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Caudledown Lane, Stenalees, St. Austell

South West

£85,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
614 sqft

Description

This property presents a compelling opportunity for renovation and investment on Caudledown Lane. Situated on a generous building plot, it offers the chance to design and construct a detached two-bedroom bungalow, complete with off-road parking for two vehicles. The land is primed for development, with planning permission already granted (Planning No. PA24/02553) and the potential to connect to mains services. The location offers the perfect blend of accessibility and natural beauty. Stenalees, a charming village on the outskirts of St Austell, provides a tranquil setting while being just a short distance from local amenities in Bugle, including primary schools, convenience stores, and public houses. St Austell further enhances the appeal with its comprehensive facilities such as a mainline railway station and notable attractions like the Eden Project. This property is particularly attractive for investors or those looking to create their dream home tailored to personal specifications. With its freehold status and no immediate covenants or restrictions impacting development plans—except for minor obligations related to legal aid charges from 1995—this plot offers flexibility for future growth. In terms of practicality, the site can comfortably accommodate a single-storey dwelling while allowing ample space for outdoor amenities. Moreover, there are no known safety concerns or disputes associated with the land, making it an appealing choice for prospective buyers. This building plot not only invites visionary design but promises long-term value within a desirable Cornish locale. The harmonious blend of community access and scenic surroundings ensures that any investment here will be well-placed to thrive in Cornwall's evolving landscape.

Investment Analysis

(PL26 area)

Below Market Value

This property is priced -52.5% below area average per sq ft

-52.5%
Potential saving
This Property
£138/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£8,500 - £21,250
10-25% of property value
Target Value
£196,980
10% above area average per sq ft
Potential ROI
+85.4%
After renovation
Monthly Sales
12
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PL26)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 1.0%
5 year growth: 26.4%
Investment Disclaimer: Analysis based on PL26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Caudledown Lane, Stenalees, St. Austell
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