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BUILDING PLOT - New Hill Estate, Grampound - Image 1
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BUILDING PLOT - New Hill Estate, Grampound

South West

£95,000
Listed on 08/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This notable building plot presents an exciting opportunity for those looking to invest in a three-bedroom dwelling. With planning consent already secured, the groundwork and slab have been initiated, indicating that the project is well underway and ready for further development. The presence of existing infrastructure nearby—such as water, drainage, and electricity—simplifies the next steps in construction. Situated within a charming village setting, this property benefits from its peaceful surroundings while offering convenient access to local amenities. The location is ideal for families, with a primary school nearby and easy transport options provided by a regular bus service. Nature enthusiasts will appreciate the proximity to numerous country walks, contributing to the area's appeal. Grampound's prime position between Truro and St Austell enhances its attractiveness for potential buyers or renters looking to enjoy all that Cornwall has to offer. Nearby beaches on the Roseland Peninsula are perfect for seaside activities, while local attractions such as The Hidden Hut and Curgurrel Farm Shop provide delightful dining options featuring fresh seafood. The property not only represents immediate renovation potential but also serves as a sound investment opportunity in a desirable area poised for growth. With careful planning and vision, this could be transformed into a comfortable home or an appealing rental property within a vibrant community.

Investment Analysis

(TR2 area)
Area Average
£383/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£180,000 - £250,000
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
6%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +13.9% over the last 12 months
3 year growth: -3.4%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on TR2 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

BUILDING PLOT - New Hill Estate, Grampound
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£348
Based on a loan of £71,250 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.

Next Steps

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