Sold STC Farm Land

Looe Mills Cottage

LISKEARD, LOOE MILLS, CORNWALL PL14 4LD

162 m² Listed 13 Apr 2025 (-463d)

£25,000

Guide Price

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Listing type

Auction

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Property details

Listing category

Auction

Tenure

FREEHOLD

Floor area

162 m²

EPC rating

F

Last sold

£425,000 Jun 2024

Price per m²

£154/m²

Local average

£328,214 (-92.4%)

Street crime

6 incidents within 1 mile (May 2026)

Key features

  • Auction Guide: £25,000
  • For Sale by Online Auction
  • Approximately 0.93 acres
  • Mixed woodland and open amenity space
  • Frontage onto the scenic East Looe River
  • Attractive wildlife pond
  • Ideal for leisure, conservation or nature enjoyment
  • Freehold

Description

A rare opportunity to acquire a charming parcel of woodland bordering the East Looe River. Auction Guide: £25,000, For Sale by Online Auction, Approximately 0.93 acres, Mixed woodland and open amenity space, Frontage onto the scenic East Looe River, Attractive wildlife pond, Ideal for leisure, conservation or nature enjoyment. Freehold.

Method Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior.) The Auction end date is Thursday 3rd July 2025 at 5:00pm. The vendor reserves the right to withdraw or alter the property for sale prior to the Auction end date. The property can be accessed via our website stags.co.uk on the Auctions page.

Situation - Tucked away in a quiet rural valley, the land is positioned just a short distance from the historic market town of Liskeard, which offers a comprehensive range of facilities including shops, schools, healthcare and a mainline railway station providing direct access to Plymouth and beyond via the A38 corridor.
Access to the land is via a byway that runs alongside the eastern boundary, linking to parish roads at either end and offering ease of approach while maintaining a sense of seclusion.

Description - Extending to around 0.93 acres, this peaceful piece of land combines established woodland, cleared open spaces and a wildlife pond. The site offers an ideal haven for a variety of flora and fauna and presents a wonderful opportunity for those seeking a peaceful natural retreat.
The land enjoys direct frontage onto the East Looe River, where access to the water can be gained. Whether for quiet enjoyment, conservation pursuits or amenity use, this unique parcel offers versatility in an beautiful setting.

Services - We are not aware of any services being available on the land. Purchasers must satisfy themselves on this point. Broadband availability: Standard ADSL, Mobile Signal Coverage: Voice and Data limited availability (Ofcom). Please note the agents have not inspected or tested these services.
Flood Risk: High Risk

Directions - What3words.com: ///innocence.genius.musical

Viewings - Strictly by prior appointment with the vendors' appointed agents, Stags.

Proof Of Identity - Under the Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.

Buyers & Administration Fees - The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer's fee of £2,400 inc. VAT is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price. An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.

Deposit Payment - The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'

Legal Pack - Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.

Solicitor Acting - FAO: George Beckett at Thompson & Jackson, Hyder House, 680 Budshead Road, Plymouth, PL6 5XR. Tel: .

Completion Date - The completion date will be 20 BUSINESS DAYS from the date of the auction or earlier by agreement as dictated by the solicitor and included in the legal pack.

Definition Of Auction And Reserve - Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Guide prices may change at any time prior to the auction.

Special Conditions Of Sale - Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provision of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.

Listed by

Launceston

Stags

Reference: 160633886

EPC Rating & Upgrade Cost

Current rating: F

Potential rating: D

Inspection date: 18/07/2023

Expiry date: 17/07/2033

Current heating cost: £2,776/year

Potential heating cost: £1,600/year

Est. upgrade cost to C: £29,575

Recommendations

  • Flat roof or sloping ceiling insulation (£850 - £1,500)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)
  • Replace single glazed windows with low-E double glazing (£3,300 - £6,500)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Land Plan

