Ideal Homes says ..

Property Oracle says ..

This one-bedroom property in Kingsand, Cornwall, presents a unique investment opportunity. Located in the charming coastal village, it benefits from a desirable location close to the beach and offers the potential for significant expansion, thanks to approved planning permission to convert it into a two-double-bedroom, three-bathroom home. The current layout appears compact, with a cosy living space and a functional kitchen. The property’s small courtyard garden provides a private outdoor area. While the current structure has charm, its overall size is fairly modest, and the interior design style could be considered dated by some buyers. The inclusion of planning consent, however, makes this property a potentially attractive investment with high potential returns following the development and increase in value of property. The lack of precise square footage data for comparable properties makes it difficult to perform an exact price-per-square-foot comparison. Nonetheless, the list price seems reasonable in relation to other nearby properties, particularly given the future potential value following the expansion. This must be considered an investment with significant potential upside based on the planning consent. Buyers should be aware of the considerable work and planning required to fully realise this potential.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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