A house with potential as an investment property is going up for sale in Porthleven.

Hillrise, 36 St Thomas Street, has a freehold guide price of £140,000 to £160,000.

An extended end-terrace property with four bedrooms, it is close to the thriving seaside village’s harbour and facilities including pubs and shops.

The property is among the lots in the second auction of 2020 by the regional land and property auctioneers Clive Emson on March 26.

Senior auction appraiser Dave Henwood said: “Hillrise requires some repair and updating but has great potential for investment. 

“As well as being suitable in due course for rent, holiday lets and owner-occupation, there is also the possibility for subdivision into two separate units subject to the necessary consents.”

Hillrise is being auctioned jointly with Christophers Estate Agents of Porthleven.

In Redruth, a house and neighbouring plot of land with outbuildings are going under the hammer separately at auction.

The end-terrace at 5 St Day Road has a freehold guide price of £80,000 to £90,000. The land to its rear – with a double garage, workshop and hobby room – has a freehold guide £20,000 to £30,000.

Mr Henwood added: “We expect keen interest in the house from investors wishing to start or add to their portfolio as well as owner-occupiers.

“The plot of land is an interesting and unusual proposition with existing outbuildings and access via an unmade track.

“It offers off-road parking and a fence gravelled area as well as outbuildings, which may appeal to local residents, builders and developers.

“The house and property are available in separate lots although quite naturally some bidders may see the advantage of acquiring both.”

Also in Redruth, a bungalow at 3 Clinton Close has a freehold guide of £90,000 to £110,000.

The detached property with two bedrooms is in a private location while being close to the town centre.

A three-bedroom house at 76 Albany Road, Redruth, has a freehold guide of £90,000 to £115,000.

Auctioneer Graham Barton said: “This is a character home just 100 metres from the delightful and landscaped acres of Victoria Park.

“It has a good-sized garden and off-street parking, and has obvious appeal for owner-occupiers.”

All four lots are being auctioned jointly with Bill Bannister Estate Agents of Redruth.

Also going under the hammer from Redruth is a one-bedroom cottage at 49 Plain-an-Qwarry with a freehold guide of £85,000 plus.

Close to the town centre, it is expected to appeal to owner-occupiers, investors and holiday home owners as it is effectively ‘ready to go’.

Clive Emson Auctioneers holds a regional auction at five locations, eight times a year (effectively one every six weeks) at venues across the whole of the South of England.

Starting at 11am, the second auction of the year takes place at the St Mellion International Resort, on Thursday, March 26, this time with a total of 159 lots.

Visit https://www.cliveemson.co.uk/properties/west-country/ for more details.