3-bedroom bungalow · TR16 4DQ
Listing removedListed 555 days
Opportunity summary
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About
'Canella' is a link-detached non-estate bungalow situated in Paynters Lane and close to the local shops and amenities of Illogan.
Benefiting from uPVC double glazed windows and doors complemented by a recent installed air source heating system.
The accommodation comprises of an entrance hallway leading to a kitchen/diner, lounge, three bedrooms and a modern fitted bathroom suite.
One of the main features of the property are the mature well stocked gardens enjoying a good degree of privacy whilst to the front a single driveway leads to the garage.
The bungalow is ideally situated for accessing the local amenities as well as being situated close to the wider range of shops that are in both Redruth and Camborne towns.
The main A30 is also nearby enabling travelling to other parts of the county and beyond that much more convenient.
The north coastal villages of Portreath, Porthtowan and St Agnes offer delightful coastal walks taking in their breathtaking views.
The city of Truro is approximately twelve miles distant, this being the main centre in Cornwall for business and commerce and is home to The Hall for Cornwall.
Accommodation Comprises Stained glass double glazed door opening to:- Entrance Kitchen (14' 0'' x 7' 11'' (4.26m x 2.41m) plus recess) Double glazed windows to side and front elevation.
Single stainless steel sink unit with mixer tap. Range of base and wall mounted storage cupboards and work surfaces. Plumbing for automatic washing machine, recess for cooker and extractor hood over.
Range of work surfaces and part tiled walls. Plumbing for automatic washing machine. Inner Hallway Double glazed door to exterior. Built-in double cupboard, wall heater, access to loft.
Lounge (15' 11'' x 12' 6'' (4.85m x 3.81m) maximum measurements) Double glazed window to front elevation. Feature open fireplace with attractive surround and mantel and wall heater.
Doorways leading into hallway and front entrance. Bedroom One (12' 8'' x 11' 5'' (3.86m x 3.48m)) Double glazed window to rear elevation.
Bedroom Two (11' 1'' x 9' 4'' (3.38m x 2.84m)) Double glazed window to rear elevation. Bedroom Three (8' 11'' x 7' 10'' (2.72m x 2.39m)) Double glazed window to side elevation.
Built-in triple cupboard housing the immersion heater. Bathroom A modern suite comprising low level WC, pedestal wash hand basin and bath.
Part tiled walls, wall mirror with electric light, extractor fan and chrome heated towel rail. Double glazed window.
Exterior The property is approached via a single driveway giving access to the:- Garage (16' 5'' x 9' 0'' (5.00m x 2.74m)) Up and over door. Electric connected. Double glazed window to the rear.
Outside Front The front garden is laid to lawn with a good range of mature shrubs screening the property from the road whilst a pathway via the side of the property accessed via a pedestrian gateway leads to the side entrance with further shrubs and access to the:- Rear Garden The rear garden is enclosed and private with a patio and a greenhouse.
Access to the other side of the bungalow where the air source heat pump is positioned. Services Mains drainage, mains water, mains electric.
Agent's Note The Council Tax band for the property is band 'C'.
Directions Proceeding along Lower Broad Lane turn right into Richards Lane, continuing past the Illogan Football Club where the property is situated a short distance along on the left hand side where a map For Sale board has been erected for identification purposes.
If using What3words:- parading.successor.disprove
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 Canella, Richards Lane, Redruth
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