2-bedroom house · TR16 5TL
For saleListed 93 days
Opportunity summary
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About
This presents as a rare opportunity to purchase a detached character cottage, tucked away from passing traffic and offered for sale with no onward chain.
There is potential to create a warm and inviting home with an attractive garden to the front.
At present there are two double size bedrooms with an en-suite on the first floor, the ground floor benefits from a lounge with a granite lintel floor to ceiling fireplace and there is a kitchen/dining room which focuses on an oil fired Rayburn.
To the front of the cottage are two interconnecting conservatories which overlook the garden.
It should be noted that at present there is no parking at the property, however there is the potential to create this to the side of the cottage.
Whilst work is required, this has been reflected in the asking price and we would strongly recommend viewing our interactive virtual tour prior to arranging a closer inspection.
The cottage is accessed via an unmade lane off Pennance Lane and at present parking is only available in the lane.
The cottage is situated within a short distance of the centre of the village where one will find a late night convenience store, fish and chip shop and choice of Public Houses, schooling is also available within the village for younger children.
The major town of Redruth is within a mile and a half and here one will find both local and national shopping outlets, a mainline railway station with links to London Paddington and the north of England and the main A30 trunk road runs to the north of the town.
The university town of Falmouth on the south coast is some nine miles distant and Truro, the county town of Cornwall, offers a wide range of shops and restaurants and is within ten miles.
The north coast village of Portreath with its sandy beach and active harbour will be found within six and a half miles.
Accommodation Comprises UPVC double glazed door opening to:- Conservatory (13' 0'' x 8' 11'' (3.96m x 2.72m)) Two uPVC double glazed windows to the front and with uPVC double glazed French doors opening to the front garden.
UPVC double glazed door connecting through to the second conservatory and lounge. One wall with exposed stone, dwarf walling and ceramic tiled floor.
Lounge (14' 11'' x 11' 10'' (4.54m x 3.60m)) Single glazed window to conservatory.
Focusing on a floor to ceiling granite lintel fireplace housing a wood burning stove (not tested) and with a beamed ceiling. Night storage heater.
Stable door through to:- Kitchen/Diner (15' 7'' x 11' 9'' (4.75m x 3.58m) maximum measurements) UPVC double glazed door and window to second conservatory. Stairs to first floor.
Fitted with a range of eye level and base wood faced units having adjoining roll top edge working surfaces and incorporating a porcelain one and a half bowl sink unit with mixer tap.
Focusing on a 'Rayburn' oil fired cooker with back boiler and slate tiled floor.
Second Conservatory (11' 10'' x 9' 0'' (3.60m x 2.74m) plus recess) UPVC double glazed windows to front and side and uPVC double glazed French doors opening to the front.
Recessed stainless steel single drainer sink unit, ceramic tiled floor and exposed stone to one wall. Recess with plumbing for an automatic washing machine.
Door to:- WC UPVC double glazed window to the side. Close coupled WC and ceramic tiled floor.
First Floor Bedroom One (12' 7'' x 11' 9'' (3.83m x 3.58m) maximum measurements) Two uPVC double glazed windows to the front, painted exposed wood flooring and storage heater.
Doors open off to en-suite and bedroom two. En-Suite UPVC double glazed window to the front.
Focusing on an oversize shower tray with 'Mira' electric shower over, close coupled WC and pedestal wash hand basin.
Extensive ceramic tiling to walls and recessed airing cupboard with copper cylinder and immersion heater. Bedroom Two (12' 7'' x 12' 4'' (3.83m x 3.76m)) UPVC double glazed window to the front.
Exposed and painted wood floor. Storage heater.
Outside Front To the front the property benefits from an enclosed, private garden with mature hedging and shrubs, there is an attractive raised patio ideal for outside entertaining set to one side and to the rear of the garden there is a timber shed (9'6" x 9'6").
Set to one side is a former kennels and attached to this is a garage which has restricted access and is in need of modernisation. Attached to the side of the cottage there is a store.
Services Please be advised the property benefits from mains electricity and mains water and drainage is via a private septic tank. Agent's Note The property is band 'D' for Council Tax.
Directions From Redruth take the road towards Falmouth and after passing over the top of Lanner Hill take the first turning on the left into Pennance Road, take the turning on the right into Pennance Road and where the road narrows there is a lane on the right hand side which leads to the rear of the cottage.
As previously stated parking is not available with the cottage and it is advisable to drive past the entrance, parking in the wider part of Pennance Lane. If using What3words:- intervene.civil.debater
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.
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FAQ
About The Cottage, Pennance Lane, Redruth
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