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50 Drump Road, Redruth, Cornwall, TR15 1PR

South West

£15,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This end terrace property presents a promising opportunity for renovation and investment. Comprising three bedrooms, this home offers ample living space with a lounge, kitchen, and bathroom located on the ground floor, while the first floor houses the three bedrooms. Outside, the property features a driveway, garage, and garden, which add to its appeal. Situated in the historic town of Redruth, it benefits from proximity to local amenities including shops and schools. Excellent road connections via the nearby A30 facilitate quick access across Cornwall and towards Exeter and the M5 motorway. With a rental potential estimated at around £1200 per calendar month, this property could serve as an excellent buy-to-let investment for those looking to enhance its value through refurbishment.

Investment Analysis

(TR15 area)
Area Average
£273/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

50 Drump Road, Redruth, Cornwall, TR15 1PR
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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
£54
Based on a loan of £11,250 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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