3 Bed Semi-Detached House, Refurb/BRRR, Camborne, TR14 9EJ, £235,000

Troon, TR14 9EJ - 3 views - 8 months ago

Sold STC
Refurb/BRRR
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£126.5K - £300K
Sold Prices/m²£1.6K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£200,087

 

 

End Value (After Refurb)

£251,217

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Refurb Costs

£40,616

Bridging Loan Interest

£6,169

Total Cash In

£115,535

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£251,217

Mortgage (After Refinance)

£188,413

Mortgage LTV

75%

Cash Released

£12,163

Cash Left In

£103,372

Equity

£62,804

Rent Range

£650 - £1,495

Rent Estimate

£985

Running Costs/mo

£1,002

Cashflow/mo

£-17

Cashflow/yr

£-205

Gross Yield

5%

Local Sold Prices

31 sold prices from £126.5K to £300K, average is £206K. £1.6K/m² to £5.1K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£252.5K11/200 mi5, Treslothan Road, Troon, Camborne, Cornwall TR14 9EJ3
£300K02/240 mi5, Treslothan Road, Troon, Camborne, Cornwall TR14 9EJ3
£226K11/210.11 mi38, Laity Road, Troon, Camborne, Cornwall TR14 9EL3
£206.5K04/240.11 mi14, Laity Road, Troon, Camborne, Cornwall TR14 9EL3
£206.5K04/240.11 mi14, Laity Road, Troon, Camborne, Cornwall TR14 9EL3
£240K04/230.15 mi39, Pendarves Street, Troon, Camborne, Cornwall TR14 9EG3
£185K01/210.17 mi9, Trethern Close, Troon, Camborne, Cornwall TR14 9ER3
£200K03/230.18 mi12, Trethern Close, Troon, Camborne, Cornwall TR14 9ER3
£240K11/230.18 mi11, Trethern Close, Troon, Camborne, Cornwall TR14 9ER3
£250K12/220.27 mi85, New Road, Troon, Camborne, Cornwall TR14 9ES3
£191K11/200.27 mi49, New Road, Troon, Camborne, Cornwall TR14 9ES3
£235K11/230.34 mi16, Polgine Close, Troon, Camborne, Cornwall TR14 9DZ3
£177K01/230.38 mi30, Grenville Gardens, Troon, Camborne, Cornwall TR14 9DT3
£191K10/200.39 mi6, Croft Common, Troon, Camborne, Cornwall TR14 9HT3
£126.5K02/210.4 mi41, Grenville Gardens, Troon, Camborne, Cornwall TR14 9DT3
£173K05/210.42 mi9, Polgine Lane, Troon, Camborne, Cornwall TR14 9DY3
£210K12/230.45 mi109, Grenville Gardens, Troon, Camborne, Cornwall TR14 9DU3
£173K03/240.73 mi44, Pendarves Street, Beacon, Camborne, Cornwall TR14 7SH3
£175K06/210.76 miBuena Vista, Tolcarne Road, Beacon, Camborne, Cornwall TR14 9AA3
£243.6K07/210.78 mi44, Knave Go By, Beacon, Camborne, Cornwall TR14 9AE3
£275K04/230.8 mi5, Bekelege Drive, Beacon, Camborne, Cornwall TR14 7SN3
£233K05/210.81 miThe Lodge, Bolenowe, Troon, Camborne, Cornwall TR14 9HR3
£290K12/220.83 mi13, Tolcarne Road, Beacon, Camborne, Cornwall TR14 7SF3
£205K02/210.89 mi38, Condurrow Road, Beacon, Camborne, Cornwall TR14 7SR3
£190K06/210.89 mi60, Fore Street, Beacon, Camborne, Cornwall TR14 7SE3
£190K06/210.89 mi60, Fore Street, Beacon, Camborne, Cornwall TR14 7SE3
£176.3K09/210.89 mi92, Fore Street, Beacon, Camborne, Cornwall TR14 7SE3
£175K11/230.9 mi51, Cadogan Road, Camborne, Cornwall TR14 7RY3
£150K10/200.9 mi47, Cadogan Road, Camborne, Cornwall TR14 7RY3
£206K01/230.92 mi29, Fore Street, Beacon, Camborne, Cornwall TR14 7SD3
£260K04/210.94 mi32, Fore Street, Beacon, Camborne, Cornwall TR14 7SD3

