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See how verdicts work2-bedroom terraced house · TR15 1PJ
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for first time buyers or investment purposes, this terraced cottage offers two bedrooms with a first floor shower room, a lounge with French doors to the garden and a kitchen to the rear.
The property has double glazing, air source heating and the bonus of owned solar panels.
Externally there is an enclosed lawned front garden with mature shrubs and a shared rear court with pedestrian access.
Tucked away from the road, this terraced cottage has been the subject of improvement and updating over the years with an air source heat pump together with solar panels and double glazing.
It also has a Drimaster system for air circulation.
Two bedrooms are provided with the rear bedroom having a good view over the rooftops and Carn Brea castle and monument are quite visible from the front bedroom.
Externally there is a well enclosed front garden with a useful storage shed. There is a small shared court to the rear with a pathway leading out to the road.
In terms of location, there is a convenience store within a hundred yards and Redruth town centre, which offers both independent and chain stores, cafes, a cinema and public houses, can be accessed in less than ten minutes on foot or via a short drive.
The main line railway station in the town gives links to London and bus services to Truro and Falmouth and can be reached on foot in around seven minutes.
There are also countryside walks in the area and it should be noted that Carn Marth, the second highest point in Cornwall, can be accessed on foot in around thirty five minutes and offers far reaching views from coast to coast.
Further afield, Portreath Beach on the north coast is within fifteen minutes drive as well as many other local beaches and attractions being nearby. Hallway Stairs to the first floor.
Lounge (2.95m x 3.74m (9'8" x 12'3")) French doors to the front elevation. A tiled fireplace flanked by double cupboards and understairs storage. Laminate flooring and a radiator.
Kitchen (2.31m x 3.20m (7'6" x 10'5")) Single drainer stainless steel sink unit with working surfaces having cupboards and drawers beneath plus space for white goods.
Tiled floor, a tiled window sill and a radiator. Door to the rear. First Floor Bedroom 1 (3.98m x 2.89m (13'0" x 9'5")) Radiator and a built-in cupboard.
Bedroom 2 (2.73m x 2.20m (8'11" x 7'2")) Built-in cupboard, a view to Carn Brea and a radiator. Shower Room Shower cubicle with a Maxi shower, a wash hand basin with a splash back and a wc. Radiator.
Landing Loft access and a Drimaster unit. Outside To the front there is an enclosed lawned garden with a garden shed and pedestrian access to the main road.
To the rear there is a small shared court and the air source unit is secured above head height. There is a wc and access to the road.
Directions With Redruth railway station on your right proceed up Higher Fore Street and at the junction continue straight on into East End.
Having passed Furniture World on the right Lemon Place will then be found on the right hand side. Agents Note Tenure; Freehold. Council tax band: A.
Services Mains drainage, mains water, mains electricity, air source heating & owned solar panels.
Broadband highest available download speeds - Standard 15 Mpbs, Ultrafast 1800 Mpbs (sourced from Ofcom).
Mobile signal - EE - Good outdoor, Three - Good outdoor, O2 - Variable outdoor & variable indoor, Vodafone - Good outdoor & variable indoor (sourced from Ofcom).
Value & comps
No previous sales on record.
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 asking
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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
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FAQ
About 37, Lemon Place, Redruth
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