and separate WC are positioned conveniently to serve all bedrooms, reflecting the home's practicality for family life. Externally, the property boasts enclosed front and rear gardens. The front garden features a pathway leading to the entrance, while the rear garden provides an ideal canvas for landscaping or further development. In addition to outdoor space, there are two storage areas that could be repurposed or enhanced based on your needs. Located in a sought-after neighborhood, this home is available with no onward chain, making it an appealing option for both first-time buyers and seasoned investors. With a commitment to refurbishing and updating the interiors, there is significant potential to increase value in this property while enjoying the benefits of a well-established community. Early viewings are encouraged to fully appreciate what this home has to offer.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -31.2% below area average per sq ft

-31.2%
Potential saving
This Property
£219/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£319,815
10% above area average per sq ft
Potential ROI
+42.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by +7.7% over the last 12 months
3 year growth: -15.0%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on TR16 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

Church Road, Illogan, Redruth, TR16 4SR
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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
£733
Based on a loan of £150,000 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.

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