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Carnmenellis, Redruth, Cornwall, TR16

South West

£350,000

Listed on 12/11/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
957 sqft

Features

  • Garden

Description

This detached three-bedroom cottage occupies a rural position between Carnmenellis and Stithians, with a plot of approximately 0.43 acres including gardens around the house and an adjoining small paddock. The accommodation is arranged over two floors, with entrance hallways, a kitchen/diner, living room and shower room downstairs, and three bedrooms above. The property was partly refurbished in 2024 and is described as offering scope for further improvement. The listing also notes evidence of damp and water ingress in some rooms. Stithians is around two miles away by road and Rame Cross about one mile. Stithians Reservoir, local footpaths and bridleways are nearby, while a wider range of services is available in Penryn, Falmouth, Redruth, Helston and Truro. The cottage has oil-fired central heating, mains electricity, a shared borehole supply with a shared mains-water back-up, and a private septic tank. The drainage system is not believed to comply with the General Binding Rules 2015, so buyers should make their own enquiries. A public footpath crosses the shared access track, and the buyer must install and maintain a stock-proof fence along specified paddock boundaries. The paddock is subject to an 80-year overage clause, payable at 25% of any increase in value following planning consent for a non-agricultural or non-equestrian use. The property is offered for sale by private treaty with vacant possession.

WHOTS analysis

Our WHOTS verdict

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

33out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached cottage has a clear improvement canvas: a 0.43-acre plot, countryside surroundings near Stithians Reservoir, and a standing exterior with double glazing. Inside, worn finishes and damp-like staining in several areas, alongside the listing’s warning of damp and water ingress, point to a substantial programme of investigation and making good; the partly refurbished elements offer a starting point rather than a finished result.

At £350,000, it is dear against the local £/sqf benchmark. With substantial works also in the picture, the purchase price plus the programme leaves costs stretched against local benchmarks for a home of this floor area; that comparison is not a forecast of renovated value.

Key opportunities

  • Rework the dated interior finishes and make-good after investigating moisture, creating a more cohesive home from the partly refurbished cottage.
  • Improve the basic kitchen and shower room as part of a broader interior programme.
  • Restore the overgrown garden edges and make better use of the 0.43-acre plot and adjoining paddock.

Key risks

  • Damp-like staining and deterioration appear in several interior areas, and the listing reports damp and water ingress; the source and extent need careful investigation.
  • The asking price together with a substantial works programme leaves the project’s cost position stretched against local benchmarks for this floor area.
  • Worn finishes and moisture-related making-good across several areas mean this is a multi-stage programme, not a cosmetic refresh; allow for investigation, drying and coordinated work before the interior is finished.
  • Headroom after works looks limited when the asking price sits alongside the indicated works scale — around 20% above what similar-sized stock commands locally today; we have not assumed a post-renovation resale figure.

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Map

Location

Carnmenellis, Redruth, Cornwall, TR16
Loading map...

Transport

Nearest stations

  • Penryn Rail Station

    3.5 miles

    Train · Penryn

  • Redruth Rail Station

    4.4 miles

    Train · Redruth

  • Perranwell Rail Station

    4.6 miles

    Train · Perranwell Station

  • Penmere Rail Station

    5.0 miles

    Train · Penmere

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,430
Based on a loan of £262,500 over 30 years at 5.13% 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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