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Albany Lane, Redruth

South West

£265,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
3
Type
Detached Bungalow

Description

This detached bungalow, offered for sale with no onward chain, is situated in a desirable area and is set within mature, well-stocked gardens. While the property requires updating and modernisation, it boasts adaptable living spaces and includes a good-sized garage, a carport, and parking for several vehicles. The property occupies a substantial plot, providing privacy while remaining conveniently close to local amenities. Upon entering, you are welcomed by a generously sized hallway that leads to two ground floor bedrooms, complemented by a separate toilet and a wet room. The inner hallway connects to the lounge, which can be accessed through a second door leading to a versatile sitting room or home office. The kitchen features a U-shaped layout with a breakfast bar and opens into a dining area. A utility area off the kitchen provides access to the rear patio and garden. Upstairs, a staircase from the sitting room leads to a bright loft bedroom with pleasant views of the surrounding gardens. This level also includes an en-suite shower room and additional loft space that could be converted into further living accommodation, subject to necessary permissions. Externally, the property features a driveway that accommodates three to four vehicles, leading to a spacious single garage equipped with lighting and power, along with a vehicle inspection pit. Surrounding the property are extensive gardens with lawned areas bordered by mature shrubs and trees, as well as a garden shed and a summerhouse that could serve various purposes, such as an office or hobby room. The location is highly sought after, with parks and recreational areas nearby. Local amenities, including shops and restaurants, are within walking distance, and the town centre can be reached in under fifteen minutes. Public transport links are also easily accessible, connecting you to nearby towns and attractions, including Portreath Beach and Tehidy Country Park. This property presents an excellent opportunity for buyers looking to create their ideal home.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: LOW

This detached bungalow presents a unique opportunity for buyers looking to invest in a property with significant potential for modernisation. The asking price of £265,000 is notably below the local average sale price of £268,934, making it an attractive option for those looking to acquire a home at a competitive rate. However, the absence of usable floor area data does limit the overall price/value assessment, which is reflected in the scores.

The property features adaptable living spaces, including a generously sized hallway and a U-shaped kitchen with a breakfast bar, all of which offer a solid foundation for renovation. While the interiors show visible signs of wear and the kitchen and bathroom require updating, these aspects can be transformed to create a modern living environment. The sizable garden and ample parking add further appeal, especially for families or those who appreciate outdoor space. With no onward chain, the purchase process is simplified, allowing for a smoother transition into this promising project.

Key opportunities

  • Significant potential for modernisation throughout the property.
  • Generous garden space that can be enhanced for outdoor living.
  • Adaptable living accommodation with a garage and car port adding value.

Key risks

  • Overall condition is dated, requiring updates in multiple areas.
  • Visible signs of wear in several rooms may necessitate a comprehensive renovation.

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Map

Location

Albany Lane, Redruth
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,001
Based on a loan of £198,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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