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Trevarren Avenue, Four Lanes, Redruth

South West

£249,950
Listed on 23/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1042 sqft

Description

This detached bungalow, set on a spacious plot with low maintenance gardens, presents a promising opportunity for renovation. Boasting three bedrooms, a lounge, dining room, kitchen, sunroom, and a family bathroom, the layout is conducive to family living and social gatherings. While double glazing and oil heating are already in place, the property has potential for modernisation to enhance livability and appeal. The interior features include an efficient T-shaped hallway that connects well-proportioned rooms including a generous family bathroom with a separate shower cubicle. External highlights comprise a gravelled driveway accommodating up to three vehicles alongside a car port and garage, adding further convenience for families or those needing extra storage. The mature gardens offer an inviting space that could be transformed with some landscaping work. Located on a cul-de-sac in Four Lanes village, this residence is within walking distance of local amenities including shops and schools while being just a short drive from nearby towns and beautiful beaches. This bungalow allows buyers the chance to add their personal touch and increase property value through thoughtful enhancements.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£240/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£363,632
10% above area average per sq ft
Potential ROI
+32.3%
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

Trevarren Avenue, Four Lanes, 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
£901
Based on a loan of £187,462 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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