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Woodlands Terrace, Lanner, Redruth

South West

£195,000
Listed on 12/03/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1420 sqft

Description

Located in the heart of Lanner village, this spacious mid-terrace house presents a promising opportunity for renovation and investment. Featuring four bedrooms and two reception rooms, the property provides ample family accommodation, albeit in need of modernisation to unlock its full potential. The kitchen layout is segmented into three areas, leading directly to a sun room/utility space that adds versatility. Noteworthy character elements include an open fireplace and solid fuel heating systems like the Parkray and Rayburn, which could appeal to those looking for traditional heating methods. On the first floor, four bedrooms offer flexibility for use as children's rooms or office spaces. The family bathroom includes a separate shower cubicle, but could benefit from an update to enhance functionality. Externally, low-maintenance gardens surround the home, complete with storage outbuildings and a dedicated garage in a nearby block, ideal for parking or additional storage needs. With Lanner's local amenities including shops and schools within walking distance, alongside easy access to larger towns such as Redruth and Truro, this property not only offers a chance to create a welcoming family home but also stands as an attractive investment in a sought-after community. The surrounding countryside provides plenty of opportunities for outdoor activities and exploration.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -56.7% below area average per sq ft

-56.7%
Potential saving
This Property
£137/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
£495,779
10% above area average per sq ft
Potential ROI
+111.0%
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

Woodlands Terrace, Lanner, 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
£703
Based on a loan of £146,250 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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