Vell Lane, Delabole, Cornwall, PL33
KI

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 The interior images reveal outdated features, a dated kitchen and bathroom, and significant aesthetic improvements needed.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 %
from 477,796.00 £
Est sale value
511,892.55 £
Increased by 27.85 %
from 400,377.90 £
Average area rental value
1,114.00 £/mo
Increased by 37.02 %
from 813.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.92 %
Increased by 43.14 %
from 2.04 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Kivells created the listing.

Nearby Schools

NameTypeOfstedDistance
Delabole Primary SchoolAcademy Sponsor LedGood0.29 KM
St Teath Community Primary SchoolAcademy Converter2.94 KM
Tintagel Primary SchoolAcademy ConverterGood4.51 KM
Tintagel Children'S CentreChildren's Centre Linked Site4.56 KM
Camelford Community Primary SchoolAcademy Converter5.23 KM

Images

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Nearby Listings

AddressPriceTypeScoreDistance
Vell Lane, Delabole, Cornwall, PL33 £ 750,000BUY6 / 100.00 KM
Holmstead, Delabole, PL33 £ 490,000BUY7 / 100.10 KM
Planet Park, Delabole £ 95,000BUY7 / 100.18 KM
Planet Park, Delabole £ 120,000BUY5 / 100.18 KM
Planet Park, Delabole £ 199,950BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
1 Penhallow Parc £ 395,2750.27 KM
6 Penhallow Parc £ 260,0000.27 KM
5 Penhallow Parc £ 380,0000.27 KM
16 Pengelly £ 240,0000.34 KM
2 Pengelly £ 210,0000.34 KM