Worst House on the Street Logo
Troon - Image 1
Troon - Image 2
Troon - Image 3
Troon - Image 4
Troon - Image 5
Troon - Image 6
Troon - Image 7
Troon - Image 8
Troon - Image 9

Troon

South West

£200,000
Listed on 13/06/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property offers a rare opportunity to secure building plots for two semi-detached houses, situated in a serene corner of the village, just a short stroll from local shops and essential services like the post office. The planned layout includes three bedrooms, a kitchen/dining area, a sitting room, cloakroom, and bathroom for each unit, ensuring functional living spaces tailored to modern needs. Each property will benefit from private rear gardens and allocated parking, enhancing their appeal for future occupants. The planning permission is already in place (Cornwall Council Reference PA20/05854), with a technical start on site having been initiated to maintain its active status. Key groundwork has been completed: outbuildings have been removed, access roads constructed, and mining remediation efforts undertaken by specialists. These steps have set the stage for development while providing peace of mind regarding site conditions. Additionally, there is an option to acquire a traditional stone barn with planning permission for conversion—a potential enhancement that could increase the overall value of the investment or serve as an intriguing project for those looking to expand their portfolio further. With services likely nearby, prospective buyers should verify availability to facilitate future development plans. This project presents significant renovation and investment potential in a desirable location on the outskirts of Camborne. With proper execution of development regulations and conditions outlined by the local authority, these plots promise not just housing solutions but also capital appreciation opportunities in a growing community. Further details can be obtained through dedicated agents who are available to guide you through this promising venture.

Investment Analysis

(TR14 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR14)

Area prices are falling by +3.4% over the last 12 months
3 year growth: 0.9%
5 year growth: 22.0%
Investment Disclaimer: Analysis based on TR14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Troon
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE