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See how verdicts work3-bedroom house · TR15 1AJ
No longer listedListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the very heart of Redruth, this well-presented three-bedroom mid-terraced property offers an excellent opportunity for first-time buyers, investors, or those looking to be close to local amenities.
The accommodation comprises a welcoming entrance hallway with original victorian tiles leading through to a spacious and light-filled living room, along with a second living space perfect for relaxing or entertaining.
To the rear, you’ll find a well-proportioned kitchen that follows through to a utility room and bathroom that also grants access to the outside courtyard that includes a shed and a potting area.
Upstairs, the property offers three bedrooms, including two comfortable doubles that also include an en suite and a well-sized single bedroom, ideal as a nursery, home office, or guest room.
A fixed staircase leads to a spacious attic which is has the option for a guest room/office with plentty of storage space with storage built into the eaves.
Externally, the property benefits from the rare advantage of a designated parking space directly outside, providing convenient off-road parking.
Being centrally located, the home is just a short walk from Redruth town centre, offering a range of shops, cafes, transport links, and local schools.
This property combines practicality, location, and potential, making it a fantastic choice for a wide range of buyers.
Key Features: Three bedrooms 2 reception rooms Mid-terraced property Central Redruth location Spacious living accommodation Parking space to the front Walking distance to amenities and transport links Early viewing is highly recommended to fully appreciate what this property has to offer
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
Agent & docs
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FAQ
About 3, Balmoral Terrace, Cornwall
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