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Lanner Hill, Lanner, Redruth TR16 - Image 1
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Lanner Hill, Lanner, Redruth TR16

South West

£125,000

Listed on 27/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
856 sqft

Description

This two-bedroom terraced house presents a promising investment opportunity for those looking to undertake a renovation project. The property features an entrance hallway, two separate reception rooms, a kitchen, and a rear bathroom, all of which require modernisation. Externally, you will find the advantage of off-road parking for one vehicle at the front and a spacious enclosed garden at the back that offers ample space for gardening enthusiasts to cultivate their own outdoor retreat. Located in the charming village of Lanner, this home benefits from its proximity to local amenities including shops, pubs, and schools. With its current configuration and night storage heating already installed, there is plenty of scope to enhance and add value through updates and improvements. The property is being sold with no onward chain, making it an appealing option for buyers ready to roll up their sleeves and bring this home into the modern age.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -54.5% below area average per sq ft

-54.5%
Potential saving
This Property
£146/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£302,065
10% above area average per sq ft
Potential ROI
+101.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -6.4%
5 year growth: +15.6%
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

Lanner Hill, Lanner, Redruth TR16
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Mortgage Calculator

£
£
£
%
%
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.

Stamp Duty Calculator

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