Summary - OFFICES, THE OLD CHAPEL, CHAPEL ROAD TR14 8QX
1 bed 1 bath Residential Development
Large Grade II Listed chapel with income, parking and development land — listed restrictions apply.
13 residential apartments with three commercial units generating circa £114,000 pa
Grade II Listed — retains original features but restricts alterations and increases costs
Very large site with land offering potential for three dwellings (previous consent)
Evidence of Japanese knotweed on development land — remediation required
High flood-risk location — insurance and development constraints likely
Area is very deprived with above-average crime — affects tenant mix and values
Ample on-site parking and separate metering for units simplify management
Very slow broadband speeds; excellent mobile signal
A substantial Grade II Listed former chapel offering a mixed-use income stream and clear development upside. The building comprises 13 residential apartments over upper floors and three commercial units at lower-ground level, producing circa £114,000 pa. Ample on-site parking and a very large plot include land with previously granted consents for three dwellings, offering scope for expansion subject to consents.
This property will suit investors or specialist developers who can manage listed-building constraints and capital works. The chapel retains striking period features — high ceilings, arched windows and stonework — that support rental demand for character accommodation in the Camborne/Pool/Redruth conurbation. Existing separate meters simplify income management for the flats and commercial units.
Buyers should note several material issues requiring budgets and expertise: the site has a high flood-risk designation, evidence of Japanese knotweed on the development land, and the building’s listed status will constrain alterations and increase consenting complexity and costs. The area scores as very deprived with above-average crime and very slow broadband, which may affect rental levels for some tenant profiles.
Practical information: previous listed consents and a planning application (PA20/10107) indicate residential development potential, but purchasers must rely on their own due diligence for services, EPCs, and rateable values. This is an opportunity for a buyer experienced in managing heritage assets and remediation to secure a substantial mixed-use property with redevelopment upside in a improving local market.
4 bedroom town house for sale in Wilson Way, Pool, TR15 — £350,000 • 4 bed • 3 bath • 1455 ft²
1 bedroom apartment for sale in The Sanctuary, Redruth, TR15 — £130,000 • 1 bed • 1 bath • 614 ft²
Land for sale in Fore Street, St. Stephen, St. Austell, PL26 — £150,000 • 1 bed • 1 bath • 1420 ft²
Property for sale in Lanner Auction Room, Church Row, Lanner, Redruth, Cornwall, TR16 6ET, TR16 — £395,000 • 1 bed • 1 bath
3 bedroom semi-detached house for sale in Chapel Road, Tuckingmill, Camborne, Cornwall, TR14 — £185,000 • 3 bed • 1 bath • 863 ft²
3 bedroom flat for sale in Chapel House, Illogan Downs, Redruth, TR15 3UZ, TR15 — £265,000 • 3 bed • 2 bath • 892 ft²