Local Rents

53 rents from £650/mo to £1.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,20012/230 mi-3
£1,20011/230.12 mi-3
£90002/251.14 mi-2
£1,10009/231.15 mi-3
£1,10002/251.15 mi-3
£95009/241.27 miLower Pengegon, Camborne. TR14 7UH3
£1,40011/231.3 mi-1
£1,40001/251.3 mi-1
£75002/241.34 mi-2
£90005/231.35 mi-3
£1,25009/231.37 mi-2
£85009/241.41 miWalters Way, Camborne, Cornwall, TR142
£90009/241.42 miCamborne2
£65010/241.43 mi-1
£70003/231.43 mi-3
£1,00003/241.43 mi-3
£1,10002/251.43 mi-3
£1,20009/241.44 miBasset Mews, Camborne, Cornwall, TR142
£1,10002/251.46 mi-3
£80012/241.47 mi-2
£1,10012/241.47 mi-2
£1,10012/241.47 mi-2
£1,10012/241.47 mi-2
£1,00009/241.49 mi-3
£80004/251.51 mi-2
£1,20009/241.52 mi-3
£95003/251.53 mi-2
£1,20004/251.53 mi-2
£1,15009/241.54 mi-3
£1,49503/251.54 mi-4
£92510/241.57 mi-2
£97508/241.58 mi-2
£99503/251.58 mi-2
£1,15011/241.59 mi-3
£90011/241.59 mi-2
£70009/241.59 miCommercial Street, Camborne., TR141
£65012/241.59 mi-1
£90003/251.6 mi-3
£90012/241.61 mi-2
£85001/251.62 mi-2
£85001/251.62 mi-2
£95010/241.62 mi-2
£95009/241.62 mi-2
£1,30003/251.62 mi-3
£1,25009/241.63 mi-3
£1,10002/241.64 mi-2
£1,15003/241.64 mi-2
£1,15009/241.64 miFore Street, Penponds, Camborne, TR142
£1,10003/231.66 mi-3
£1,10009/241.71 miRosevean Avenue, Camborne. TR14 8UG3
£95009/241.74 miOld School House, Piece, Carnkie2
£90009/241.74 mi-2
£90012/241.74 mi-2

Local Area Statistics

Population in TR14

24,578

Town centre distance

1.70 miles away

Nearest school

0.20 miles away

Nearest train station

1.34 miles away

 

 

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+43%

Property History

Listed for £235,000

August 13, 2024

Floor Plans

Description

  • Three Bedroom Semi-Detached House +
  • Lounge, Separate Dining Room +
  • Fitted Kitchen +
  • Family Bathroom Downstairs +
  • Utility Room +
  • Double Glazed & Central Heating +
  • Front Garden & Rear Enclosed Garden +
  • Garage & Driveway Parking +
  • No Chain +

Offered to the market with no onward chain requiring complete renovation, this well proportioned three bedroom semi detached house benefits from a large garden, parking on the drive and a garage. Troon is a thriving village with a good community spirit which also has a convenience store and a pharmacy. There is also a Primary School and good access to bus routes and Camborne Train station.

The accommodation comprises a lounge, separate dining room, a fitted kitchen, utility room and ground floor bathroom. On the first floor there are three good size bedrooms. The property is warmed by gas central heating but the double glazing requires attention in places. There has been a previous chimney leak which we are informed has been repaired. We have also been informed that the roof has been replaced in the last 10 years.

Externally there is parking on the drive leading to good size garage. The rear garden is well proportioned and requires landscaping but offers a good degree of privacy.

Freehold Property. Council Tax Band C. Awaiting EPC.

Accommodation Comprises:

Entrance Hall
UPVC door to front vestibule with stain glassed windows and door. Original features. Original tiled floor.

Hallway
A spacious hallway with original staircase to first floor. Original features throughout. Under stairs cupboard. Radiator. Doors to Lounge, Dining room and Kitchen.

Lounge 13'8" x 11'11" (4.17m x 3.63m)
A large reception room with original ceiling rose and picture rail. UPVC double glazed window to front. Gas fire set in fireplace. Radiator.

Dining Room 12'2" x 3.21 (3.7m x 3.21)
A second reception room with original wood sash window to rear looking into rear porch. Gas fire set in fireplace. Alcove shelving and cupboards. Picture rail. Radiator.

Kitchen Dining Room 12'6" x 9'6" (3.8m x 2.9m)
In need of replacement but serviceable is this fitted beech fronted matching base, wall and drawer cabinets. Space for fridge/freezer. Oven space inset fireplace. Alcove storage cupboards. Stainless steel single drainer sink with mixer tap. Tiled floor. Radiator.

Rear Entrance Porch 10'3" x 6' (3.12m x 1.83m)
UPVC double doors leading to rear garden in need of repair. Door to garage.

Utility Room 7'3" x 5'7" (2.2m x 1.7m)
Useful Utility space with plumbing for washing machine and space for tumble dryer. Combination boiler supplying hot water and radiators. UPVC double glazed window to side. Door to showroom.

Shower Room 7'1" x 5'7" (2.16m x 1.7m)
Shower room comprising of double shower enclosure with electric shower. Low level W.C Pedestal wash basin. UPVC double glazed window to rear. Fully tiled. Extractor fan.

Landing
Large landing with UPVC double glazed window to rear. Loft access. Doors to bedrooms

Bedroom 1 12'1" x 10'10" (3.68m x 3.3m)
Large double bedroom with UPVC double glazed window to rear. Picture rail. Radiator.

Bedroom 2 11'6" x 3.31 (3.5m x 3.31)
Second double bedroom with UPVC double glazed window to front. Picture rail. Radiator.

Bedroom 3 8' x 7'5" (2.44m x 2.26m)
Third bedroom with UPVC double glazed window to front. Picture rail. Radiator.

Garage 25'11" x 9'4" (7.9m x 2.84m)
A large garage with up and over garage door. Door to rear entrance porch. Power and light connected.

Garden
The property is set back from the approach by a large gravelled driveway suitable for 2-3 cars leading to the garage and front door. To the rear the large private garden is enclosed by walling and fencing. The garden is mainly laid to lawn and a paved patio. A pathway leads you to the rear of the garden where there is a block built outbuilding and greenhouse. The garden would make a superb area for children and pets or for sitting, relaxing and entertaining.

Agent Details

Redwood Estate Agents Limited, Redruth

01209 700987

Next Steps?

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