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Penryn Street, Redruth

South West

£30,000Guide Price

Listed on 20/07/2026

Property details

Bedrooms
2
Type
Maisonette

Description

This spacious two-bedroom maisonette, part of a three-storey terraced building, presents a valuable opportunity for those looking to invest in property or homeowners eager to enhance their living space. With a central location near various amenities, the interior is primed for modest upgrades and repairs. The layout includes an entrance lobby leading up to a first floor with a living room and kitchen, followed by two bedrooms and a bathroom on the second floor. An additional courtyard area provides some outdoor space, along with a gardener's WC. This property is being offered at auction, making it an appealing choice for creative buyers willing to undertake renovation work.

Investment analysis

(TR15 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.8%

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
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

Penryn Street, 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
£113
Based on a loan of £22,500 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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