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North Street, Redruth, Cornwall

South West

£145,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
723 sqft

Description

This property represents a promising renovation project, being sold with no onward chain. It features two bedrooms and a flexible layout, allowing for potential reconfiguration to enhance living space. The ground floor consists of an entrance porch that leads into a sitting room, followed by a separate dining area connected to the kitchen. The kitchen provides access to a rear space that includes a W.C., presenting opportunities for redesign to achieve a more functional flow. On the first floor, there are two bedrooms with ample versatility, along with provisions for installing a shower unit, enabling customization of the bathroom to suit personal preferences. Outside, the property offers off-road parking for two vehicles and a bike shed for additional storage needs. A generous garden extending approximately 130ft at the rear provides fantastic possibilities for landscaping and outdoor improvements. Located within a well-established residential area, this home is conveniently positioned near local amenities such as shops and schools. Strong transport links are also available, connecting easily to major road networks and nearby train stations providing access to Birmingham city centre and beyond. This property is ideal for those looking to invest in a full refurbishment project with significant scope for enhancement.

Investment Analysis

(TR15 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£201/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£216,759
10% above area average per sq ft
Potential ROI
+17.2%
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

North Street, 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
£523
Based on a loan of £108,750 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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