3-bedroom terraced house · TR15 3LQ
Sold STCListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to cash buyers only due to construction, this very nicely renovated three bedroom home benefits from a lovely rear garden and off road parking on the front.
Excellent access is available to a wide range of village amenities as Illogan is close by, the A30 link road, Tehidy country park and the beaches of the north coast are also within easy reach.
Internally there is a lounge with a large opening to the dining room with a lovely fitted kitchen overlooking the rear garden and a ground floor cloakroom with utility area where there was a shower which could be reinstated if required.
On the first floor are three good bedrooms and a re fitted bathroom. The property is warmed by gas central heating and is fully double glazed.
Externally there is off road parking to the front whilst to the rear a lovely garden which is enclosed and attractive with areas of seating to enjoy the sun.
There is a useful outbuilding workshop with rear access. Freehold property. Council tax band A. EPC D.
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
FAQ
About 16, Chariot Road, Redruth
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