The list price of £60,000 for a derelict barn and small plot of overgrown land is moderately reasonable considering the current market conditions. Comparable properties are significantly higher and this land is a development opportunity; the low price reflects the extensive work and possible planning hurdles involved in bringing the property up to a habitable standard. There is also significant risk associated with the condition and the fact that previous planning permission was refused.

Based on the provided photographs, the land and the derelict barn are in poor condition. The land is overgrown, littered with debris, and the barn shows significant signs of disrepair and neglect. This poor overall state necessitates significant work and investment before any development is possible.

The property is situated in Reawla Lane, Hayle, Cornwall. While the area benefits from proximity to Hayle town and its amenities, Reawla Lane itself appears to be a quieter residential lane. The presence of nearby schools and transportation links (though some distance away) adds to the location’s moderate appeal. However, the lack of immediate local amenities and its apparent rural setting somewhat detract from the score.

The land parcel appears relatively small, as evidenced by the photos and the plot size being unrecorded. While there is some space available, it is not substantial. The presence of an old barn could be seen as additional space or could be added cost and complexity based on its condition.