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£165,000

Creeping Lane, Newlyn TR18

  • 6 beds
Detached house

£165,000

  • 6 beds
Detached house
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Estimate monthly mortgage payment:

£753 per month

Minimum deposit amount:

£8,250
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THE SITE - Creeping Lane, Newlyn

This is a rare opportunity to acquire a potential development site in this extremely sought-after coastal town. It has previously had the benefit of full detailed planning permission (Ref. PA21/02403) for development of four apartments (2 x one bedroom and 2 x two bedroom) within a new two-storey building. This planning application was won via appeal and has now lapsed.

The spacious apartments are architect designed in this popular residential spot in West Cornwall. The site currently comprises an area of redundant hard surfaced open ground, having previously been used as a playground, together with the adjoining sub-station which is leased to Western Power Distribution. It is conveniently located close to the central “level” area of Newlyn and is a short walk from the bustling harbour, shops, pubs, restaurants and cinema, and yet tucked away in a quieter side-street location.

Adjoining the site are old warehouses such as the Old Pilchard Works as this area was once the old industrial heart of Newlyn, but these buildings have mostly been redeveloped into residential properties over recent years, forming a sought after neighbourhood in the heart of Newlyn.

LOCATION

Newlyn is a seaside town and fishing port in south-west Cornwall and is home to one of the largest fishing fleets in the United Kingdom. The industry is one of the most important in the county, contributing millions of pounds to the Cornish economy each year. There are several interesting old public houses and nice restaurants as well as an independent cinema. The famous Christmas lights are launched annually to the accompaniment of the Newlyn Male Voice Choir and followed by a firework display. The Newlyn Fish Festival is held on August Bank Holiday Monday each year, when stalls and cafés take over the quays for the day. There is a local primary school and the main town of Penzance is nearby, within a short walk along the scenic promenade.

SERVICES

There is an electricity sub-station at the northern end of the site (leased to Western Power Distribution/National Grid) with poles on the proposed development site and overhead cables crossing the site. The owner has signed a wayleave consent with Western Power Distribution for the poles to be removed and the overhead and underground cables to be re-routed to avoid the proposed development. However, all interested parties should make and rely upon their own services enquiries for the property and any future development.

VIEWING

You may view the site at any reasonable time and at your own risk.

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