Kivells says ..

Property Oracle says ..

This listing presents a development opportunity in Tregadillett, Cornwall. The property consists of a 1.19-acre plot of land with planning permission in principle for nine dwellings (five affordable, four open market). The land appears relatively level and cleared, suggesting minimal site preparation might be necessary, though more information would be needed before confirming this. The location offers a balance between rural tranquility and proximity to a primary school. However, the absence of detailed information on transport links and precise costs associated with building the approved dwellings makes it difficult to fully assess the feasibility and profitability of the development. A review of comparable plots in the area, along with a complete cost analysis of construction and potential rental or sale yields will need to be undertaken prior to purchasing this property. The current list price of £250,000 represents a starting point which would be best supported by a thorough financial assessment taking into consideration the prevailing market conditions and building costs.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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