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High Cross Street, St Austell

South West

£375,000

Listed on 24/06/2026

Property details

Bedrooms
N/A
Type
Residential Development

Description

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.

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Investment analysis

(PL25 area)
Area Average
£273/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -7.1%
5 year growth: +9.3%
Investment Disclaimer: Analysis based on PL25 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

High Cross Street, St Austell
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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

Next Steps

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