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Albany Road, Redruth, Cornwall

South West

£400,000
Listed on 19/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1704 sqft

Description

This detached house, available for the first time since 1967, presents a unique opportunity for renovation enthusiasts or investors. With its distinctive Art Deco architecture, this spacious 3/4 bedroom property is ready to be transformed into a modern living space. Situated on a quiet residential road with an enviable south-westerly facing position, it boasts a generous garden plot, a gated driveway, and a detached garage. The house is in need of some updating but holds significant potential for those looking to infuse new life into it while retaining its architectural charm. Being sold with no onward chain adds to its appeal.

Investment Analysis

(TR15 area)

Below Market Value

This property is priced -13.9% below area average per sq ft

-13.9%
Potential saving
This Property
£235/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£510,868
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (TR15)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +0.4%
5 year growth: +20.9%
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

Albany Road, Redruth, Cornwall
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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
£1,443
Based on a loan of £300,000 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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