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Carn Lane, Carnkie, Redruth, Cornwall, TR16

South West

£125,000
Listed on 02/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house is set in a tranquil semi-rural village near the historic Carn Brea Basset Monument, making it a unique opportunity for cash buyers to invest in a property with significant renovation potential. The home boasts picturesque countryside views and offers a spacious garden, ideal for creating an outdoor oasis or even extending the property (subject to planning permissions). Inside, the layout includes two well-sized bedrooms on the upper floor, both benefiting from abundant natural light and scenic views. The ground floor features a comfortable lounge, dining area, kitchen, utility space, and a family bathroom. With some thoughtful refurbishment and modernization, this house can be transformed into a contemporary living space that reflects personal tastes. A large garage and workshop enhance the property's appeal by providing ample storage or project space for DIY enthusiasts. The serene garden setting is perfect for leisure activities or cultivating your own garden. While enjoying peaceful surroundings, local amenities and transport links are within easy reach. This property presents an appealing prospect for couples or small families looking for a character-filled home in an inviting community atmosphere.

Investment Analysis

(TR16 area)
Area Average
£318/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Carn Lane, Carnkie, Redruth, Cornwall, TR16
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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
£458
Based on a loan of £93,750 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