Roserrow Units, Rock.
CO

Roserrow Units, Rock.

By Cole Rayment & White

£ 175,000

Reviews

2 out of 5 stars

Cole Rayment & White says ..

Industrial Unit completed in 2023 class E use, Office, Retail and Storage. Situated just off Trewiston Lane, in Rock is this very handy commercial unit with double height storage, WC and hand basin and first floor office.

Property Oracle says ..

The property is located in Rock, Cornwall, which is known for its beautiful coastal location and proximity to popular tourist destinations. The area benefits from a good selection of local amenities and is within a reasonable distance of several well-regarded primary schools. However, the lack of nearby transportation links might be a drawback for some buyers.

Based on the provided images, the property appears to be a new build or recently constructed garage unit. The interior is unfinished, with exposed brickwork and plasterboard, indicating that significant work is still required to complete the fit-out. The property is essentially a shell, requiring substantial investment to make it habitable or suitable for its intended purpose.

The property does not have any land associated with it. It is a garage unit within a larger development.

Given the list price of £175,000, average house prices in the area, and the unfinished state of the property, the price seems high. The average price per square foot in the area is £235, but this is based on houses, not garage units. The lack of comparable properties makes it difficult to definitively assess the value, but the price appears to be above average for a similar-sized unit in an unfinished state. Further research into the local market for commercial or industrial units would be needed for a more accurate assessment.

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
4
Condition
3
Location
8
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
431.00

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
1,036,538.00 £
Increased by 46.88 %
from 705,708.00 £
Est sale value
336,611.00 £
Increased by 37.74 %
from 244,377.00 £
Average area rental value
1,192.00 £/mo
Decreased by 22.50 %
from 1,538.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 431.00 £/mo
Est rental Yield
1.38 %
Decreased by 47.33 %
from 2.62 %
Crime Rate
46.00 %
Unchanged by 0.00 %
from 46.00 %

Agent Activity

  • Cole Rayment & White marked this listing as sold.

  • Cole Rayment & White created the listing.

Nearby Schools

NameTypeOfstedDistance
St Minver SchoolAcademy ConverterGood0.29 KM
St Issey Church Of England Primary SchoolAcademy Converter5.84 KM
Padstow SchoolAcademy ConverterRequires improvement6.24 KM
St Breock Primary SchoolAcademy ConverterGood6.89 KM
Wadebridge & Camelford Children'S CentreChildren's Centre7.17 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Tredrizzick Close £ 000.00 KM
Cantillion Close £ 000.00 KM
Sycamore Close £ 000.00 KM
Longhouse Lane £ 000.00 KM
Sandyhills £ 657,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Roserrow Units, Rock. £ 175,000BUY4 / 100.00 KM
Rockhaven Gardens, St. Minver, Wadebridge, Cornwall, PL27 £ 750,000BUY7 / 100.01 KM
Rock £ 475,000BUY6 / 100.05 KM
9 Rockhaven Gardens £ 495,000BUY8 / 100.06 KM
Rock £ 700,000BUY8 / 100.09 KM

Nearby Properties

AddressPriceDistance
4 Rockhaven Gardens £ 408,0000.01 KM
1 Rockhaven Gardens £ 625,0000.01 KM
20 Rockhaven Gardens £ 530,0000.01 KM
27 Rockhaven Gardens £ 130,0000.01 KM
17 Rockhaven Gardens £ 249,0000.01 KM