The Valley Floor, Portreath, Redruth, Cornwall, TR16 4QW
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The Valley Floor, Portreath, Redruth, Cornwall, TR16 4QW

By Connect-UK

£ 30,000

Reviews

3 out of 5 stars

Connect-UK says ..

SOLD BY CONNECT UK AUCTIONS: Strategic Land. Freehold Land Circa 5.3 Acres in an Excellent Location. Future potential for various development, subject to all necessary consents. Prospective purchasers must rely solely on their own enquiries.

Property Oracle says ..

This listing presents a significant opportunity in the form of a large plot of land (approximately 5.3 acres) in Portreath, Cornwall. The property is described as strategic land, indicating its potential for future development, likely subject to obtaining the necessary planning permissions. The location is advantageous, being near the coastal town and with proximity to a local primary school, but it is important to note that no detailed neighborhood information is given. The low list price is striking and suggests significant potential for profit but highlights the need for careful due diligence. This includes investigating potential environmental issues and obtaining clear confirmation of the property’s development possibilities. Prospective buyers should conduct thorough independent research into planning regulations and environmental surveys before committing to the purchase. The lack of photos or detailed information about the land’s character adds an element of uncertainty to the investment. Overall, this is a high-risk, high-reward opportunity suitable for investors with experience in land development and the resources to conduct thorough due diligence. It’s vital to understand the full implications and potential costs involved before proceeding.

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
5
Location
7
Land
9
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
534,992.00 £
Increased by 54.07 %
from 347,240.00 £
Average area rental value
1,250.00 £/mo
Increased by 8.13 %
from 1,156.00 £/mo
Est rental Yield
2.80 %
Decreased by 29.82 %
from 3.99 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Connect-UK marked this listing as sold.

  • Connect-UK created the listing.

Nearby Schools

NameTypeOfstedDistance
Portreath Community Primary SchoolAcademy ConverterGood0.94 KM
Illogan SchoolAcademy ConverterRequires improvement0.97 KM
Treloweth Children'S CentreChildren's Centre3.32 KM
Pool AcademyAcademy ConverterGood3.35 KM
Treloweth Community Primary SchoolAcademy ConverterGood3.35 KM

Images

Land reg 5.PNG Land reg 4.PNG Land reg 9.PNG Valley Floor Portreath Land reg 1.PNG Land reg 2.PNG Land reg 3.PNG Land reg 6.PNG Land reg 7.PNG Land reg 8.PNG

Nearby Streets

NameAverage PriceAverage SqftDistance
Park An Lann £ 000.00 KM
West Trewirgie Road £ 000.00 KM
Warwick Avenue £ 000.00 KM
Forthvean £ 425,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Redruth3530RED5.94 KM
Camborne3504CBN5.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Valley Floor, Portreath, Redruth, Cornwall, TR16 4QW £ 30,000BUY6 / 100.00 KM
Bridge Moor, Redruth, TR16 4QA £ 349,000BUYUnknown0.08 KM
Bridge Moor, Redruth, TR16 £ 550,000BUY6 / 100.11 KM
Bridge Moor, Portreath £ 390,000BUY6 / 100.23 KM
Tolticken Hill, Bridge Moor, Redruth, TR16 4FB £ 825,000BUYUnknown0.32 KM

Nearby Properties

AddressPriceDistance
1 Bridgemoor Cottages £ 275,0000.11 KM
2 Bridge Row £ 140,0000.93 KM
5 Bridge Row £ 154,0000.93 KM
8 Bridge Row £ 150,0000.93 KM
4 Bridge Row £ 258,0000.93 KM