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Milladon Lane, Trerulefoot, PL12
6.12 Acre Pasture & Woodland – Trerulefoot
Milladon Lane, Trerulefoot, PL12
Sold STC
£50,000+
- Approximately 6.12 acres (2.48 hectares) of pasture and pretty naturally regenerated woodland
- Situated in a convenient location, close to Trerulefoot and several surrounding villages
- Fantastic rural views from its highest position
- Small range of buildings
- Freehold with vacant possession upon completion
Description
For Sale by Public Auction on Wednesday, 2nd September 2026 at Lifton Strawberry Fields, Lifton, Devon, PL16 0DH at 7pm. Auction Guide Price: £50,000-£55,000. Location The land is situated in rural South East Cornwall, between Trerulefoot and Polbathic and just off the A374, which connects the A38 with Torpoint. Several surrounding villages provide facilities, with the East Cornwall market town of Liskeard and the South Cornish coastal port town of Looe both approximately 15-20 minutes driving distance respectively providing branch and main line railway stations and shopping centres. From its highest point, the land enjoys fantastic rural views and viewing is highly recommended to appreciate this picturesque location. Description The land extends in all to approximately 6.12 acres (2..48 hectares) comprising a ring fenced block of pasture land, with an area of naturally regenerated amenity/woodland on a steeper section. The land is accessible off a lane leading to a hardcore track, which provides access to the small range of buildings. Given its super picturesque location, with far reaching views, the land provides a great space for enjoying the Cornish countryside. A small range of temporary buildings are located on level areas providing scope for refurbishment. 1. Timber frame, timber clad and corrugated roof (dilapidated) building housing two stables (21’ x 12’). 2. Timber portal frame, timber clad and box profile roof building housing a single stable (10’ x 12’). 3. Timber portal frame and box profile roof field shelter (10’ x 20’ with 2’ overhang). 4. Container (‘7’ x 7’).
Location
Kivells markets this holding at Milladon Lane, Trerulefoot, PL12. Buyers should verify boundaries, access, services and planning position against the auction/legal pack.
Tenure
| Tenure | Freehold with vacant possession on completion |
| Services | None connected. |
Auction Information
| Auction date | 2026-09-02 at 7:00pm |
| Guide price | £50,000 Guide Price |
| Buyer’s administration fee | £2,000 + VAT (£2,400 inc VAT) |
| Status | Sold STC / treated as Sold Prior for HB import |
| Lot number | Not stated in supplied particulars |
Investment Analysis
This is a land/equestrian/amenity analysis rather than a residential BTL model. No residential rent or refinance assumption has been invented where no dwelling exists. Values below are HB desktop screening scenarios and not a valuation.
Investment Snapshot
| Guide Price | £50,000 |
| Approx. Area | 6.12 acres |
| Guide Price per Acre | £8,170 |
| Initial Improvement / Due-Diligence Allowance | £4,000 |
| Estimated Total Cost | £57,900 before SDLT |
| Low / Base / High Screening Value | £45,000 / £55,000 / £65,000 |
| Suggested Strategy | Amenity/equestrian land with small buildings |
| Main Risk | Temporary/dilapidated buildings and no connected services. |
Market Comparables
No sufficiently like-for-like verified sold land comparables are contained in the supplied scrape. The guide-price-per-acre calculation above is therefore shown as a screening metric only; a rural surveyor/land agent should provide local comparable evidence before bidding.
Proposed Works
| Boundary / access / gate repairs | £1,000 |
| Vegetation / clearance / drainage | £800 |
| Building / stable / shelter repairs where applicable | £1,000 |
| Professional / planning / survey allowance | £600 |
| Contingency | £600 |
Low / Base / High Investment Scenario
| Low | £45,000 – downside land-value screening |
| Base | £55,000 – modest value enhancement / market-normalisation screening |
| High | £65,000 – stronger demand or successful enhancement; not planning-value assumption unless consent obtained |
Specialist Land / Development Analysis
Amenity/equestrian land with small buildings. Temporary/dilapidated buildings and no connected services.
Maximum Bid Indicator
| Guide price | £50,000 |
| Improvement / due-diligence allowance | £4,000 |
| Known buyer admin fee | £2,400 inc VAT |
| Legal / survey allowance | £1,500 desktop allowance |
| Maximum bid approach | For land, use rural-surveyor value less all costs and desired margin; no unsupported residual-development value has been assumed. |
| SDLT | Buyer-specific and excluded. |
Strategy Recommendation
Amenity/equestrian land with small buildings.
Strategy Rating
| Land / amenity hold | ★★★★☆ |
| Income potential | ★★☆☆☆ |
| Development optionality | ★★☆☆☆ |
Key Risks
- Temporary/dilapidated buildings and no connected services.
- Legal pack, title boundaries, rights of way and seller charges must be reviewed before bidding.
- Land value and income can be highly location- and use-specific.
Analysis Confidence
Medium for source facts; low for future value scenarios until a rural surveyor/land agent confirms local comparable evidence and permitted use.
Auction Details :
Kivells
Auction Date :
02/09/26
Lot Number :
024
Property Location:
Milladon Lane, Trerulefoot, PL12
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