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Paynters Lane End, Redruth TR16

South West

£350,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

Nestled in a tranquil spot within Illogan, this detached bungalow offers an excellent opportunity for renovation and personalization. While the property has been substantially updated to include spacious living areas and three bedrooms, it still holds potential for buyers looking to inject their own style or make further enhancements. The inviting kitchen/diner, along with a bright conservatory that overlooks a manageable rear garden, provides a solid foundation for modern living. One of the standout features is the expansive living room, complete with a contemporary media wall and attractive oak veneer flooring. The layout is adaptable and could suit families seeking space or individuals considering downsizing without sacrificing comfort. There’s also an added advantage of a covered walkway leading to additional facilities such as a wet room, storage room with electrics, and even a workshop/bar studio – perfect for versatile usage or home projects. The property’s external areas include low-maintenance gardens and private parking, all set within close proximity to local amenities including schools, healthcare services, and easy access to the A30 for commuters. For outdoor enthusiasts, the stunning North Cornish coastline featuring beautiful beaches is just a short drive away. This home presents not only comfortable living but also ample scope for future enhancement through expansions or creative renovations, particularly given that many neighboring properties have undergone similar transformations.

Investment Analysis

(TR16 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Paynters Lane End, 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
£1,322
Based on a loan of £262,500 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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