Lodge & Thomas says ..
Character cottage in need of renovation or redevelopment and with planning for its replacement with a four bedroom house together with double garaging and a self-contained annexe. All set in approximately 1 acre of gardens and grounds.
Property Oracle says ..
This property in Callestick, near Truro, Cornwall, presents a unique opportunity for buyers looking for a project. The two-bedroom cottage offers a significant amount of land and is located in a tranquil setting with access to local amenities and schools. The property is listed as being in need of renovation or redevelopment, with planning permission potentially in place for a four-bedroom house, double garage, and self-contained annexe.
The existing cottage’s condition appears to be fair, but it shows its age. A buyer needs to factor in considerable refurbishment costs. The surrounding area is scenic, with access to good schools and Truro’s city centre and train station, though this will require using a car. The extensive garden is a notable advantage, making it a property potentially attractive to families and those seeking a substantial amount of land. The overall asking price should be critically evaluated in the context of renovation needs. A buyer will need to carefully assess the costs involved in bringing the property up to their desired standard and weigh those costs against the value of the land. A detailed structural survey is strongly recommended before making any offer.
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
- 8
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 592,492.00 £Increased by 21.25 %
- Average area rental value
- 900.00 £/moDecreased by 24.56 %
- Est rental Yield
- 1.82 %Decreased by 37.88 %
- Crime Rate
- 0.00 %
Agent Activity
Lodge & Thomas created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Shortlanesend School | Academy Converter | Good | 3.51 KM |
| Goonhavern Primary School | Community School | Good | 4.33 KM |
| Truro And Penwith College | Further Education | Outstanding | 4.65 KM |
| Truro School Preparatory School | Other Independent School | 4.68 KM | |
| Threemilestone School | Academy Converter | Good | 4.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| B3288 | £ 592,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Truro | 3540 | TRU | 6.41 KM |
| Perranwell | 3528 | PRW | 9.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Callestick, Truro | £ 485,000 | BUY | 6 / 10 | 0.00 KM |
| Callestick, Truro, Cornwall, TR4 | £ 200,000 | BUY | 7 / 10 | 0.10 KM |
| Callestick, Truro, Cornwall, TR4 | £ 800,000 | BUY | 7 / 10 | 0.10 KM |
| Callestick, Truro | £ 50,000 | BUY | 5 / 10 | 0.10 KM |
| Callestick, Truro, Cornwall, TR4 | £ 500,000 | BUY | 6 / 10 | 0.30 KM |