ST IVES, CORNWALL
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ST IVES, CORNWALL

By Cross Estates

£ 50,000

Reviews

2 out of 5 stars

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 %
from 519,752.00 £
Est sale value
295,680.00 £
Increased by 4.35 %
from 283,360.00 £
Average area rental value
2,300.00 £/mo
Increased by 76.11 %
from 1,306.00 £/mo
Est letting value
1,120.00 £/mo
Increased by 100.00 %
from 560.00 £/mo
Est rental Yield
6.20 %
Increased by 105.30 %
from 3.02 %
Crime Rate
41.00 %
Unchanged by 0.00 %
from 41.00 %

Agent Activity

  • Cross Estates marked this listing as sold.

  • Cross Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Ives Children'S CentreChildren's Centre Linked Site0.39 KM
St Ives Infant SchoolAcademy ConverterGood0.48 KM
St Ives Junior SchoolCommunity SchoolOutstanding0.58 KM
St Ives SchoolAcademy Sponsor LedGood1.09 KM
St Uny Cofe AcademyAcademy ConverterGood3.11 KM

Images

Photo 1 Photo 3 Photo 5 Photo 2 Photo 4

Nearby Streets

NameAverage PriceAverage SqftDistance
Street-An-Garrow £ 472,50000.00 KM
Chapel Street £ 500,00000.00 KM
Bullan's Lane £ 000.00 KM
Southfields Place £ 185,00000.00 KM
Trewyn Park £ 310,00000.00 KM

Nearby Transport

NameNLCTLCDistance
St Ives (Cornwall)3538SIV0.66 KM
Carbis Bay3542CBB2.73 KM
Lelant Saltings3498LTS5.92 KM
Lelant3539LEL6.00 KM
St Erth3537SER6.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
ST IVES, CORNWALL £ 50,000BUY4 / 100.00 KM
Drillfield Lane, St. Ives, Cornwall, TR26 £ 500,000BUY7 / 100.01 KM
Wesley Place, St. Ives, Cornwall, TR26 £ 385,000BUY7 / 100.04 KM
Wesley Place, St. Ives, Cornwall, TR26 £ 400,000BUY7 / 100.04 KM
Wesley Place, St. Ives, Cornwall £ 425,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
5 North Terrace £ 300,0000.04 KM
8 North Terrace £ 185,0000.04 KM
6 North Terrace £ 300,0000.04 KM
21 Wesley Place £ 151,5000.04 KM
29 Wesley Place £ 250,0000.04 KM