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Collygree Parc, Goldsithney, Penzance TR20 - Image 1
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Collygree Parc, Goldsithney, Penzance TR20

South West

£250,000
Listed on 17/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This parcel of land presents a unique opportunity for development on the outskirts of the sought-after village of Goldsithney, contingent upon obtaining the necessary planning approvals. Spanning approximately 1.6 acres, the site has existing access from a main lane leading into the village, enhancing its potential for various uses. Previously, there was approval for a residential project consisting of 28 homes (planning reference: PA12/11837), which speaks to the site's viability for development in this growing area. The location offers an attractive blend of rural charm and accessibility, with Goldsithney's local amenities—including two pubs, a village shop, post office, and community hall—providing essential services within walking distance. Nestled on the southern edge of the village, this property boasts scenic views over open countryside while ensuring quick access to the A394, facilitating convenient travel to nearby towns such as Penzance (6.5 miles) and Helston (9 miles). The coastal charm of Marazion is also just 1.7 miles away, making it an ideal spot for both residents and potential future buyers. The land is being offered freehold with full vacant possession and no existing leases or encumbrances that could impede future developments. There are currently no known restrictive covenants impacting the title or intended uses. This flexibility further enhances its attractiveness as an investment opportunity. Prospective buyers are encouraged to explore this site further through viewings arranged by appointment. Given its prime location and existing planning history, this property represents significant renovation and investment potential in a desirable area.

Investment Analysis

(TR20 area)
Area Average
£353/sq ft
Avg Rent (weekly)
£287
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR20)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -5.8%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on TR20 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

Collygree Parc, Goldsithney, Penzance TR20
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 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.

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