Guide Price £40,000 (plus fees). For sale via National Online Auction on Monday 3rd November, ending 24 hours later. A Three Bedroom Mid-Terrace Property Requiring Refurbishment. Rear Garden & Garage. Legal pack available to download free of charge from our website.Freehold Three-Bedroom Mid-Terrace with Garage and GardenAn outstanding opportunity to acquire a freehold three-bedroom mid-terrace house located in the well-connected village of Troon, near Camborne. In need of refurbishment throughout, the property offers excellent scope to add value through modernisation — perfect for investors, developers, or owner-occupiers looking for a renovation project.
The accommodation comprises an entrance hall, sitting room, dining room, kitchen, and bathroom on the ground floor, with three bedrooms to the first floor. Outside, there is an enclosed rear garden and a garage, providing both private outdoor space and off-street parking or storage.
AUCTIONEERS NOTE Investment & Yield Potential
Once refurbished, similar three-bedroom homes in the Camborne area achieve rental values of approximately £800–£950 per calendar month (( ... )/( ... ), October 2025).
At a guide price of £40,000, this suggests a potential gross yield in the region of 24%–28%, depending on final rent achieved and refurbishment costs.
This makes the property particularly attractive to buy-to-let investors and auction traders seeking high-yielding stock in a strong Cornish rental market.
Comparable sales once renovated -
21 New Street sold in 2022 for £250,000
23 New Street sold in 2019 for £215,000 FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale. VIEWINGS Please telephone Auction House South West on[use Contact Agent Button] to request a viewing. NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.Tenure: FreeholdEPC Rating: D55Administration Fee: £1200 inc VAT payable on exchange of contracts.Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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