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Church Street, Redruth, Cornwall

South West

£125,000Guide Price

Listed on 05/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced

Description

This spacious three-bedroom terraced house presents an excellent opportunity for renovation in the vibrant village of Carharrack. Currently offered via online auction, the property is set to close on Wednesday, 18 November 2026, at 4:30 PM. The home, which was formerly a post office, boasts generous living spaces including a sitting room, dining room, kitchen, and two storerooms on the ground floor. The first floor features three double bedrooms and a family bathroom, providing ample accommodation for families or investors looking to capitalize on the local market. While the property requires updating and refurbishment throughout, it offers significant potential for those looking to create a personalized living space. Outside, a small rear courtyard complements the interior layout. Located centrally in Cornwall, this property allows easy access to stunning beaches and various heritage sites, with convenient transport links to nearby towns such as Truro and Falmouth. This is a project not to be missed for anyone interested in transforming a property into their ideal home or investment.

WHOTS analysis

Our WHOTS verdict

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

50out of 100
Grade DWeak opportunity

Confidence: LOW

This spacious 3-bedroom terraced house in the vibrant village of Carharrack presents an exciting project for buyers seeking to make their mark. While the property shows signs of wear and requires substantial updates throughout, its generous layout and community-focused location offer significant potential. The dated kitchen and overall aesthetic provide a blank canvas for modernisation, allowing new owners to create a contemporary living space that reflects their style.

Situated in a lively village with a strong community spirit and easy access to local amenities, this property stands out as a promising investment. The asking price of £125,000 is attractive, especially given that the floor area is missing, preventing a direct comparison to local £/sqf values. This means the eventual cost may not stay this cheap, particularly with bidding likely to push the final price above the guide. With a renovation estimate of £50,000 to £100,000, buyers can envision transforming this property into a desirable home or rental opportunity.

Key opportunities

  • Generous living space offers flexibility for modernisation.
  • Located in a vibrant community with access to local amenities and outdoor activities.
  • Potential to enhance value through substantial refurbishment.

Key risks

  • Requires significant refurbishment throughout.
  • Potential for damp or structural issues due to age and condition.
  • Market volatility risks may affect future value.

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Map

Location

Church Street, Redruth, Cornwall
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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
£472
Based on a loan of £93,750 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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