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See how verdicts work6-bedroom detached house · PL15 8LW
For saleReduced £6.8k (−2.1%) on 21 AugListed 426 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £318,250 based on an average saving of 33%.
Market Value Price: £475,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £475,000, please contact the estate agent Webbers.
Property description Our vendors purchased this detached modern property during 2013.
Since then with their growing family in mind they have added a large two storey extension which currently has given them an extra three bedrooms over their double garage equally six bedrooms in all.
They have designed the layout so that it could be relatively straight forward to adapt to form a one bedroom granny annexe. A functioning kitchen is already in place.
On entering the property from the village lane on foot via the pedestrian gate you approach the front door and will notice the array of established fruit trees.
There is a gravel driveway which is large enough to provide off road parking for numerous cars and allows access to the double garage which has power connected and a pedestrian side access.
Inside, the welcoming entrance hall has doors opening into a useful office/study.
The light and airy lounge is dual aspect with a window overlooking the front garden and double doors leading out to rear garden. There is a mains gas fire set within an attractive feature fireplace.
The kitchen/dining room allows plenty of space for family sized dining furniture and a comprehensively fitted kitchen includes a gas hob over an integral electric oven, fridge and dishwasher which are all included within the sale.
A spacious utility room has plumbing and space for a washing machine and tumble dryer, as well as a useful sink and a cloakroom/WC.
Our vendors have set up an office suitable for home working within the remaining space. There is an external door leading into a covered corridor allowing access to both the garage and gardens.
Upstairs, the original three bedrooms are all double in size with the master enjoying use of an en-suite shower room with a double sized mains fed shower cubicle.
A family bathroom with a white matching suite, serves two of the bedrooms.
A hallway leads to a shower room/WC and the three newer bedrooms, one of which has a walk in wardrobe and another a kitchenette area with a door into the useful eaves storage space.
The mains gas boiler is positioned within the loft space and heats the radiators throughout the home. The windows are UPVC double glazed.
The rear garden is enclosed by timber fencing and mainly laid to lawn with established planting around the edges and a paved patio area ideal for alfresco dining.
The village of North Petherwin is situated approximately seven miles north of Launceston and has a range of village amenities including a Primary School, Parish Church, Village Hall, Football Club and nearby popular Stumble Inn.
The ancient former market town of Launceston offers a wider range of town amenities including shopping, commercial, educational and recreational facilities and lies adjacent to the A30 trunk road giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
North Petherwin is approximately a 25 minute drive to the stunning North Cornish coastline with great beaches and cliff top walks.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Orchard House North Petherwin, Launceston Cornwall, Cornwall
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