Launcells, Bude, Cornwall, EX23
KI

Launcells, Bude, Cornwall, EX23

By Kivells

£ 170,000

Reviews

2 out of 5 stars

Kivells says ..

For sale by Public Auction on Wednesday 21st February 2024, 7pm at The Strawberry Fields, Lifton. LOT 2: Approximately 21.66 acres of gently sloping grass and arable land with parish road frontage. No footpaths. Natural water supply with mains available close by. Auction Guide £17...

Property Oracle says ..

This property listing presents a unique opportunity but with significant unknowns. The listing highlights a substantial land area totaling over 63 acres (42.21 acres + 21.66 acres), which is a key asset. However, the property is located in a rural setting, quite distant from the nearest town, Bude. The lack of information about the building itself is a major drawback: the number of bedrooms and bathrooms are listed as zero, and there are no photos or descriptions of structures or their condition. The absence of this key information makes any realistic assessment of its condition or value extremely difficult. The list price of £170,000, while seemingly low for such a large plot, is highly contingent upon the presence and quality of any existing buildings. Nearby property prices vary significantly, ranging from approximately £40,000 to over £2,500,000. This highlights the impact of factors such as location, property type, and size, and further underscores the need for more details on the property in question. Potential buyers should be cautious and conduct thorough due diligence before making an offer. It’s crucial to obtain a full survey and seek professional advice to determine the true potential and associated costs of this land purchase.

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
5
Condition
1
Location
3
Land
10
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 %
from 413,363.00 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Kivells created the listing.

Nearby Schools

NameTypeOfstedDistance
Kilkhampton Junior And Infant SchoolCommunity SchoolGood4.81 KM
Bridgerule Church Of England Primary SchoolAcademy Converter6.41 KM
Bradworthy Primary AcademyAcademy ConverterGood8.23 KM
Stratton Primary SchoolCommunity SchoolGood8.72 KM
St Mark'S Cofe Primary School, MorwenstowVoluntary Aided SchoolOutstanding9.71 KM

Images

Picture No. 01

Nearby Streets

NameAverage PriceAverage SqftDistance
Lower Pigsdon Barns £ 000.00 KM