4 Highburrow Court, Pool, Redruth, Cornwall

Description

A three-bedroom end-of-terrace house situated within a cul-de-sac in Pool, conveniently located between the towns of Redruth and Camborne. The property is ideally positioned for access to the A30 and nearby mainline railway stations, providing excellent transport links. The property requires refurbishment throughout, presenting an excellent opportunity for buyers looking to modernise and add value. Once refurbished, the property would make an ideal family home or a potentially attractive investment opportunity.

Accommodation

Ground floor: Living Room 4.90m x 3.71m; Dining Area 2.49m x 2.31m; Kitchen 2.39m x 2.39m. First floor: Bedroom 1 2.69m x 3.91m; Bedroom 2 3.30m x 2.69m; Bedroom 3 2.39m x 1.91m; Bathroom 1.91m x 1.91m.

Location

Situated within a cul-de-sac in Pool, between the towns of Redruth and Camborne, with access to the A30 and nearby mainline railway stations.

Tenure / Property Information

Investment Analysis

The only relevant completed sale is 6 Highburrow Court, a freehold terraced property sold for £225,000 in August 2022. This supports a provisional post-refurbishment GDV of £225,000, but the comparable is dated and not confirmed identical in size or condition. No reliable current rental or refurbishment-cost evidence is supplied.

Investment Snapshot

Strategy Recommendation

Proceed only after inspection and legal-pack review establish refurbishment costs and special-condition fees. Do not rely on BTL or BRRR returns until rent and total project cost are confirmed.

Works Required

Refurbishment throughout as stated, including modernisation of the accommodation. Exact works, specification and costs require inspection and the legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A provisional £225,000 GDV is supported by the 2022 same-court comparable. At 75% of this GDV, indicative refinance proceeds would be £168,750, but total project cost and cash requirement cannot be calculated without works and other completion costs.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. Refurbishment costs are also unknown.

Flip Analysis

A flip assessment cannot be reliably quantified because refurbishment costs, selling allowance and current comparable evidence are unavailable. The 2022 £225,000 sale provides only a provisional resale benchmark.

Investor Risks & Due Diligence

• The property is stated to require refurbishment throughout.

• No sufficiently specific rental evidence is available.

• The principal comparable is from August 2022 and is not confirmed to be identical.

• Special Conditions may add search, legal, transfer or seller-cost reimbursements.

• Total project cost and maximum bid cannot be calculated from the supplied evidence.

Recommendation

Proceed only after inspection and legal-pack review establish refurbishment costs and special-condition fees. Do not rely on BTL or BRRR returns until rent and total project cost are confirmed.

Strategy Rating

Analysis Confidence

One relevant but dated comparable is available; rental evidence, refurbishment costs, occupancy details and possible disbursements are not supplied.