0 bed Land (for sale) Chywoone Hill, Newlyn, Penzance TR18

£800,000
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Shore Partnership Ltd - Truro
School House Office, Market Street, Devoran, Truro
01872 703423
First Published

22nd Mar 2022

Last Published

29th Mar 2022

 

Features

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

Description

Residential development opportunity with full planning and building regulations approval set within an elevated position above Newlyn in west Cornwall. This exciting opportunity to deliver four high-quality contemporary homes enjoys superb views towards Mount’s Bay having been cleared of the original property.

Distances

Newlyn centre – 0.5; Mousehole – 1.5 (via Paul) or 2.5 (via sea front); Penzance (mainline rail) – 2; Sennen Cove – 8.5; Porthcurno (Minack Theatre) – 8.5; Perranuthnoe – 8.5; Carbis Bay – 11.5; Truro – 31; Cornwall airport (Newquay) – 44

(All distances are approximate and in miles)

Location

Newlyn is a nationally famous seaside village and active fishing port in west Cornwall. Newlyn lies to the west of Mount’s Bay adjoining Penzance and historically it is famous as the home of the Newlyn School of Art which was established in the late 19th century. The harbour has been in existence for hundreds of years and has a rich history centred around the fishing industry and arts scene.

Art and fishing remain the lifeblood of Newlyn to this day with the gallery being one of the principal venues for contemporary art in the southwest. The port's fish market handles £20m worth of fish each year and the harbour shelters up to two hundred commercial boats as well as providing marina facilities for sailing and boating enthusiasts.

Newlyn has long been known for its colourful harbourside pubs and more recently is becoming known for a mix of highly regarded and award-winning eateries including the Tolcarne Inn, Mackeral Sky and Argoe

With stunning countryside and coastline surrounding the area, Newlyn is the perfect gateway to all that west Cornwall has to offer.

The Site

The site enjoys an elevated position to the south of Newlyn just off Chywoone Hill. The general topography of the site slopes from east to west and the properties will enjoy fine far-reaching views over Mount’s Bay and beyond. The site has been cleared and totals around 2/3 of an acre. The site is within a well-established residential area and enjoys a high degree of privacy.

Planning & Cil

The site has the benefit of full planning (PA19/05691 & Reserved matters - PA21/07338) granted by Cornwall Council for the construction of four residential properties.
Additionally, there is full building regulation approval in place (BC21/02142/in).
The total cil liability (as per current planning permission) is £50,800 – this payment will be the purchaser’s responsibility.

Services, Tenure And General Information

Freehold. We understand that all mains services are in close proximity to the site however all interested parties are deemed to have made their own enquiries to the relevant service authorities

Method Of Sale

The freehold of this site is offered for sale on an unconditional basis by way of private treaty.

Viewing Arrangements

The site can be viewed from Chyroone Hill during daylight hours. If you require access to the site, please contact Shore Partnership for an appointment

 

Local info for TR18

 

Property Value Data/Graphs for TR18

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 31.3% £221,575 1.8 1
Terraced house 26.1% £326,257 3.3 1.6
Detached house 11.2% £502,100 3.7 1.9
Semi-detached house 9.7% £401,919 3.4 1.5
End terrace house 6% £316,750 3 1.1
Other 3.7% £245,500 0.6 0.4
Maisonette 3.7% £298,000 2.4 1.4
Land 2.2% £161,667 0 0
Bungalow 1.5% £357,500 3 1
Semi-detached bungalow 1.5% £392,500 4 2
Studio 0.7% £99,500 0 1
Terraced bungalow 0.7% £285,000 2 1
Parking/garage 0.7% £20,000 0 0
Detached bungalow 0.7% £358,750 3 1

Area Information

Average Price Paid

£241,380

Sales

1965

Current Average Value

£309,562

Value Change

£68,182 28.2%

 

Current Asking Prices in TR18 Average: £309,562

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £195,000 (2) £245,636 (22) £359,403 (29) £487,222 (9) £489,393 (14)
Flats £161,397 (16) £234,533 (24) £330,833 (6) £600,000 (1) -
All £165,131 (18) £239,843 (46) £354,506 (35) £498,500 (10) £489,393 (14)

Nearby Properties

3 bed Parking/garage () Penthouse 2, Oceanview, Boskerris Road, Carbis Bay, St Ives TR26 £3,000,000
4 bed Detached house () Pannier Lane, Carbis Bay, St. Ives TR26 £2,950,000
2 bed Flat () 4A Oceanview, Carbis Bay, St Ives TR26 £1,845,000
5 bed Detached house () Manor Drive, St. Ives, Cornwall TR26 £1,750,000
3 bed Detached house () Wheal Margery, Carbis Bay, St. Ives, Cornwall TR26 £1,595,000
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