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Planning Consent 9 Houses, Scorrier

South West

£700,000

Listed on 24/07/2026

Property details

Bedrooms
N/A
Type
Plot

Description

This property presents a remarkable investment opportunity with planning permission granted for the demolition of the existing dwelling and outbuildings. Plans are in place to construct nine new residential units, comprising two four-bedroom detached homes, two three-bedroom semi-detached homes, and five two-bedroom terraced houses. The site is strategically located on a major route between Redruth and Truro, adjacent to modern developments and surrounded by natural woodland. Currently tenanted, this site allows for development in an area poised for growth, with convenient access to local amenities and transport links. The north Cornish coast is also within easy reach, making this a prime location for new housing.

Investment analysis

(TR16 area)
Area Average
£321/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR16)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -5.0%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on TR16 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

Planning Consent 9 Houses, Scorrier
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 over 30 years at 4.45% 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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