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Reawla Lane, Hayle TR27 - Image 1
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Reawla Lane, Hayle TR27

South West

£60,000
Listed on 16/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique opportunity presents a small plot of land featuring a derelict barn, available for the first time in over thirty years. Although a recent application for planning permission aimed at converting the barn into a residential dwelling was declined (planning reference number: PA23/05953), this highlights an investment potential for creative buyers willing to explore alternative development options. The property is situated in a charming village setting, conveniently located on a local bus route and just three miles from Hayle, known for its scenic beaches. Camborne, approximately four miles away, offers an array of shopping facilities and access to mainline rail services. Nearby Carnhell Green adds further charm with its Post Office and local shop. Interested parties should conduct their own due diligence to assess the suitability of this plot for their intended projects.

Investment Analysis

(TR27 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.4%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on TR27 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

Reawla Lane, Hayle TR27
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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
£220
Based on a loan of £45,000 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