Cross Estates says ..
A chance to purchase a one bedroom upper floor flat situated within the coastal town of St Ives located at the top of Bedford Road being only a short walk down into the main town, shops, restaurants, harbour and beaches. The property is in need of full refurbishment. Property is being sold throug...
Property Oracle says ..
This one-bedroom property located on Drillfield Lane in St Ives, Cornwall, presents a unique investment opportunity. Situated in the desirable coastal town, the property benefits from proximity to amenities, beaches, and reputable schools. However, the property is in considerable need of renovation. The photos depict dated interiors, worn finishes, and require a complete overhaul. The absence of a garden is a significant drawback. While the list price of £50,000 appears low for St Ives, the considerable renovation costs must be factored into any potential purchase. A buyer should thoroughly assess the extent of the refurbishment required and obtain accurate cost estimates before making an offer. The property would be suitable for an investor willing to undertake a full renovation and potentially achieve a higher return on investment. Alternatively, it might appeal to a buyer who is comfortable with hands-on DIY projects and seeks a project to create their ideal coastal residence.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 560.00
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
- 444,916.00 £Decreased by 14.40 %
- Est sale value
- 295,680.00 £Increased by 4.35 %
- Average area rental value
- 2,300.00 £/moIncreased by 76.11 %
- Est letting value
- 1,120.00 £/moIncreased by 100.00 %
- Est rental Yield
- 6.20 %Increased by 105.30 %
- Crime Rate
- 41.00 %Unchanged by 0.00 %
Agent Activity
Cross Estates marked this listing as sold.
Cross Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Ives Children'S Centre | Children's Centre Linked Site | 0.39 KM | |
| St Ives Infant School | Academy Converter | Good | 0.48 KM |
| St Ives Junior School | Community School | Outstanding | 0.58 KM |
| St Ives School | Academy Sponsor Led | Good | 1.09 KM |
| St Uny Cofe Academy | Academy Converter | Good | 3.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Street-An-Garrow | £ 472,500 | 0 | 0.00 KM |
| Chapel Street | £ 500,000 | 0 | 0.00 KM |
| Bullan's Lane | £ 0 | 0 | 0.00 KM |
| Southfields Place | £ 185,000 | 0 | 0.00 KM |
| Trewyn Park | £ 310,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| St Ives (Cornwall) | 3538 | SIV | 0.66 KM |
| Carbis Bay | 3542 | CBB | 2.73 KM |
| Lelant Saltings | 3498 | LTS | 5.92 KM |
| Lelant | 3539 | LEL | 6.00 KM |
| St Erth | 3537 | SER | 6.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| ST IVES, CORNWALL | £ 50,000 | BUY | 4 / 10 | 0.00 KM |
| Drillfield Lane, St. Ives, Cornwall, TR26 | £ 500,000 | BUY | 7 / 10 | 0.01 KM |
| Wesley Place, St. Ives, Cornwall, TR26 | £ 385,000 | BUY | 7 / 10 | 0.04 KM |
| Wesley Place, St. Ives, Cornwall, TR26 | £ 400,000 | BUY | 7 / 10 | 0.04 KM |
| Wesley Place, St. Ives, Cornwall | £ 425,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 North Terrace | £ 300,000 | 0.04 KM |
| 8 North Terrace | £ 185,000 | 0.04 KM |
| 6 North Terrace | £ 300,000 | 0.04 KM |
| 21 Wesley Place | £ 151,500 | 0.04 KM |
| 29 Wesley Place | £ 250,000 | 0.04 KM |