3-bedroom house · TR16 6ES
For saleReduced £5k (−1.6%) on 15 OctListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in a pleasant semi-rural setting on the outskirts of Four Lanes, this charming three-bedroom cottage offers an appealing combination of character, countryside surroundings and exciting future potential.
Enjoying a peaceful position on the outskirts of Four Lanes, whilst remaining within easy reach of Redruth, local amenities and transport links, the property is ideally suited to those seeking a quieter pace of life without sacrificing convenience.
The cottage provides comfortable and versatile accommodation, with well-proportioned living spaces that are perfectly suited to modern family living.
Retaining much of its traditional appeal, the property enjoys an abundance of natural light and a welcoming atmosphere throughout, creating a home that is both practical and full of character.
Externally, the property benefits from generous grounds and a pleasant outlook over the surrounding area, offering ample space to relax, entertain and enjoy the rural setting.
The semi-rural location provides the best of both worlds, combining the tranquillity of countryside living with straightforward access to nearby villages, schools, shops and the wider road network.
A particularly notable feature of this property is the significant development opportunity it presents.
Planning permission has been granted by Cornwall Council under reference PA26/01371 for the construction of a detached dwelling together with alterations to the existing vehicle access.
The approved scheme provides prospective purchasers with a rare opportunity to create an additional dwelling within the site, whether for multi-generational living, income generation, investment purposes or future resale potential.
Properties that combine an established family home with the benefit of a consented residential development opportunity are seldom available, making this an exciting proposition for a wide range of buyers.
Whether you are looking for a charming cottage to enjoy immediately, a project with scope for enhancement, or a site with genuine development potential, this unique offering is sure to attract considerable interest.
Viewing is highly recommended to fully appreciate the property's setting, existing accommodation and the exceptional opportunity afforded by the planning consent.
Value & comps
No previous sales on record.
Returns
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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 Highway Farm Cottage,, Loscombe Road, Redruth
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