Lanner Hill, Redruth
By Clarke's Sales and Lettings Ltd
£ 179,950
Reviews
2 out of 5 stars
Clarke's Sales and Lettings Ltd says ..
A unique opportunity to purchase a building plot with planning permission for two three bedroom detached houses in the attractive village of Lanner. Planning Ref: PA18/10345
Property Oracle says ..
This listing is for a building plot in Lanner, Cornwall, with planning permission already granted for the construction of two three-bedroom detached houses. The plot’s location in Lanner offers a reasonably convenient location with a primary school nearby, and relatively easy access to Redruth and its train station. However, the land itself is currently overgrown and will require considerable preparation before construction can commence. This will represent a significant cost to the buyer. The architectural plans included show the proposed layouts for both houses, which would likely appeal to families or investors. The list price considers the potential value of the two completed properties, but prospective buyers should carefully assess the additional costs associated with site clearance, construction, and professional fees before committing to a purchase. The absence of any comparable recently sold plots in Lanner Hill makes precise valuation challenging. A thorough market analysis and a detailed cost-benefit assessment factoring in construction and planning are essential before any offer is made.
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
- 7
- Condition
- 3
- Location
- 6
- Land
- 4
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 2,977.84
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
- 908,241.20 £Increased by 0.66 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est letting value
- 2,977.84 £/mo
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 84.00 %Unchanged by 0.00 %
Agent Activity
Clarke's Sales and Lettings Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lanner Primary School | Academy Converter | 0.69 KM | |
| Trewirgie Junior School | Academy Converter | Good | 2.91 KM |
| Trewirgie Infants' School | Academy Converter | Requires improvement | 2.97 KM |
| Teyluva Children'S Centre | Children's Centre Linked Site | 3.16 KM | |
| Pennoweth Primary School | Academy Converter | 3.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| North Road | £ 0 | 0 | 0.00 KM |
| Pennance Terrace | £ 251,250 | 0 | 0.00 KM |
| Carn Marth Lane (Mining Trail) | £ 595,000 | 0 | 0.00 KM |
| South Drive | £ 0 | 0 | 0.00 KM |
| Cal Hill | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redruth | 3530 | RED | 2.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lanner Hill, Redruth | £ 179,950 | BUY | 5 / 10 | 0.00 KM |
| Lanner Hill, Lanner, Redruth, Cornwall, TR16 | £ 300,000 | BUY | Unknown | 0.00 KM |
| Lanner Hill, Lanner, Redruth | £ 264,950 | BUY | Unknown | 0.08 KM |
| Lanner, Redruth | £ 280,000 | BUY | 7 / 10 | 0.11 KM |
| Lanner Green, Lanner | £ 339,500 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Lanner Hill | £ 160,000 | 0.00 KM |
| 3 Lanner Hill | £ 235,000 | 0.00 KM |
| 5 Lanner Hill | £ 129,000 | 0.01 KM |
| 51 Lanner Hill | £ 123,500 | 0.01 KM |
| 63 Lanner Hill | £ 178,000 | 0.01 KM |