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Development opportunity, Hayle

South West

£750,000
Listed on 23/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Situated on Wheal Alfred Road in the scenic town of Hayle, this development site offers a compelling opportunity for builders and investors looking to capitalize on the area's growth. With planning permission already secured for 15 homes, the site is ready for immediate development, minimizing delays and facilitating a smoother project launch. The location is particularly advantageous, being within close proximity to essential local amenities such as shops, schools, and recreational facilities. Hayle is known for its beautiful coastal landscapes and a strong sense of community, which are likely to attract future residents. The nearby Hayle Estuary Nature Reserve and the accessible Gwithian and St Ives beaches further enhance the area's appeal. Importantly, there exists potential for further development on the site, subject to additional permissions. This flexibility could allow you to explore creative options for expanding housing capacity, addressing the increasing demand in this desirable region. Encompassing approximately 1.3 acres, this property not only represents an exciting prospect for new residential construction but also invites visionaries to consider its future potential in line with community needs. Detailed planning documents can be made available upon request for those interested in exploring this unique opportunity further. Hayle boasts excellent transport links via the A30 and a mainline railway station connecting Penzance and London. Essential services are readily available within the town itself, including well-known retailers like Marks & Spencer and Asda. With major towns such as Penzance, Helston, Camborne, Redruth, and Truro all within an easy reach and Newquay airport under an hour's drive away, this location presents a strategic advantage for any development endeavor. This is a rare opportunity to invest in land that holds significant renovation and investment potential in an increasingly sought-after area of Cornwall.

Investment Analysis

(TR27 area)
Area Average
£352/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£75,000 - £187,500
10-25% of property value
Monthly Sales
18
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +7.9% over the last 12 months
3 year growth: -6.2%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on TR27 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

Development opportunity, Hayle
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