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Higher Albion Row, Carharrack, Redruth

South West

£199,950
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Cottage
Area
739 sqft

Description

This charming terraced cottage, situated in a desirable village setting, presents an inviting opportunity for first-time buyers or those seeking a solid investment. The property consists of two bedrooms, a lounge/diner, a kitchen, and a rear bathroom. While currently livable, the interiors would greatly benefit from modernisation to enhance their appeal and functionality. The entrance opens into a welcoming lounge/dining area featuring an LPG coal effect gas fire and unique open joist ceilings that contribute character to the space. A door leads you to the fitted kitchen equipped with essential amenities and direct access to the rear courtyard garden. Upstairs, you will find a generously sized front bedroom illuminated by dual windows, and a rear bedroom complete with built-in storage solutions. Outside, the front garden is well-maintained and perfect for gardening enthusiasts. Additionally, the courtyard-style back garden offers practical outdoor space along with parking for one to two vehicles and includes a workshop/potting shed. With local amenities nearby such as shops and recreational areas, plus connections to larger towns like Redruth, Falmouth, and Truro, this property holds significant potential for adding value through renovations while being conveniently located.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£271/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£259,722
10% above area average per sq ft
Potential ROI
+10.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -9.7%
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

Higher Albion Row, Carharrack, Redruth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £149,962 over 30 years at 3.91% 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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