Studio for sale

£250,000 Guide price

The Strand, Newlyn, Penzance TR18

Studio for sale
Interested in this property? Call +44 1326 567094 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Tenure: Freehold

Property description

Main Description
*Development opportunity to convert a large barn – former fish store to form three duplex 2/3 bedroom three-storey apartments.
*Planning applications awaiting decision pa 19/03937
*Conversion proposed to convert into 2×2 bedroom and 1×3 bedroom three-storey reverse level apartments
*Ground floor; undercover parking and cloakroom.
*First floor a choice of two or three bedrooms and bathroom
*Second-floor living/kitchen/dining room.
*Fantastic location close to Newlyn harbour within the heart of this sort after fishing village.
Newlyn is famous as the home of the Newlyn School of Art which was established in the late 19th century and is today a charming harbourside town with its own Cornish fishing fleet. The harbour has been in existence for hundreds of years and was already in operation by the 1400’s. Added to overtime in the 1880’s the huge jetties were built which now enclose the harbour. Newlyn is the largest port for the landing of fish in the whole of England and Wales, with a fleet today in excess of 200 vessels. The village literally caters for everyone boasting an abundance of fish shops, several restaurants, cafes, pubs wine bars and galleries. Penzance is located approximately a mile away and the picturesque village of Mousehole is approximately two miles away.



Proposed Development
An exciting opportunity for a developer to acquire this substantial granite former fishing store located near to Newlyn Harbour with planning permission (awaiting decision) to create three sizeable duplex apartments with undercover parking.

Agents note
services: The following services are available at the property however we have not verified connection, mains electricity, mains water, mains drainage.

Tenure: Freehold

For further details, to request a copy of the plans or for any further information please contact Lewis Haughton Wills.

Property info

Property value data/graphs for TR18

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £333,612 £266 3.4 £310,090
Semi-detached £229,388 £221 3.0 £221,331
Terraced £201,215 £227 2.9 £208,766
Flats £163,272 £257 1.8 £166,100

Current asking prices in TR18

Average: £263,539
Avg. current asking prices in TR18
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £203,333
(3)
£180,521
(39)
£273,042
(50)
£391,950
(28)
£525,990
(5)
Flats £136,897
(16)
£209,640
(20)
- - -
All £147,387
(19)
£190,392
(59)
£273,042
(50)
£391,950
(28)
£525,990
(5)

Current asking rents in TR18

Average: £616 pcm
Avg. current asking prices in TR18
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £871 pcm
(5)
- -
Flats £533 pcm
(7)
£646 pcm
(2)
£776 pcm
(2)
- -
All £533 pcm
(7)
£646 pcm
(2)
£844 pcm
(7)
- -

Fun facts for TR18

Highest value in TR18
Highest value streets Zed-Index
Polwithen Road £456,737
Donnington Road £452,547
Landeryon Gardens £450,316
Laregan Hill £430,045
Regent Terrace £421,329
Highest turnover in TR18
Highest turnover streets Turnover
Stanford Close 50.0%
East Terrace 47.4%
Penrose Terrace 46.7%
Medrose Terrace 46.7%
Jack Lane 42.1%
Arrange Viewing

For more information about this property, please contact
Lewis Haughton Wills, TR11 on +44 1326 567094 * (local rate)

Monthly running costs Beta

£1,191 Monthly total

Home Insurance

Contents value up to £80,000 Average insurance cost £5/mo (£64/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £18 Electricity £28 Estimated energy cost £46/mo

Similar properties could save up to £160

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5000 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Cornwall

Estimated tax band C Council tax cost £150 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £15 Sewerage £22 Estimated water cost £37 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Lewis Haughton Wills about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lewis Haughton Wills, and do not constitute property particulars. Please contact Lewis Haughton Wills for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

9 more properties like this

View all The Strand new homes for sale