Vell Lane, Delabole, Cornwall, PL33
By Kivells
£ 750,000
Reviews
3 out of 5 stars
Kivells says ..
Situated on the village edge near the North Cornish coast, Velland Farm offers a five-bedroom detached bungalow on 23 acres. With far-reaching views, it’s a unique lifestyle opportunity or development prospect (subject to planning) near Port Isaac and charming coastal villages.
Property Oracle says ..
This property in Delabole, Cornwall, presents a unique opportunity. It’s a five-bedroom detached bungalow, situated on a vast plot of land, promising substantial development potential, subject to planning permission. The location offers a quiet village life with a primary school close by, and the North Cornish coast is within reasonable reach. However, the property is in need of complete modernization. The interior images reveal outdated features, a dated kitchen and bathroom, and significant aesthetic improvements needed. The extensive grounds and potential for expansion or development are clear strengths. The property is listed at £750,000, the high price point reflects the sizeable plot. While the condition of the property is far from ideal and requires considerable investment for renovation, the potential value offered by the significant land area mitigates the cost, but still poses the question of whether the balance between investment and potential return is ideal for the buyer. Further investigation into comparable sales, planning permissions, and local market trends would provide a more robust valuation.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 9
- Bedrooms
- 5
- Bathrooms
- 1
- Sqft (est)
- 1,343.55
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
- 458,437.00 £Decreased by 4.05 %
- Est sale value
- 511,892.55 £Increased by 27.85 %
- Average area rental value
- 1,114.00 £/moIncreased by 37.02 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.92 %Increased by 43.14 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
Kivells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Delabole Primary School | Academy Sponsor Led | Good | 0.29 KM |
| St Teath Community Primary School | Academy Converter | 2.94 KM | |
| Tintagel Primary School | Academy Converter | Good | 4.51 KM |
| Tintagel Children'S Centre | Children's Centre Linked Site | 4.56 KM | |
| Camelford Community Primary School | Academy Converter | 5.23 KM |
Images
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Vell Lane, Delabole, Cornwall, PL33 | £ 750,000 | BUY | 6 / 10 | 0.00 KM |
| Holmstead, Delabole, PL33 | £ 490,000 | BUY | 7 / 10 | 0.10 KM |
| Planet Park, Delabole | £ 95,000 | BUY | 7 / 10 | 0.18 KM |
| Planet Park, Delabole | £ 120,000 | BUY | 5 / 10 | 0.18 KM |
| Planet Park, Delabole | £ 199,950 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Penhallow Parc | £ 395,275 | 0.27 KM |
| 6 Penhallow Parc | £ 260,000 | 0.27 KM |
| 5 Penhallow Parc | £ 380,000 | 0.27 KM |
| 16 Pengelly | £ 240,000 | 0.34 KM |
| 2 Pengelly | £ 210,000 | 0.34 KM |