Sold Cottage

Mid Cottage

WHEAL MONTAGUE, REDRUTH, NORTH COUNTRY, CORNWALL TR16 4AD

2 beds Listed 14 Oct 2013 (-4639d)

£124,950

Save

# 2 bedroom cottage for sale (TR16 4AD)

## Property Details

| Key | Value |
|-----|-------|
| Address | MID COTTAGE, WHEAL MONTAGUE, REDRUTH, NORTH COUNTRY, CORNWALL TR16 4AD |
| Price | £124,950 |
| Bedrooms | 2 |
| Last sold | £122,000 Feb 2006 |

## Description

ENTRANCE PORCH

LOUNGE 3.5m x 3.00m (11'5 x 9'10)  A floor to ceiling fireplace, an understairs cupboard and a radiator.

KITCHEN/DINER 5.00m x 3.20m (16'4 x 10'5)  Single drainer sink unit with adjoining work surfaces having cupboards and drawers plus space for white goods.  Eye level cupboards, a laminate floor, spotlights and a radiator.

UTILITY 2.30m x 1.40m (7'6 x 4'7)  Wall mounted Baxi boiler, laminate flooring and a radiator. This room is single glazed with a door to the garden.

FIRST FLOOR

BEDROOM 1 4.30m x 3.00m (14'1 x 9'10)  Two windows to the front, a cupboard and a radiator.

BEDROOM 2 3.10m x 3.00m (10'2 x 9'10)  Radiator.

BATHROOM  A panelled bath with a tiled surround and an electric shower. Wash hand basin and a WC.  Radiator.

OUTSIDE

There are well enclosed front and rear gardens, mostly laid to lawn and having a summerhouse overlooking the valley towards Illogan. There is parking available.

DIRECTIONS

From Avers roundabout take the Porthtowan exit towards North Country. Take the first left with a no through road sign and the cottage is the middle one in front of you.

## Property Photos

- ![Photo](/listings/photos/41205418/738642)
- ![Photo](/listings/photos/41205418/738643)
- ![Photo](/listings/photos/41205418/738644)
- ![Photo](/listings/photos/41205418/738645)
- ![Photo](/listings/photos/41205418/738646)
- ![Photo](/listings/photos/41205418/738647)
- ![Photo](/listings/photos/41205418/738648)
- ![Photo](/listings/photos/41205418/738649)
- ![Photo](/listings/photos/41205418/738650)
- ![Photo](/listings/photos/41205418/738651)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MID COTTAGE WHEAL MONTAGUE, NORTH COUNTRY, REDRUTH, KERRIER, CORNWALL, TR16 4AD | £122,000 | 22/02/2006 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| LINDEN LEA CLOSE HILL, REDRUTH, CORNWALL, TR15 1EW | £256,000 | 10/11/2022 | Detached |

**Area average:** £256,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £363,193 (29 Detached, TR16, 2024–2026)
- **Deviation:** -65.6%

## Rental Range

*ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £903/mo
- **Realistic:** £1,003/mo
- **Optimistic:** £1,103/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Bungalow, Beacon View Park, TR16 | £1,200/mo | 2 | 0.88 miles | OpenRent |

**Average rent: £1,200/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.96% (okay)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 11.5%
- **Cost-to-rent:** 8.7×
- **Monthly cashflow:** £563/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -10.9%
- **10y growth:** 17.8%

## House Price Index (HM Land Registry)

*Official index for Cornwall; Detached series; as of March 2026.*

- **1y growth (index):** -1.9%
- **5y growth (index):** 9.9%
- **10y growth (index):** 34.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10

/ 10

Property details

Tenure

FREEHOLD

Last sold

£122,000 Feb 2006

Local average

£363,193 (-65.6%)

Deprivation

Decile 4 (12,085 of 33,755)

Street crime

85 incidents within 1 mile (Apr 2026)

Key features

Mid Terraced Cottage
2 Bedrooms
Lounge
Kitchen/Diner
Utility
Bathroom
Gas Heating
Mostly Double Glazed
Gardens To Front & Rear
Parking

Additional details

Parking: Yes
Garden: Yes

Description

Situated in a lovely, rural location this centre cottage of three is really worth a look to appreciate what is on offer. Updated with gas heating, it is mostly double glazed and has an open fire in the lounge. Fine, open views are enjoyed from both aspects and there are gardens to both the front and rear. Parking is provided. Well placed for the A30, the town and North coast it is ideal for those wanting a rural setting yet being close to facilities.

