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Alexandra Road, Illogan, Redruth

South West

£425,000
Listed on 08/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
995 sqft

Description

This three-bedroom detached bungalow is nestled within a substantial plot on the esteemed Alexandra Road, known for its coveted residential appeal. The property has undergone some refurbishment in recent months, yet still presents an excellent opportunity for further enhancement to suit a family’s needs or investment aspirations. The layout includes an entrance hall, spacious living/dining area, three bedrooms, a modern family bathroom, kitchen, conservatory, sunroom, and a boiler room. The potential for expansion and modernization is significant, subject to obtaining the necessary permissions. Outdoor features include expansive gardens with ample parking space and a detached garage. This property promises great value in such a desirable setting, offering both space and privacy while being conveniently located near local amenities and recreational opportunities like Tehidy Golf Club and Portreath beach.

Investment Analysis

(TR16 area)

Above Market Value

This property is priced +34.6% above area average per sq ft

+34.6%
This Property
£427/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£347,394
10% above area average per sq ft
Potential ROI
-25.3%
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
37%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -11.2%
5 year growth: +17.6%
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

Alexandra Road, Illogan, 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
£1,533
Based on a loan of £318,750 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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