Scorrier Road, Redruth - Development site for nine units
By MAP Estate Agents
£ 650,000
Reviews
2 out of 5 stars
MAP Estate Agents says ..
An exciting opportunity to acquire a development site for nine dwellings with associated amenity space. The proposed scheme is for two terraces of three properties, a pair of semi-detached properties and a detached property. This is a brown field site of approximately half an acre and will ...
Property Oracle says ..
This property in Redruth, Cornwall, is a development site offering potential for constructing nine residential units. The site’s location offers some advantages, with relatively close proximity to Redruth town and several schools. Transport links are also reasonably accessible via Redruth train station. However, it’s important to note that the existing structures on the site are likely to require renovation, demolition, or both prior to construction of the new housing units. The site itself is moderately sized, but some areas appear overgrown and in need of attention. Determining the exact value requires more information; the lack of square footage data for the plot limits the assessment of price per square foot and overall valuation. The proposed development plan shows a layout that could create a variety of property types. In summary, this development site presents an opportunity but needs thorough due diligence before purchasing. Potential buyers should consider not only the acquisition costs but also anticipated renovation, construction, and associated expenses.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 5
- Bedrooms
- 0
- Bathrooms
- 0
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 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
MAP Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Treleigh Community Primary School | Foundation School | Outstanding | 1.47 KM |
| Pennoweth Primary School | Academy Converter | 2.44 KM | |
| Redruth Children'S Centre | Children's Centre | 2.44 KM | |
| Curnow School | Academy Special Converter | Outstanding | 2.61 KM |
| Teyluva Children'S Centre | Children's Centre Linked Site | 3.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Highburrow Close | £ 350,000 | 0 | 0.00 KM |
| Treven Noweth | £ 209,875 | 0 | 0.00 KM |
| Gwel Gwarthe | £ 0 | 0 | 0.00 KM |
| Homefield | £ 0 | 0 | 0.00 KM |
| Beechtree Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redruth | 3530 | RED | 2.71 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Scorrier Road, Redruth- Development site for three houses | £ 240,000 | BUY | 5 / 10 | 0.00 KM |
| Scorrier Road, Redruth - Development site for nine units | £ 650,000 | BUY | 5 / 10 | 0.00 KM |
| Briggan Close, Scorrier | £ 287,500 | BUY | Unknown | 0.08 KM |
| Scorrier Road, Redruth | £ 579,500 | BUY | 7 / 10 | 0.09 KM |
| Chenoweth Way, Scorrier, Redruth, TR16 5DS | £ 300,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Talgos Close | £ 315,000 | 0.20 KM |
| 11 Talgos Close | £ 214,000 | 0.21 KM |
| 36 Trelawney Avenue | £ 216,000 | 0.36 KM |
| 20 Trelawney Avenue | £ 370,000 | 0.36 KM |
| 23 Trelawney Avenue | £ 219,950 | 0.36 KM |