4-bedroom detached house · TR16 4FT
For saleListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a traffic-free position, this stylish and beautifully presented contemporary four-bedroom detached family home was built in 2021 and has been thoughtfully upgraded to provide spacious, high quality living including a superb open plan kitchen / dining room, a generous living room, integral garage and driveway, complemented by a landscaped low-maintenance garden, photovoltaic solar panels and a 9.5kw battery storage system.
Distances Illogan - 0.9; Tehidy Country Park and Golf Course - 2.1; Portreath - 2.7; Porthtowan - 3.2; St Agnes - 7.1; Gwithian - 7.6; Truro - 9.8; St Ives - 17.6; Cornwall Airport (Newquay) - 25.4 (All distances are approximate and in miles) The Location Illogan is a popular and well-served village, ideally positioned between the north Cornish coast and the amenities of Redruth.
Nearby Portreath is a favourite with surfers, walkers and beachgoers, while Tehidy Country Park offers around 250 acres of woodland, lakes, golf course and more than nine miles of paths, making the area especially appealing for those who enjoy the outdoors.
The village of Illogan has a strong sense of community and a good range of day-to-day facilities, including shops, a primary school, doctors’ surgery, pharmacy, pub and takeaways.
Redruth is close by for a wider choice of shops, schooling and leisure facilities, as well as a main line railway station with services on the London Paddington – Penzance route.
Access to the A30 is also straightforward, making this a practical location for travel throughout Cornwall. What3Words /// original.vowel.rails Tenure, services and material information Freehold.
Mains water and electricity. Private drainage. LPG gas (underground storage tank) providing central heating, underfloor heating (ground floor) and radiators (first floor).
Solar panels (13) and a 9.5 kw storage battery. EV charger. Council Tax: band E Broadband: FTTC (source:
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 Melyn Grove, Illogan
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