High Cross Street, St Austell
South West
£250,000Guide Price
Listed on 24/06/2026
Listed on 24/06/2026
The listing
Property details
Bedrooms
N/AType
Residential DevelopmentDescription
This former post office located off High Cross Street in St Austell presents a compelling opportunity for redevelopment, making it an attractive investment prospect. The property boasts significant potential with granted planning permissions allowing for the conversion of the front section into nine residential units and the rear sorting rooms and parking area cleared for twenty-four new build apartments. Spanning approximately 0.22 hectares (0.54 acres), this site is well positioned just a short distance from transport links, shopping, and recreational facilities. The existing planning approvals afford developers a swift path to bring their visions to life without immediate S106 obligations. Available with vacant possession, this property offers ample room for innovative redesigns and developments in a sought-after South West location.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial town-centre conversion and redevelopment proposition: the former Post Office has planning for residential conversion at the front and new-build apartments to the rear. Its prominent position, access from two streets and substantial site give the scheme real scope, but the visible interiors remain worn commercial space and the rear is largely hardstanding, so this is a heavy delivery project rather than a cosmetic refresh. The drawings and visualisations are proposals, not completed works.
At the £375,000 guide price, value versus local £/sqf cannot yet be judged because floor area is missing. This is an auction guide, not a guaranteed purchase price; bidding can take the hammer above the guide, so the eventual price may not stay this cheap. The overall score is 39/100 (E), with limited condition and economics scores; planning and location are the clearer strengths, but permissions, conditions and delivery need careful verification.
Key opportunities
- Rework the former commercial front section into the planned apartments, making use of the existing stone-faced town-centre building.
- The rear hardstanding and former sorting-room area provide scope for the consented new-build scheme, with access from East Hill as well as High Cross Street.
- The existing building and site offer a chance to create a residential scheme with a distinct town-centre presence rather than simply refresh a finished home.
Key risks
- Worn commercial interiors, exposed services and extensive hardstanding point to a heavy conversion and redevelopment programme; plan for a full scheme delivery, not a cosmetic refresh.
- Verify the status, conditions and practical deliverability of both planning consents, and review the legal and technical information before bidding.
- Floor area is missing, so value versus local £/sqf cannot yet be judged.
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Transport
Nearest stations
St Austell Rail Station
0.1 miles
Train · St Austell
Par Rail Station
4.0 miles
Train · Par
Luxulyan Rail Station
4.0 miles
Train · Luxulyan
Bugle Rail Station
4.3 miles
Train · Bugle
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,021
Based on a loan of £187,500 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-33.3% since listed
£250,000£125,000(-33.3%)
20/08/2026£375,000Initial listing
23/06/2026Services
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