Worst House on the Street Logo
Southgate Street, Redruth, Cornwall TR15 - Image 1
Southgate Street, Redruth, Cornwall TR15 - Image 2
Southgate Street, Redruth, Cornwall TR15 - Image 3
Southgate Street, Redruth, Cornwall TR15 - Image 4
Southgate Street, Redruth, Cornwall TR15 - Image 5
Southgate Street, Redruth, Cornwall TR15 - Image 6
Southgate Street, Redruth, Cornwall TR15 - Image 7
Southgate Street, Redruth, Cornwall TR15 - Image 8
Southgate Street, Redruth, Cornwall TR15 - Image 9
Southgate Street, Redruth, Cornwall TR15 - Image 10
Southgate Street, Redruth, Cornwall TR15 - Image 11

Southgate Street, Redruth, Cornwall TR15

South West

£325,000
Listed on 01/09/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1399 sqft

Description

This four-bedroom Victorian home offers a unique opportunity for renovation and investment in the vibrant town of Redruth. The property retains much of its original character, featuring double bay windows that add charm to its façade. While the interior requires some refreshing, it presents ample potential to transform this space into a modern family residence. Upon entering, you are welcomed by a spacious entrance hall that provides access to various ground-floor rooms. The lounge and second reception area both showcase bay windows and feature fireplaces, making them inviting spaces for family gatherings or quiet evenings at home. The kitchen, equipped with contemporary wall and base units, overlooks the rear garden and is designed to accommodate modern appliances. On the first floor, the layout includes a family bathroom complete with a claw-foot bath and an oversized shower cubicle, offering a blend of classic style and practicality. Each of the four bedrooms is generously sized, providing flexibility for families or guests. The exterior features a small front garden set back from the road and an expansive rear garden accessible via a side lane. This outdoor space includes a hard-standing area with a timber outbuilding currently serving as utility space—ideal for those seeking storage or workshop opportunities. A large garage at the top of the garden provides additional potential for development or conversion. Located in an area known for its rich history and community spirit, this property stands out as not only a fixer-upper but also as an investment opportunity in a growing market. With thoughtful renovations, it can be transformed into an appealing family home that capitalizes on its prime location in Redruth.

Investment Analysis

(TR15 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£232/sq ft
Area Average
£278/sq ft

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£427,276
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Monthly Sales
19
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (TR15)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 5.9%
5 year growth: 30.4%
Investment Disclaimer: Analysis based on TR15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Southgate Street, Redruth, Cornwall TR15
Map showing location of Southgate Street, Redruth, Cornwall TR15
Open Map