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Penhalurick, Redruth TR16

South West

£825,000
Listed on 12/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property offers a unique investment opportunity, set in a tranquil rural environment at the end of a private lane. The main residence features four bedrooms, including an en-suite master bedroom, and ample living space such as a lounge with a charming fireplace and a kitchen/breakfast room equipped with original features. Additionally, there is a well-maintained one-bedroom holiday let that has been operational for several years, potentially adaptable to residential use with the necessary permissions. A significant highlight is the existing planning permission for converting an adjacent single-story barn into an additional two-bedroom dwelling, providing a pathway to increase rental income or create further living space. The expansive grounds cover roughly 7.4 acres and comprise multiple enclosures of gently sloping pastureland alongside wetland areas, perfect for wildlife enthusiasts. With proper refurbishment and development, this property could yield substantial returns in this sought-after South West region.

Investment Analysis

(TR16 area)
Area Average
£318/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by +7.7% over the last 12 months
3 year growth: -15.0%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on TR16 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

Penhalurick, Redruth TR16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,022
Based on a loan of £618,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE