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Redruth

South West

£190,000

Listed on 09/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
756 sqft

Description

This charming stone cottage in Carn Brea Village presents a prime opportunity for a renovation project, offered with no onward chain. With its desirable location providing easy access to local amenities, schools, public transport including Redruth train station, and the A30 link road, the property is well-positioned for both living and investment potential. The internal layout features a cozy lounge with a beamed ceiling and inglenook fireplace fitted with a wood burner, as well as a kitchen that is in need of updating. Upstairs, you'll find three bedrooms and a bathroom featuring a separate shower—a solid foundation for modernisation. Externally, the property boasts off-road parking at the front and a spacious rear garden which is currently overgrown but offers great landscaping potential. Some double glazing is present along with gas central heating, laying the groundwork for further improvements. This freehold property invites you to imagine its full potential after renovations are completed.

Investment analysis

(TR15 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£251/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£230,603
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TR15)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +3.6%
5 year growth: +22.3%
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

Redruth
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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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