Old Cable Lane, PORTHCURNO
FL

Old Cable Lane, PORTHCURNO

By Fletcher Homes and Land

£ 1,295,000

Reviews

3 out of 5 stars

Fletcher Homes and Land says ..

An outstanding opportunity to purchase a 6 bed detached home with a self contained apartment & detached 2 bedroom home. Situated yards from Porthcurno Beach and the Minack Theatre. Currently ran as a successful holiday let & permanent residence.

Property Oracle says ..

This property in Porthcurno, Cornwall, presents an interesting investment opportunity. The six-bedroom main house, combined with a self-contained apartment and a separate two-bedroom house, offers considerable potential for generating rental income. Its location in the attractive village of Porthcurno, close to the beach and Minack Theatre, is a major selling point, likely attracting substantial tourist interest. The current setup allows for a blend of holiday lets and permanent residency. The property appears well-maintained from the photographs, though the interior design style shows a certain age and could benefit from modernization. The kitchen is adequate, with plenty of cupboard space and good sized appliances, however, some updates would be beneficial to make the property more modern. The outdoor space is limited in size, comprising mainly a paved and gravelled area, with a small garden area and patio. The availability of a secondary external structure provides additional space that could be used for many purposes. Overall, the high asking price is influenced by its prime location and potential as a multi-unit rental property. A detailed property survey and valuation are advised to assess the current market value and compare this to the list price for a final decision.

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

Price
7
Condition
7
Location
9
Land
4
Bedrooms
6
Bathrooms
6

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
380,500.00 £
Decreased by 7.95 %
from 413,363.00 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
244.00 %
Unchanged by 0.00 %
from 244.00 %

Agent Activity

  • Fletcher Homes and Land created the listing.

Nearby Schools

NameTypeOfstedDistance
St Levan Primary SchoolFoundation SchoolGood1.41 KM
Sennen Community Primary AcademyAcademy Converter4.64 KM
St Buryan Primary SchoolAcademy ConverterGood4.90 KM
St Just Primary SchoolAcademy ConverterGood8.98 KM
St Just Children'S CentreChildren's Centre Linked Site9.16 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Crossfields £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Cable Lane, PORTHCURNO £ 1,295,000BUY6 / 100.00 KM
Porthcurno, St. Levan, Penzance, Cornwall, TR19 £ 700,000BUYUnknown0.08 KM
Porthcurno, St. Levan, Penzance, Cornwall, TR19 £ 700,000BUYUnknown0.08 KM
The Valley, Porthcurno, St. Levan, Penzance, TR19 £ 165,000BUY5 / 100.10 KM
The Valley, Porthcurno, St. Levan, Penzance, TR19 £ 165,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
14 The Valley £ 53,0000.25 KM
4 The Valley £ 430,0000.25 KM
13 The Valley £ 35,0000.25 KM
20 The Valley £ 312,5000.25 KM
8 The Valley £ 40,5000.25 KM