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See how verdicts work3-bedroom house · TR16 4JB
For saleListed 8 days
Opportunity summary
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About
Situated within the settlement of Sparnon Gate and convenient for the major town of Redruth, Illogan and the A30, Cask Cottage is a deceptively large home which forms part of a conversion to the 'Cornish Arms' Public House which dates from the 1860's.
Retaining many character features and extended to the rear, there are three double sized bedrooms and a remodelled bathroom on the first floor.
Approached from the rear there is access to a light and airy kitchen/dining/living area.
To the front is a generous lounge with feature stone fireplace and beamed ceiling, there is a utility room which also gives access to a WC.
Set off the inner hall is a staircase to the first floor with exposed stone featuring a 'quiet' reading area on the landing.
With the exception of two small windows, there is uPVC double glazing and the cottage is warmed by an lpg gas combination boiler.
To the rear is an enclosed secure garden which is ideal for those with pets and younger children and from here there is parking for three cars.
In summary, a character family home that requires a closer inspection to be fully appreciated, viewing our interactive virtual tour is strongly recommended prior to arranging a closer inspection.
Sparnon Gate is a settlement north of Redruth and within two miles of the town, the A30 trunk road is within one and a half miles, and the village of Illogan is a mile away.
The historic mining town of Redruth offers a mix of local and national shopping outlets, there is a mainline Railway Station with direct access to London Paddington and the North of England and Redruth is home to Kresen Kernow which houses the largest archive collection of Cornish history and is a mecca for those researching their past.
Portreath, on the rugged north coast with its sandy beach and active harbour is within three and a half miles, Truro the county town of Cornwall is within eleven miles and Falmouth on the south coast which is home to Cornwall's university, is a twelve mile commute.
Accommodation Comprises Approached from the rear, uPVC double glazed door with adjacent full height uPVC double glazed window opening to kitchen/dining/living room.
Living Area (17' 10'' x 12' 2'' (5.43m x 3.71m)) Wall hung lights, radiator and a wall mounted lpg 'Glo-Worm' gas combination boiler.
Kitchen/Diner (18' 2'' x 12' 2'' (5.53m x 3.71m)) Fitted with a range of eye level and base units on two sides arranged to form a partial room divider and with an adjoining roll top edge working surface incorporating a stainless steel single drainer sink unit with mixer tap.
Built-in stainless steel oven with ceramic hob and stainless steel hood over. Integrated fridge/freezer and integrated dishwasher. Slate tiled floor, radiator and storage cupboard.
Double glazed skylight. Door to:- Inner Hallway Slate floor, two walls with exposed stone and stairs to first floor. Radiator. Two small single glazed windows to the rear.
Doors open off to:- Lounge (26' 1'' x 12' 10'' (7.94m x 3.91m)) Two uPVC double glazed windows to the front and a door to the front.
A generous room with exposed stone walling and featuring a semi-recessed wood burning stove set within the floor to ceiling stone fireplace.
At the opposite end of the room there is a further floor to ceiling stone fireplace which is non functional, there is a slate tiled floor and open beamed ceiling. Inset spotlighting and two radiators.
Utility Room (6' 4'' x 5' 8'' (1.93m x 1.73m)) Base units and an adjoining square edge working surface and incorporating an inset colour coordinated single bowl sink unit with mixer tap.
Ceramic tiled splashback, space beneath counter for tumble dryer and automatic washing machine. Open beamed ceiling.
Door to:- Cloakroom Remodelled with a contemporary style hidden cistern WC, vanity wash hand basin with mixer tap and ceramic tiled splashback. Beamed ceiling.
First Floor Landing Exposed stone area to the head of the stairs ideal for placing a chair to read a book etcetera and with a ledge and brace door to the main central landing which has a positive pressure ventilation system installed.
Wood doors open off to:- Bedroom One (12' 9'' x 9' 3'' (3.88m x 2.82m)) UPVC double glazed window to the front. Painted stone walls, five door wardrobe unit and original floorboards. Radiator.
Bedroom Two (9' 5'' x 7' 0'' (2.87m x 2.13m)) UPVC double glazed window to the front. Painted stone walling and radiator.
Bedroom Three (9' 3'' x 8' 9'' (2.82m x 2.66m)) UPVC double glazed window to the front. Painted stone walling and recess to walk-in hanging cupboard. Radiator. Bathroom Double glazed 'Velux' skylight.
Remodelled in a contemporary style with a vanity wash hand basin, hidden cistern WC, jacuzzi style bath and oversized doorless entry shower enclosure with Triton electric shower. Towel radiator.
Extensive tiling to walls and exposed beams with spotlighting. Outside Rear The rear garden is enclosed, safe and secure for younger children and is largely lawned with gravelled areas.
There is a barbeque space, generous patio. Timber storage shed. The gate from the rear of the garden leads out onto a gravelled parking area which is suitable for three vehicles.
Services The property benefits from a metered water supply, mains drainage and mains electricity. Agents Note The Council Tax band for the property is band 'C'.
Our vendor informs us that the flat roof to the rear was replaced in 2014 and has the residue of a 20 year guarantee, whilst timber treatment was undertaken in 2016 and benefits from the residue of a 12 year guarantee.
Directions From Avers roundabout, proceed down the hill on the A3047 and at a mini-roundabout take the second exit onto Portreath Road turning right, at a wide junction take the left hand turning into Old Portreath Road and at a staggered crossroads turn left and then immediately left into the parking area behind the cottage.
If using What3Words:- Blip.Pannels.Misty.
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
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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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