ENTRANCE PORCH

LOUNGE 3.5m x 3.00m (11'5 x 9'10) A floor to ceiling fireplace, an understairs cupboard and a radiator.

KITCHEN/DINER 5.00m x 3.20m (16'4 x 10'5) Single drainer sink unit with adjoining work surfaces having cupboards and drawers plus space for white goods. Eye level cupboards, a laminate floor, spotlights and a radiator.

UTILITY 2.30m x 1.40m (7'6 x 4'7) Wall mounted Baxi boiler, laminate flooring and a radiator. This room is single glazed with a door to the garden.

FIRST FLOOR

BEDROOM 1 4.30m x 3.00m (14'1 x 9'10) Two windows to the front, a cupboard and a radiator.

BEDROOM 2 3.10m x 3.00m (10'2 x 9'10) Radiator.

BATHROOM A panelled bath with a tiled surround and an electric shower. Wash hand basin and a WC. Radiator.

OUTSIDE
There are well enclosed front and rear gardens, mostly laid to lawn and having a summerhouse overlooking the valley towards Illogan. There is parking available.

DIRECTIONS
From Avers roundabout take the Porthtowan exit towards North Country. Take the first left with a no through road sign and the cottage is the middle one in front of you.

Listed by

Redruth

Bill Bannister Estate Agents

Reference: 41205418

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address	Current	Potential	Floor area	Age band	Type
Copper Cottage, Wheal Montague, North Country, REDRUTH	86	97	101 m²	—	Detached
Valley View, Wheal Montague, North Country, REDRUTH	56	106	87 m²	England and Wales: before 1900	Terraced

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	22/02/2006 (20 years ago)	£122,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
LINDEN LEA CLOSE HILL, REDRUTH, CORNWALL, TR15 1EW	£256,000	10/11/2022	Detached

Area average: £256,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -10.9%

10y growth 17.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: Detached. As of March 2026.

1y (index) -1.9%

5y (index) 9.9%

10y (index) 34.6%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £903/mo

Realistic £1,003/mo

Optimistic £1,103/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Map view View on Google Maps View on OpenStreetMap Street View TR16 4AD

Address

Sparnon Gate, Redruth, Cornwall, England, TR16 4FA, United Kingdom

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	North Country Filling Station	0.2 miles
Shop	Northcountry Garage	0.2 miles
Bus stop	Harmony Close	0.2 miles
Train station	Paul's Loop	0.5 miles
Train station	Moseley Junction (High Level)	0.6 miles
Hospital	Mount Hawke Surgery	2.8 miles
University	Peninsula Dental School	6.5 miles
University	Games Academy Design Centre	7.0 miles

Street-level crime

Category	Count
Violence and sexual offences	40
Anti-social behaviour	13
Criminal damage and arson	8
Public order	8
Possession of weapons	4
Other theft	3
Vehicle crime	3
Burglary	2
Drugs	2
Shoplifting	2
Total incidents	85

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Curnow School	Other	0.6 miles	Outstanding — 15 Feb 2013
Pennoweth Primary School	Primary	0.7 miles	Good — 8 Sep 2014
Redruth School	Secondary	0.7 miles	Good — 21 Jan 2019
Treleigh Community Primary School	Primary	0.7 miles	Good — 9 Nov 2023
Trewirgie Junior School	Primary	1.1 miles	Good — 17 Sep 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Bungalow, Beacon View Park, TR16	£1,200/mo	2	0.88 miles	OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.96%

Max investor price (0.8%) £150,000

Target investor price (1%) £120,000

Gross yield 11.5%

Cost-to-rent ratio 8.7×

Monthly cashflow £563/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 18.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Enter House Number

Enter the house number to help us retrieve more accurate pricing history and property data.

Please log in to submit or correct the house number for this listing.