Portloe, Truro, Cornwall, TR2
SA

Portloe, Truro, Cornwall, TR2

By Savills

£ 275,000

Reviews

2 out of 5 stars

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 %
from 413,363.00 £
Est sale value
475,772.55 £
Increased by 0.66 %
from 472,652.73 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
1,559.91 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Veryan Cofe SchoolAcademy ConverterGood3.27 KM
The Roseland AcademyAcademy ConverterOutstanding6.05 KM
Roseland Children'S CentreChildren's Centre Linked Site6.08 KM
Tregony Community Primary SchoolAcademy ConverterGood6.11 KM
Grampound-With-Creed Cofe SchoolAcademy ConverterGood9.03 KM

Images

Aerial Kitchen Hallway Bedroom Bathroom Reception Room Aerial Reception Room Aerial Aerial Property Driveway and Bridge Land Outbuilding Land Aerial Portloe Portloe

Nearby Streets

NameAverage PriceAverage SqftDistance
Tregonhawse £ 000.00 KM
Trewartha Hall £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portloe, Truro, Cornwall, TR2 £ 275,000BUY5 / 100.00 KM
Portloe, The Roseland £ 599,950BUY6 / 100.03 KM
Portloe, Truro, Cornwall, TR2 £ 2,250,000BUY8 / 100.03 KM
Portloe, Truro, Cornwall, TR2 £ 599,950BUY7 / 100.06 KM
Portloe, Truro, Cornwall, TR2 £ 395,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
3 Coastguard Terrace £ 85,0000.39 KM
1 Coastguard Terrace £ 697,0000.39 KM
5 Coastguard Terrace £ 372,7400.39 KM
Trethenal Cottage £ 310,0000.87 KM
The Granary £ 275,0000.87 KM