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See how verdicts work3-bedroom semi-detached house · TR15 2ND
For saleReduced £10k (−3.4%) on 20 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This most spacious Victorian houses offers well proportioned accommodation presented to a good standard.
On the ground floor there is a generous living room, dining room, fitted kitchen, breakfast room and bathroom.
Three bedrooms are to be found at first floor level, with the principal bedroom boasting views over Carn Brea monument. The house is double glazed and warmed via oil fired central heating.
There are generous gardens to the front and rear of the property and to the side there is a detached garage and driveway parking. We feel this makes a most comfortable family home.
Come and see for yourselves!
The property is located less than one mile from the centre of Redruth, on the southern side of the town providing easy access to the nearby village of Lanner and on to Falmouth/Penryn if required.
There is a bus stop in both directions a couple of hundred metres from the property. Redruth town offers a range of education, shops and facilities and also has a mainline rail link.
Falmouth has a wider range of recreational and shopping facilities with the cathedral city of Truro approximately twelve miles to the east.
The A30 trunk road is also within close proximity providing road travel east and west.
The village of Lanner offers a further range of services, places of worship, public houses and access onto the Lanner trail, an old mine working that provides off-road walking or biking.
Accommodation Comprises Double glazed panel door to :- Entrance Vestibule Encaustic tiled flooring. Glazed panel door with stained glass side panels to :- Entrance Hall Stairs rising to first floor.
Radiator. Doors to :- Lounge (14' 3'' x 12' 3'' (4.34m x 3.73m)) Double glazed bay window to front. Radiator. Television point.
Dining Room (11' 9'' x 11' 6'' (3.58m x 3.50m)) Sash window to breakfast room. Radiator.
Kitchen (9' 4'' x 8' 0'' (2.84m x 2.44m)) Fitted with a matching range of white wall and base cupboards with roll edge worksurfaces over. Built in stainless steel oven with hob inset to worksurface.
Space and plumbing for washing machine. Stainless steel single drainer sink unit. Complementary wall tiling. Radiator.
Doorway to :- Breakfast Room (10' 10'' x 10' 3'' (3.30m x 3.12m)) Obscure double glazed window to side. Door to rear courtyard.
Door to :- Bathroom Fitted with a white suite comprising paneled bath with electric shower unit over, concealed cistern WC and wash hand basin inset to vanity unit with cupboard below. Radiator.
Obscure double glazed window to side.
Half Landing Feature stained glass window, stairs to :- Landing Doors to :- Bedroom One (14' 2'' x 9' 9'' (4.31m x 2.97m)) A most generous light and airy room with double glazed bay window to front taking in views towards Carn Brea monument.
Radiator. Bedroom Two (11' 7'' x 11' 1'' (3.53m x 3.38m)) Double glazed window to rear. Feature cast iron fireplace with white surround and mantel. Radiator.
Bedroom Three (7' 9'' x 7' 1'' (2.36m x 2.16m)) Double glazed window to front.
Outside The property is fronted by a gated driveway parking area leading to the :- Detached Garage (13' 5'' x 9' 0'' (4.09m x 2.74m)) With metal up and over door and courtesy door to rear.
There is gated access to the side of the house where there is a courtyard and pathway leading to the Rear Garden A good sized garden which is mainly laid to lawn and enclosed by Cornish hedging making it child and pet friendly.
Services Mains water, mains electricity and mains drainage. Oil fired central heating. Agents Note Please be advised that the Council Tax band for the property is band 'C'.
Directions From the roundabout at the top of Lanner drop down the hill towards Redruth. The property will be found after approximately 500 yards on the right hand side.
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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.
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FAQ
About 98, Southgate Street, Redruth
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