We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · TR16 5RW
For saleReduced £25k (−20%) on 23 OctListed 20 daysAuction 18 Nov · in 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to acquire a deceptively spacious 3 bedroom terraced house in the heart of the village via Online Auction: End date Wednesday 18 November 2026 at 4:30pm.
Method Of Sale The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 18 November 2026, ending at 4:30pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website - on the Auction Page.
Situation The property is situated in the heart of the popular village of Carharrack.
The village is lively and has a thriving community that is served with a range of facilities including a well stocked general store.
The village enjoys a friendly and strong community with a village Church and Methodist Chapel, Chinese takeaway, village hall and popular sports and social club with associated football ground.
For those that enjoy the outdoors, there are a number of former mining trails that cross the village spanning from Devoran through to Portreath.
Carn Marth is accessible which is the second highest peak in the county with mineral tramways appealing to ramblers, dog walkers and cyclists alike.
The property enjoys a central Cornish location from which you can access stunning beaches on both the North and the South Coasts as well as the nearby heritage sites.
The A30 is within easy reach offering easy links to major towns such as Truro, Redruth, Camborne, Falmouth and Helston.
Description The property would benefit from updating and refurbishment throughout but provides an exciting opportunity for anyone looking for such a project.
The property was formerly a post office but now forms a deceptively spacious 3 bedroom terraced house with generous living space.
The accommodation comprises; sitting room, dining room, kitchen and two storerooms on the ground floor. The first floor offers 3 double bedrooms and a family bathroom.
Outside there is a small rear courtyard with a former outside WC. Services Mains drainage, water and electricity (with heating via electric radiators).
Internet: Standard, Superfast and Ultrafast available (Ofcom). Phone Signal: Outdoor available (Ofcom). Please note the agents have not inspected or tested these services.
Viewings Strictly by prior appointment with the vendor's appointed agents, Stags.
Directions What3words.com: ///fitter.elastic.pigtails Proof Of Identity Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.
There will be a requirement for all bidders to register via the online sales site and complete the id checks. There is no charge for registration.
Buyers & Administration Fees The successful purchaser(s) will be liable to pay the Buyers Fee and Administration Fee, collected by Bamboo Proptech immediately post auction.
Buyers Fee - £2,400 inc VAT (retained by Stags/Bamboo Proptech as a contribution towards the online platform costs.) Additional Administration Fee - £1,200 inc VAT.
Deposit Payment Where stated on the property listing, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and 10% Deposit.
You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction.
Your card issuer may take up to 10 working days for this amount to be available to you in your account.
Legal Pack Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
Prospective purchasers will need to register with the Bamboo Proptech online platform in order to download the legal pack.
It is the purchaser’s responsibility to make all necessary enquiries prior to the auction.
Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
Solicitor Acting Fao Zoe Trethewey – Nalders, Farley House, 12 Falmouth Road, Truro, TR1 2HX.
Tel: Completion Date The completion date will be as dictated by the solicitor and included in the legal pack.
Definition Of Auction Guide And Reserve Guide price(s) are an indication of the seller’s expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction.
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Guide prices may change at any time prior to the auction.
Special Conditions Of Sale Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail.
Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png){kind=logo}
FAQ
About 5 Church Street, Church Street, Redruth
Explore nearby