Land Plan

Land Plan

Land Plan

Price history

Event Date Price % change
Sold 14/06/2024 (2 years ago) £425,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
LISKEARD OFFICE DEAN STREET, LISKEARD, CORNWALL, PL14 4AE £316,000 27/11/2025 Other
7 MANLEY TERRACE, LISKEARD, CORNWALL, PL14 4DW £425,000 08/07/2025 Other
MANSELL COURT 1 VARLEY LANE, LISKEARD, CORNWALL, PL14 4AP £175,000 19/04/2024 Other
LOWER TOWN FARM, TREWIDLAND, LISKEARD, CORNWALL, PL14 4ST £825,000 24/11/2023 Other
LOWER PENHALE, ST KEYNE, LISKEARD, CORNWALL, PL14 4QW £995,000 10/11/2023 Other
TREHAWKE HOUSE DEAN STREET, LISKEARD, CORNWALL, PL14 4AG £210,000 07/11/2023 Other
AMBLEWAY LIMES LANE, LISKEARD, CORNWALL, PL14 4HP £130,000 18/10/2023 Other
UNIT ZERO HEATHLANDS INDUSTRIAL ESTATE, LISKEARD, CORNWALL, PL14 4DH £200,000 23/12/2022 Other
HERODSHEAD FARM, HERODSFOOT, LISKEARD, CORNWALL, PL14 4QY £2,750,000 16/11/2022 Other
VENOON HOUSE, EAST TAPHOUSE, LISKEARD, CORNWALL, PL14 4NH £1,125,000 19/10/2022 Other
MORCOM COURT WINDSOR PLACE, LISKEARD, CORNWALL, PL14 4BH £70,000 12/10/2022 Other
WEST TREVILLIES FARM, ST KEYNE, LISKEARD, CORNWALL, PL14 4QW £967,000 27/09/2022 Other
TALO, ST KEYNE, LISKEARD, CORNWALL, PL14 4RJ £240,000 26/09/2022 Other
THE ALBION, 4 DEAN STREET, LISKEARD, CORNWALL, PL14 4AA £215,350 04/07/2022 Other
2 MARTHUS COURT, LISKEARD, CORNWALL, PL14 4EY £65,000 20/06/2022 Other
THISTLE LODGE, ST KEYNE, LISKEARD, CORNWALL, PL14 4QS £200,000 12/05/2022 Other
MEADOWBANK, TREDINNICK, LISKEARD, CORNWALL, PL14 4PJ £450,000 04/04/2022 Other
MILLERS LODGE, ST KEYNE, LISKEARD, CORNWALL, PL14 4SH £197,750 31/03/2022 Other
DEROWEN, ST KEYNE, LISKEARD, CORNWALL, PL14 4QP £360,000 10/02/2022 Other
WHEELWRIGHTS, DULOE, LISKEARD, CORNWALL, PL14 4PL £150,000 21/01/2022 Other

Area average: £503,305 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 17.9%
10y growth 277.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: All dwelling types. As of April 2026.

1y (index) 2.4%
5y (index) 9.6%
10y (index) 35.2%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £903/mo
Realistic £1,003/mo
Optimistic £1,103/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Address

Liskeard and Caradon Railway

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop StMarysleadworks 0.5 miles
Shop Print 2 Media Ltd. 0.7 miles
Bus stop Gipsy Lane 0.9 miles
Bus stop Opp Methodist Church 1.1 miles
Train station Coombe Junction Halt 1.2 miles
Train station Liskeard 1.4 miles
Hospital Liskeard Community Hospital 1.8 miles
Hospital Bodmin Hospital 11.1 miles

Street-level crime

Category Count
Violence and sexual offences 5
Criminal damage and arson 1
Total incidents 6

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Liskeard Hillfort Primary School Primary 0.8 miles Good — 19 Oct 2023
Caradon Alternative Provision Academy Other 1.1 miles Requires improvement — 17 May 2023
Dobwalls Community Primary School Primary 1.1 miles Good — 18 Jan 2024
Liskeard School and Community College Secondary 1.2 miles Good — 25 Apr 2013
Taliesin Education Ltd Other 1.3 miles Good — 26 Jun 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Bungalow, Western Avenue, PL14 £1,200/mo 3 0.76 miles OpenRent
1 Bed Flat, Karrow Garth, PL14 £650/mo 1 1.34 miles OpenRent
1 Bed Flat, Karrow Garth, PL14 £650/mo 1 1.34 miles OpenRent
2 Bed Semi-Detached House, Karow Garth, PL14 £835/mo 2 1.34 miles OpenRent

Average rent: £834/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2.97%
Max investor price (0.8%) £92,875
Target investor price (1%) £74,300
Gross yield 35.7%
Cost-to-rent ratio 2.8×
Monthly cashflow £545/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 90.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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