2 bed Flat (for sale) Castle View, Tintagel PL34

£1,000,000
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Kernow Properties
20 Market Place, Camelford
01840 547978
First Published

13th Jul 2021

Last Published

4th Nov 2021

 

Features

  • Type: Flat
  • Bedrooms: 2
  • Listing status: sale
  • Country: England

Description

We are thrilled to be able to offer this very rare development opportunity which comes with full planning permission for 6 new luxury 2 bedroom apartments. With breath-taking sea views and views over the legendary Tintagel Castle, also known as Camelot Castle. Camelot Castle is famous for its links to the tales of King Arthur and his Knights of the Round Table. Built half on the mainland and half on Tintagel Island which projects into the Cornish sea. Tintagel Castle is one of the most spectacular historical sites in Great Britain.

Set within the popular village of Tintagel on the beautiful North Cornish Coastline the current permission comprises of 3 ground floor apartments and 3 first and second floor duplex apartments along with 9 parking spaces. The property also has the added benefit of not having any occupancy restrictions and can therefore be used as a main residence or utilised as a holiday home or holiday letting opportunities.

The gross internal areas are estimated to be as follows:
Unit 1 710 sqft
Unit 2 786 sqft
Unit 3 732 sqft
Units 4,5 and 6 duplex
Measured to a sloping ceiling height of 1250mm are 1055 sqft each

The property is situated in "Castle View” which is within a designated Area of Outstanding Natural Beauty (aonb) and Heritage Coastline. The views have to be seen to be fully appreciated.
With Castle View being a short walk from the Cornish Coastal Path it provides access to nearby Tintagel beach. Heading North-East for just over a mile you will find the turquoise waters and golden sands of Bossiney Cove, further along the path you can explore the historic harbour of Boscastle. Heading south-west for just over two miles you will find the tidal beach at Trebarwith Strand which at low tide the golden sands extend to almost a mile.

The site is currently occupied with an existing building that comprises of 4x1 bed and 2x2 bed apartments with 3No AST’s currently in place. Having the existing building is particularly useful when calculating the Community Infrastructure Levy (cil) as it is only chargeable on the difference between the existing building and the new building square footage rather than the whole new development.

Planning reference PA20/06557

Tintagel itself offers a wealth of interesting history and a wide range of shops, pubs and restaurants including a supermarket. Tintagel is also home to the Natural Trust attraction 'The Old Post Office' and the Trust also own and manage much of the surrounding coastal walks and beaches. The nearest town is Launceston with a further range of amenities and access to the A30 linking to West Cornwall and into Devon and the City of Plymouth.

 

Local info for PL34

 

Property Value Data/Graphs for PL34

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Detached house 40% £578,938 4.1 2.1
Flat 20% £467,500 2 1
Semi-detached house 15% £565,000 6 5.3
Other 5% £1,500,000 5 2
Bungalow 5% £399,950 3 2
Lodge 5% £85,000 2 1
Link-detached house 5% £345,000 3 2
Land 5% £450,000 0 0

Area Information

Average Price Paid

£293,282

Sales

206

Current Average Value

£548,823

Value Change

£255,541 87.1%

 

Current Asking Prices in PL34 Average: £548,823

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £295,000 (1) £418,207 (7) £612,000 (2) £1,325,000 (2)
Flats - £467,500 (4) - - -
All - £375,000 (6) £418,207 (7) £612,000 (2) £1,325,000 (2)

Nearby Properties

0 bed Country house () Crackington Haven, Bude EX23 £1,750,000
7 bed Detached house () Restored House And Cottage, Vicarage Hill, Tintagel, Cornwall PL34 £1,650,000
5 bed () Bossiney, Tintagel PL34 £1,250,000
5 bed Detached house () The Butts, Tintagel PL34 £1,250,000
2 bed Flat () Castle View, Tintagel PL34 £1,000,000
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