Repossessed & BMV Houses for Sale in Cornwall

By April 19, 2012House Repossession

 Current List of BMV & Repossessed Houses for Sale in Cornwall
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Cornwall Map
repossessed houses for sale in cornwall: Thinking of buying repossessed houses for sale in Cornwall? After all, who hasn’t dreamed of relocating to the sometimes enchanting, sometimes dramatic, South West of England?

Bordered to the north and west by the Atlantic Ocean and to the south by the English Channel, Cornwall has just one land border – that with Devon, which sits on the other side of the River Tamar. The county covers an area of 1,376 square miles and has its administrative centre in Truro, which is its only city.

It may be one of the most beautiful areas of the country but it is also one of the poorest, depending for 24% of its economy on the tourist industry.

Buy Repossessed Properties Cornwall

Districts of Cornwall

There are no real ‘districts’ to speak of – there is inland and coastal but that is really the only division. Torbay on the south coast, facing onto the English Channel, has become known as the English Riviera. The bays are sheltered and the seas calm, particularly popular areas, outside of the Torbay area, are Fowey and Falmouth.

The Atlantic coast to the north and west is dramatic and wild, with towering cliffs and hidden caves; important tourist destinations on this coast are Bude, Polzeath, Watergate Bay, Perranporth, Porthtowan, Fistral Beach, Newquay, St Agnes and St Ives.

Inland is mainly composed of granite uplands; this is where you will find Bodmin Moor – the highest part of Cornwall. The wooded valleys behind the south coast are shady and fertile; home to an assortment of plants that are not found anywhere else within the country.

The largest urban area is at Redruth and Camborne – home of the now defunct tin mining industry. There has been talk recently of reopening some of the tin mines but no specific programme has been announced.

Cornwall Statistics

  • Located – South West England
  • Miles from London – 247 miles south west (Penzance)
  • Density: Cornwall – 151 people per km2 (2010)
  • Density: London – 4,761 people per km 2
  • Population: Cornwall – 537,400 (2010)
  • Population: Greater London – 7,753,600 (2009)

Cornwall Property Values Q1 2012

Currently there are around 3,794 properties for sale in Cornwall with an average price of £261,119 This figure represents a fall of £4,474 (-2.02%) over the past year and a fall of £16,503 (-7.08%) over the past five years. There are currently 395 properties for rent in the Cornwall area, with an average monthly rental of £727.

BMV & Repossessed Houses for Sale in Cornwall

Chapel Terrace, Carharrack, Redruth TR16

Repossessed Houses for Sale in Cornwall
Grade II listed building in a central village location.

For Sale by Informal Tender. Vacant Possession To Be Granted On Completion

All of the furnishings, pews, commerative tablets as existing within the property will be included in the sale.

Guide Price: £50,000

Lower Lux Street, Liskeard PL14

Repossessed Houses for Sale in Cornwall
One bedroom ground floor apartment with open plan kitchen/diner/lounge. Shower room, WC and courtyard. Vacant possession with no onward chain.

£59,950

Flats in this area are currently on the market for an average price of £85,268, representing a square foot price of £136

Higher Fore Street, Redruth TR15

Repossessed Houses for Sale in Cornwall
A two bedroom mid terrace cottage in Redruth in need of modernisation. Briefly, the accommodation comprises:

  • Lounge
  • Dining Room
  • Kitchen
  • Two Bedrooms
  • Bathroom
  • Rear Courtyard

Offers in excess of £70,500

Flats in this area are currently on the market for an average price of £129,208, representing a square foot price of £145

Buy BMV Property Cornwall

Cornwall Repossessed House and Below Market Value (BMV) Auction Agents

Miller Countrywide
57 Fore Street, Redruth, TR15 2AH
Telephone: 01208 530018

Stratton Creber
34 Fore Street, Looe, PL13 1DT
Telephone: 01503 205551

Parkway Estate Agents
6 Market Place, Camelford, PL32 9PB
Telephone: 01840 298028

To live in the South West of England is many people’s dream and. with the current climate in the property market, there has never been a better time to think about buying a BMV property in Cornwall.