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Lanner Hill, Lanner, Redruth

South West

£125,000

Listed on 19/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
856 sqft

Description

This terraced house, available for sale with no chain, presents a prime opportunity for those looking to invest in a renovation project. Comprising two bedrooms, this home features an entrance hallway leading to two separate reception rooms and a kitchen, along with a rear bathroom. The property also boasts off-road parking for one vehicle at the front and an enclosed garden at the rear, both of which hold significant potential for improvement and landscaping. Located in the sought-after village of Lanner, the house is set back from the road, providing a sense of privacy and convenience. Although the interior requires updating, it offers traditional elements such as open joist ceilings and original stonework that could be beautifully enhanced. The garden is an inviting space perfect for gardening enthusiasts looking to cultivate their own outdoor retreat. With nearby amenities including day-to-day shopping facilities, public houses, and access to local bus services connecting to Redruth and Falmouth, this property combines renovation potential with a desirable village lifestyle.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -53.9% below area average per sq ft

-53.9%
Potential saving
This Property
£146/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£298,252
10% above area average per sq ft
Potential ROI
+98.8%
After renovation
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

Lanner Hill, Lanner, Redruth
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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
£446
Based on a loan of £93,750 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

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