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Hoskings Row, Redruth

South West

£115,000
Listed on 05/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property offers a distinctive opportunity for investors or developers, featuring a former carpenter’s workshop situated in Redruth, close to local amenities. The site includes several single-storey structures and enjoys approved planning permission for the construction of four three-bedroom townhouses, each designed with dedicated parking and private outdoor space. Current facilities comprise a workshop, storage area, and cloakroom, all positioned around a central hardstanding area that provides ample space for redevelopment. With gated access adding both security and convenience, this property is ripe for transformation into modern residential units. The region benefits from essential services including mains water and electricity, along with availability of ultrafast broadband. Given the planning approval already in place (ref: PA22/11477), this site presents significant potential for an investor looking to capitalize on the growing housing demand in the area.

Investment Analysis

(TR15 area)
Area Average
£272/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (TR15)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -1.4%
5 year growth: +19.6%
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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Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,250 over 30 years at 4.06% 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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