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Botallack, St. Just

South West

£175,000
Listed on 15/12/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This individual building plot, located in the charming hamlet of Botallack, presents a noteworthy opportunity for renovation or investment. With detailed planning consent in place, there is potential to develop a substantial five-bedroom detached house complete with gardens and parking facilities. The proposed layout includes a master bedroom with an en suite bathroom, along with four additional bedrooms. The design also incorporates a spacious kitchen/dining area, a comfortable sitting room, utility space, and essential cloakroom and bathroom facilities. This structure is designed to meet contemporary living standards while offering ample space for family life or holiday rentals. Planning permission has been granted by Cornwall Council as of December 2023, which allows for the demolition of existing outbuildings and the construction of the new dwelling. Investors can capitalize on this unique chance to create a modern home in a picturesque location. Importantly, the approved plans ensure that sustainability features are integrated into the build, aligning with local policies for energy efficiency and environmental considerations. Situated on the Land’s End Peninsula, Botallack is surrounded by stunning coastal landscapes characterized by dramatic cliffs and serene moorland. The area boasts remarkable natural beauty, including access to various small villages and fishing settlements like St Ives. Nearby beaches such as Sennen Cove offer recreational opportunities that could enhance the appeal of any future residence or rental property. Furthermore, this plot lies within an area rich in history and culture, making it attractive for both permanent residents and those seeking vacation homes. Investors should note that neighboring properties may also be available for purchase, providing an expanded opportunity for development or resale potential. To explore this promising building plot further or arrange a viewing appointment, please reach out through our office.

Investment Analysis

(TR19 area)
Area Average
£376/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR19)

Area prices are falling by +5.9% over the last 12 months
3 year growth: 9.5%
5 year growth: 28.6%
Investment Disclaimer: Analysis based on TR19 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

Botallack, St. Just
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 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.

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