Lanner Hill, Redruth
CL

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 %
from 413,363.00 £
Est sale value
908,241.20 £
Increased by 0.66 %
from 902,285.52 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
2,977.84 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
84.00 %
Unchanged by 0.00 %
from 84.00 %

Agent Activity

  • Clarke's Sales and Lettings Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Lanner Primary SchoolAcademy Converter0.69 KM
Trewirgie Junior SchoolAcademy ConverterGood2.91 KM
Trewirgie Infants' SchoolAcademy ConverterRequires improvement2.97 KM
Teyluva Children'S CentreChildren's Centre Linked Site3.16 KM
Pennoweth Primary SchoolAcademy Converter3.22 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
North Road £ 000.00 KM
Pennance Terrace £ 251,25000.00 KM
Carn Marth Lane (Mining Trail) £ 595,00000.00 KM
South Drive £ 000.00 KM
Cal Hill £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Redruth3530RED2.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lanner Hill, Redruth £ 179,950BUY5 / 100.00 KM
Lanner Hill, Lanner, Redruth, Cornwall, TR16 £ 300,000BUYUnknown0.00 KM
Lanner Hill, Lanner, Redruth £ 264,950BUYUnknown0.08 KM
Lanner, Redruth £ 280,000BUY7 / 100.11 KM
Lanner Green, Lanner £ 339,500BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
47 Lanner Hill £ 160,0000.00 KM
3 Lanner Hill £ 235,0000.00 KM
5 Lanner Hill £ 129,0000.01 KM
51 Lanner Hill £ 123,5000.01 KM
63 Lanner Hill £ 178,0000.01 KM