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Sandy Lane, Redruth - Individual Building Plot for single storey dwelling

South West

£150,000
Listed on 29/04/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This investment opportunity features a building plot ideally situated near Redruth, providing convenient access to both Truro and Falmouth. Located just under a mile from the bustling centre of Redruth, this parcel comes with Full Planning Permission granted in November 2025 for the construction of a four-bedroom bungalow complete with a home office, open-plan kitchen/diner, and integral garage. The plot is bordered by a picturesque wildflower meadow on both sides, enhancing its appeal. It's important to note that no services are currently connected to the site, presenting an additional consideration for potential buyers regarding utility installation. With local amenities, a mainline train station providing direct services to London Paddington and beyond, as well as A30 access nearby, this location remains highly accessible. The surrounding area boasts excellent schooling options within walking distance and is conveniently placed for enjoying both the academic atmosphere of Falmouth and the cultural offerings of Truro. For those interested in exploring this unique opportunity further, details regarding planning can be found on Cornwall Council's planning portal referencing PA24/02088.

Investment Analysis

(TR16 area)
Area Average
£317/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -8.3%
5 year growth: +17.2%
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

Sandy Lane, Redruth - Individual Building Plot for single storey dwelling
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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