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Penberthy Road, Portreath, Redruth

South West

£279,950
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
937 sqft

Description

This terraced house in the sought-after coastal village of Portreath offers a unique opportunity for renovation and personalization, making it an ideal investment property. With three well-proportioned bedrooms and essential amenities, including a family shower room and a separate WC, this home provides ample space for modern living. The ground floor features a separate lounge and an open-plan kitchen/dining area that opens to a surprisingly large rear garden, which has potential for further development or landscaping. The property is double glazed with night storage heating, ensuring a comfortable environment while you plan your upgrades. The front garden includes an off-road parking space, adding convenience to this charming residence. Close proximity to the beach and local amenities enhances its appeal as both a family home and an investment opportunity. Buyers can easily envision their personal touches transforming this characterful house into a desirable home that holds the potential for significant future value.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£299/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£326,990
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -13.7%
5 year growth: +15.4%
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

Penberthy Road, Portreath, Redruth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,010
Based on a loan of £209,962 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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