3 Bed Terraced House, Refurb/BRRR, Camborne, TR14 7LD, £200,000

College Street, Camborne - Chain free sale, ideal first time buyer, TR14 7LD - 18 days ago

Sold STC
Refurb/BRRR
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£142.5K - £425K
Sold Prices/m²£1.1K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£206,000
BMV3%

 

 

End Value (After Refurb)

£260,400

Uplift in Value

+30%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Refurb Costs

£40,616

Bridging Loan Interest

£5,250

Total Cash In

£108,816

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£260,400

Mortgage (After Refinance)

£195,300

Mortgage LTV

75%

Cash Released

£45,300

Cash Left In

£63,516

Equity

£65,100

Rent Range

£700 - £1,350

Rent Estimate

£1,088

Running Costs/mo

£1,051

Cashflow/mo

£37

Cashflow/yr

£440

ROI

0%

Gross Yield

7%

Local Sold Prices

50 sold prices from £142.5K to £425K, average is £225K. £1.1K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£175K10/230.09 mi53, St Martins Crescent, Camborne, Cornwall TR14 7HH3
£200K03/230.09 mi26, College Street, Camborne, Cornwall TR14 7LE3
£156.5K07/210.14 mi36, Manor Road, Camborne, Cornwall TR14 7EF3
£152K10/230.14 mi12, St Martins Crescent, Camborne, Cornwall TR14 7HQ3
£180K12/200.14 mi2, St Martins Crescent, Camborne, Cornwall TR14 7HQ3
£250K12/220.15 mi6, Trerise Road, Camborne, Cornwall TR14 7HG3
£230K04/240.16 mi11, Wellington Road, Camborne, Cornwall TR14 7LH3
£215K08/210.17 mi36, Wellington Road, Camborne, Cornwall TR14 7LQ3
£240K11/200.2 mi3, Weeth Close, Camborne, Cornwall TR14 7JJ3
£190K11/200.21 mi9, Mitchell Road, Camborne, Cornwall TR14 7JH3
£225K04/230.22 mi26, St Martins Terrace, Camborne, Cornwall TR14 7HP3
£180K04/210.22 mi9, Holman Avenue, Camborne, Cornwall TR14 7JQ3
£223K05/210.23 mi19, Holman Avenue, Camborne, Cornwall TR14 7JQ3
£245K04/210.23 mi28, Holman Avenue, Camborne, Cornwall TR14 7JQ3
£350K08/210.24 miAbbotsbury, Tregurthen Road, Camborne, Cornwall TR14 7DZ3
£412K01/210.28 miAvalon, 1, Lowenac Gardens, Camborne, Cornwall TR14 7EX3
£360K01/230.29 mi3, Westborne Road, Camborne, Cornwall TR14 7JD3
£210K11/230.31 mi15, Treswithian Park Road, Camborne, Cornwall TR14 7NH3
£425K12/220.32 miTregea Vean, 7, Tregenna Court, Camborne, Cornwall TR14 7QU3
£225K05/230.32 mi7, Vyvyan Street, Camborne, Cornwall TR14 8BQ3
£242K02/240.33 mi47, Treglenwith Road, Camborne, Cornwall TR14 7JA3
£172K05/230.33 mi17, Cross Street, Camborne, Cornwall TR14 8ES3
£255K12/230.34 mi20, Victoria Street, Camborne, Cornwall TR14 8HD3
£369K09/210.34 mi28, Basset Street, Camborne, Cornwall TR14 8SP3
£203.5K02/210.34 mi29, Chenoweth Close, Camborne, Cornwall TR14 7JR3
£270K07/210.34 mi6, Chenoweth Close, Camborne, Cornwall TR14 7JR3
£225K09/230.34 mi21, Chenoweth Close, Camborne, Cornwall TR14 7JR3
£250K08/230.35 mi7, Basset Street, Camborne, Cornwall TR14 8SW3
£370K02/230.35 miBelvedere, Reskadinnick Road, Camborne, Cornwall TR14 7LR3
£270K04/210.36 mi6, Jethan Drive, Camborne, Cornwall TR14 7XG3
£178K07/230.37 mi46, Trehane Road, Camborne, Cornwall TR14 7NT3
£154.9K06/210.37 mi65, Trehane Road, Camborne, Cornwall TR14 7NU3
£215K10/230.37 mi64, Trehane Road, Camborne, Cornwall TR14 7NU3
£287K02/240.37 mi14, Harefield Crescent, Camborne, Cornwall TR14 8TL3
£159K01/210.37 mi22, Enys Road, Camborne, Cornwall TR14 8TN3
£142.5K01/230.38 mi27, Enys Road, Camborne, Cornwall TR14 8TN3
£200K10/210.38 mi4, South Terrace, Camborne, Cornwall TR14 8ST3
£227K06/230.38 mi42, Union Street, Camborne, Cornwall TR14 8HF3
£199.9K05/210.38 mi62, Union Street, Camborne, Cornwall TR14 8HF3
£290K11/210.39 mi20, Langorran Road, Camborne, Cornwall TR14 7XQ3
£238.5K01/210.39 mi10, Harefield Crescent, Camborne, Cornwall TR14 8TL3
£245K11/200.39 mi4, Choughs Close, Camborne, Cornwall TR14 7XH3
£217K12/200.39 mi6, Primrose Close, Camborne, Cornwall TR14 7HS3
£375K05/210.4 mi19a, Tregenna Fields, Camborne, Cornwall TR14 7QS3
£235K12/200.4 mi9, Willow Drive, Camborne, Cornwall TR14 7HR3
£265K11/220.4 mi6, Willow Drive, Camborne, Cornwall TR14 7HR3
£173K09/210.41 mi33, North Parade, Camborne, Cornwall TR14 8BJ3
£175K06/210.42 mi31, Tolcarne Street, Camborne, Cornwall TR14 8JH3
£152K12/200.42 mi5, Tolcarne Street, Camborne, Cornwall TR14 8JH3
£187K05/210.42 mi35, Tolcarne Street, Camborne, Cornwall TR14 8JH3

