Miller Countrywide says ..

Property Oracle says ..

This property is a significant development opportunity located in the desirable village of Goldsithney, Cornwall. The listing consists of a large stone barn with approximately 0.75 acres of land and an additional adjoining 1.85 acre field. Full planning permission is in place to convert the existing building into five residential units.

The aerial photographs reveal that the barn is in a dilapidated condition and will require extensive renovation or rebuilding. While the land itself offers considerable potential, the significant costs associated with the project should be carefully considered.

The location of the property is advantageous, situated in the village of Goldsithney which benefits from a community atmosphere and proximity to local amenities. St Hilary school, a highly rated primary school, is within walking distance. While there are other nearby schools, the closeness to St Hilary is a significant plus. The proximity to the nearby train station at St Erth also provides convenient access to other parts of Cornwall and beyond.

The lack of specific details such as square footage and number of bedrooms/bathrooms limits a precise valuation. However, based on comparable property sales in the area, the current list price appears quite high, particularly given the current state of the barn. However, the large plot of land and the potential for development offset some of this concern, and it might still present value depending on the buyer’s priorities and budget for the extensive renovations needed. A detailed cost analysis of the renovations would be necessary before making a final assessment of the overall value proposition.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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