0 bed Land (for sale) Peoples Palace, Pydar Street, Truro TR1

£750,000
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Eddy Estates
19 St Michaels Road, Newquay
01872 703950
First Published

4th Dec 2019

Last Published

6th Dec 2019

 

Features

  • Type: Land
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

An incredible opportunity to purchase this prime residential development site with extant planning permission for 12 executive 2 bedroom apartments within the heart of the city of Truro (with historical permission for 14 apartments).

Footsteps away from all of the local amenities including the heart of Truro's shopping parade Pydar Street whilst still benefiting from fantastic transit links to the surrounding area.

An incredible opportunity to purchase this prime residential development site with extant planning permission for 12 executive 2 bedroom apartments within the heart of the city of Truro (with historical permission for 14 apartments).

Footsteps away from all of the local amenities including the heart of Truro's shopping parade Pydar Street whilst still benefiting from fantastic transit links to the surrounding area.

Description

A rare development opportunity within the heart of the city centre. In 2015 Conditional Planning Permission was granted for 14 no. Apartments (PA15/01360) and subsequently reduced to 12 no. Under a Non-Material Amendment (PA18/02720).

With secure undercroft parking serviced via The Leats and pedestrian access to Pydar Street, there are few more centrally located plots left for development within the curtilage of the city centre. Two stair cores service the apartments above which are set out over three floors of accommodation, benefitting from a range of balconies and views of the cathedral.

Location

Land To The Rear Of 11-14 Pydar Street, Truro, Cornwall. The site can be accessed from either The Leats or Pydar Street, viewing by prior appointment only.

Services

All mains services are available to the site.

Costs

Each party will be responsible for their own legal and professional costs incurred. The vendors shall not be responsible for any abortive costs incurred by any interested parties.

Enquiries

If you would like to discuss this opportunity, please direct all enquiries to Andrew Eddy.

 

Local info for TR1

 

Property Value Data/Graphs for TR1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 28.8% £237,016 1.9 1
Detached house 17.9% £434,787 4.1 1.6
Semi-detached house 14.6% £274,197 3.1 0.7
Terraced house 12.7% £288,292 2.9 1.2
Other 7.1% £289,517 1.9 0.5
End terrace house 6.1% £248,227 2.8 0.8
Bungalow 4.7% £334,500 2.8 1
Semi-detached bungalow 1.9% £212,363 2 0.3
Mobile/park home 1.4% £165,000 1.3 0.3
Detached bungalow 1.4% £438,333 3.7 0.3
Cottage 0.9% £200,000 1.5 0.5
Mews house 0.9% £292,500 2 2
Maisonette 0.5% £180,000 3 0
Barn conversion 0.5% £140,000 1 1
Land 0.5% £75,000 0 0

Area Information

Average Price Paid

£266,634

Sales

3021

Current Average Value

£293,481

Value Change

£26,847 10.1%

 

Current Asking Prices in TR1 Average: £293,481

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £199,978 (9) £218,199 (37) £285,825 (57) £392,965 (32) £523,995 (10)
Flats £174,943 (15) £241,923 (41) £319,000 (5) - £500,000 (1)
All £184,331 (24) £230,669 (78) £288,501 (62) £392,965 (32) £521,814 (11)

Nearby Properties

2 bed Detached bungalow () Church Way, Falmouth, Cornwall TR11 £250,000
3 bed Semi-detached house () Fairfield, Redruth TR15 £275,000
3 bed Terraced house () Maen Valley, Goldenbank, Falmouth TR11 £159,995
1 bed Flat () Bices Court, Kenwyn Street, Truro TR1 £105,000
1 bed Flat () Arwenack Street, Falmouth, Cornwall TR11 £150,000
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