Savills says ..
A truly unique and incredibly rare opportunity for development with land in the heart of the ‘Jewel’ of The Roseland Peninsula, Portloe.
Property Oracle says ..
The property is located in Portloe, a coastal village in Cornwall. The area is known for its scenic beauty and tranquil atmosphere. While the village itself may lack extensive amenities, its proximity to several well-regarded schools, such as Veryan Cofe School (Good Ofsted rating) and The Roseland Academy (Outstanding Ofsted rating), makes it attractive to families. The distance to these schools, however, should be considered. The lack of information regarding nearby transportation options is a factor to consider.
Based on the provided images, the property appears to be in need of some modernisation and updating. The interior features dated fixtures, fittings, and décor. The wallpaper, carpeting, and kitchen cabinetry are visibly worn and would likely require significant investment to bring the property up to a modern standard. This is reflected in the overall condition of the property.
The property includes a garden, which is a desirable feature, especially in a coastal location. The size of the garden appears relatively modest based on the aerial views, but it still offers outdoor space.
Considering the list price of £275,000, the average price in the area of £468,178, and the average price per square foot of £235, the property seems potentially underpriced. However, the need for significant renovations must be factored into the price. The absence of plot size information in square feet for both the subject property and comparable properties makes a precise price per square foot comparison difficult, and therefore a definitive conclusion on value cannot be made. The comparable properties show a wide range of prices, suggesting a varied market with properties requiring different levels of investment.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,559.91
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 %
- Est sale value
- 475,772.55 £Increased by 0.66 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est letting value
- 1,559.91 £/mo
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 0.00 %
Agent Activity
Savills created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Veryan Cofe School | Academy Converter | Good | 3.27 KM |
| The Roseland Academy | Academy Converter | Outstanding | 6.05 KM |
| Roseland Children'S Centre | Children's Centre Linked Site | 6.08 KM | |
| Tregony Community Primary School | Academy Converter | Good | 6.11 KM |
| Grampound-With-Creed Cofe School | Academy Converter | Good | 9.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tregonhawse | £ 0 | 0 | 0.00 KM |
| Trewartha Hall | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portloe, Truro, Cornwall, TR2 | £ 275,000 | BUY | 5 / 10 | 0.00 KM |
| Portloe, The Roseland | £ 599,950 | BUY | 6 / 10 | 0.03 KM |
| Portloe, Truro, Cornwall, TR2 | £ 2,250,000 | BUY | 8 / 10 | 0.03 KM |
| Portloe, Truro, Cornwall, TR2 | £ 599,950 | BUY | 7 / 10 | 0.06 KM |
| Portloe, Truro, Cornwall, TR2 | £ 395,000 | BUY | Unknown | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Coastguard Terrace | £ 85,000 | 0.39 KM |
| 1 Coastguard Terrace | £ 697,000 | 0.39 KM |
| 5 Coastguard Terrace | £ 372,740 | 0.39 KM |
| Trethenal Cottage | £ 310,000 | 0.87 KM |
| The Granary | £ 275,000 | 0.87 KM |