Local Rents

13 rents from £700/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25009/240.27 mi-3
£1,30003/250.31 mi-3
£1,10010/240.36 mi-3
£1,25008/240.37 mi-3
£1,20009/240.41 mi-3
£1,00009/240.43 mi-3
£70003/230.47 mi-3
£1,00003/240.47 mi-3
£1,10002/250.47 mi-3
£1,10001/250.47 mi-3
£90005/230.52 mi-3
£1,10009/240.55 miRosevean Avenue, Camborne. TR14 8UG3
£1,35002/250.59 mi-3

Local Area Statistics

Population in TR14

24,578

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.46 miles away

 

 

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+43%

Property History

Listed for £200,000

March 18, 2025

Floor Plans

Description

  • Terraced stone fronted cottage +
  • Chain-free sale +
  • Ideal for first-time buyers +
  • Three bedooms +
  • Lounge and dining room +
  • Fitted kitchen +
  • First floor shower room +
  • Double glazing and gas central heating +
  • Enclosed generous garden to rear, garage and parking +
  • Requires some updating +

Offered for sale with no onward chain, this terraced stone fronted cottage is located on the edge of the town and a short distance from the A30 trunk road.

Requiring some modernisation, there are three bedrooms and a bathroom on the first floor, the ground floor benefits from a separate lounge and dining room and there is a fitted kitchen to the rear. One will find gas central heating and there is double glazing.

An attractive feature of this property is the lengthy garden to the rear which has been designed to be easy to maintain and includes a low maintenance gravelled area, artificial grass adjacent to a summerhouse and there is a vegetable plot with fruit trees.  Leading on to the rear of the garden, there is a garage and parking for two vehicles. 

Suitable for a practical first-time buyer looking to put their own mark on their first home, viewing our interactive virtual tour is strongly recommended prior to arranging a closer inspection.

Conveniently located for access to the town and local schooling, Camborne offers an eclectic mix of both local and national shopping outlets, there are banks and a mainline Railway Station which connects with London Paddington and the north of England.

The A30 trunk road can be accessed within half a mile, within twelve miles there is the county town of Truro which is the shopping centre for Cornwall and Falmouth, which is Cornwall's university town is within a similar distance. 

The north coast beaches of Portreath, Godrevy and Gwithian are all within six miles.

Agent Details

MAP Estate Agents, Barncoose

01209 707695

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