59-60 Lemon Street, Truro, Cornwall TR1 2PE - Tel: 01872 273473 - Email:sales@lillicrapchilcott.com
  • Great Bosullow, Nr. Penzance
    New Price 
    Great Bosullow, Nr. Penzance
    £825,000
    Porthpean
    Preliminary Announcement 
    Porthpean
    £1,250,000
    Carclew Road, Mylor Downs - Nr. Falmouth
    New Price 
    Carclew Road, Mylor Downs - Nr. Falmouth
    £1,375,000
    Boscolla, Truro
     
    Boscolla, Truro
    £1,150,000
    Berkeley Vale, Falmouth
    Preliminary Announcement 
    Berkeley Vale, Falmouth
    £650,000
    Newbridge
    Preliminary Announcement 
    Newbridge
    £500,000
    Truro
    Preliminary Announcement 
    Truro
    £900,000
    Cliff Road, Falmouth seafront
    Preliminary Announcement 
    Cliff Road, Falmouth seafront
    £600,000
    .
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Testimonials

“Andrew Chilcott helped us to make the decision to sell our house in the spring of 2018, with the aim of completing a sale by mid January 2019 as the house was a holiday let. They secured a number of offers around the asking price, which confirmed the value of the property. Eventually, the principal buyer in the best position to proceed was given the opportunity to exchange. Throughout the process, Andrew, Jack Greenwood and Mark Bracey acted as excellent communicators and facilitated the answers to many of the questions posed by the buyer. When the latter came up a little short on the finances, they advised us on strategy which they then executed effectively and efficiently. Ultimately, the gap was sufficiently closed and we were able to agree a sale on terms acceptable to us. Throughout, Lillicrap Chilcott's team communicated effectively, advised us wisely and facilitated the process beyond that which we expected, helping to turn round questions in hours, rather than days. This was pivotal in sustaining the momentum. They may not be the cheapest, but the quality of the service is exceptional and we sold our house at a good price in very unsettled market conditions. Thank you to the whole team.”

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Should I buy a listed property?
Mar 2019
 

Cornwall has a rich architectural heritage, reflected in its plethora of ancient monuments and Cornish Mining World Heritage Sites. More than 12,500 buildings in the county are listed, meaning that they have been given protection against unsympathetic alteration and demolition. If you’re considering buying a listed property, here are some of the pros and cons to consider.

                            

Pros

  • Aesthetic appeal – Many listed properties have a traditional ‘chocolate box’ appearance with plenty of character and charm. They often have unique period features, such as ornate fireplaces, cornices, original sash windows, or maybe even a historic mill wheel or well – talking points that you just don’t get in new builds. Older properties typically have more generous proportions than modern homes, which can benefit buyers looking for more spacious accommodation.
  • Historic value – When you purchase a listed property, you’re not just buying a home; you’re buying a piece of history. The property has been listed for a reason, and by renovating it or maintaining it, you’re helping to preserve a valuable piece of Cornish history.
  • Financial value – Listed houses tend to appreciate in value, so a Grade II listed property can be a savvy long-term investment (depending on its condition). A house that was build before 1919 is worth, on average, about 20 per cent more than its modern counterpart. The premium for a 17th Century period home is 34 per cent.
  • Grants – You may be eligible for a grant to help cover the cost of renovating a listed property. Note that this is more likely if you are purchasing a Grade I or Grade II* building than a Grade II property.

Cons

  • Renovation restrictions – Listed properties are subject to extremely strict guidelines, and obtaining permission for extensions or alterations can be a time-consuming process. If permission is granted, you may need to use specialist materials or techniques that will retain the original character of the property. You can find out more about Cornwall’s listed building regulations here.
  • Cost – Older buildings frequently require a lot of remedial work and before exchanging contracts you should get a comprehensive survey to make sure there are no nasty surprises. Given that the building needs to be sympathetically restored using specific materials, the cost of renovating a listed building can be up to 30% more than the cost of renovating a regular property. Insuring a listed building is also more expensive.
  • Responsibility – As the owner of a listed property, you are responsible for any alterations to the property, including previous unauthorised works. Before you buy, double check that any work done to the property had the necessary planning permission so you don’t incur extra liability.

Whether you are buying or selling a property, Lillicrap Chilcott offers expert advice and professional service. Contact us today for more information or view available listed and non-listed properties on our website.