Bellevue, Redruth TR15
South West
£125,000
Listed on 27/08/2026
Listed on 27/08/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
637 sqftFeatures
- Garden
Description
This two-bedroom Cornish miners’ terrace cottage is offered as a refurbishment project. The ground floor has an entrance hall, an open-plan lounge and dining room with a gas fireplace, a kitchen and a bathroom. Upstairs are two double bedrooms, including one with a built-in wardrobe. The property has gas central heating, and the listing describes the windows and entrance door as uPVC double glazed.
The kitchen and bathroom are identified as requiring modernisation, alongside redecoration and updates to the heating and electrics. The rear garden is mainly hardstanding, with a block-built storage shed and access from a rear lane. Its existing layout could be reworked as a courtyard-style outdoor space. The agent states that the property is understood to be mortgageable; buyers should verify the condition and services independently.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
64out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £125,000, this two-bedroom Cornish miners’ terrace is priced at £196/sq ft, around 29% below the local average—a strong acquisition point for a buyer looking to create value. The generous open-plan lounge/dining area and traditional character provide a useful canvas, while the dated kitchen and bathroom, worn finishes and concrete rear garden offer clear scope to reshape and modernise the home.
Key opportunities
- Rework the generous open-plan lounge and dining area into a more contemporary, comfortable living space while retaining the cottage’s character.
- Replace the dated kitchen and modernise the bathroom to give the two-bedroom home a coherent, updated finish.
- Soften or reorganise the concrete rear garden into a more inviting courtyard, with the existing outbuilding and rear access adding practical potential.
Key risks
- The £35,000–£60,000 works range, alongside the stated heating and electrical updates and visible wear across several rooms, makes this a substantial budget and programme rather than a cosmetic refresh.
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Finance
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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.
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