2-bedroom house · PL15 8JF
Listing removedListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming terraced cottage located in a quiet area close to Launceston town centre.
This delightful property boasts character features and a cozy feel that will make you feel right at home.
As you step inside, you are greeted by a reception room that oozes warmth and character, perfect for relaxing or entertaining guests.
To one side is a fireplace housing a gas fired wood burner style stove. Views are enclosed over the garden towards St. Stephens from the rear windows.
The accommodation is spread over three floors, offering a sense of space. On the lower ground floor is a modern kichen & dining room.
The kitchen area has a range of modern units with ample worktop space. Adjoining the kitchen is a dining area, utility room and WC. A further doors open out into the rear garden.
On the first floor are 2 bedrooms. The master bedroom is a good size double overlooking a nearby field. Bedroom 2 is rear aspect and is a large single or small double.
Both bedrooms share a shower room with a matching 3 piece suite. One of the highlights of this property is the enclosed rear garden, a tranquil space where you can enjoy the outdoors in privacy.
Adjoining the cottage is a patio area with a lawn beyond. The garden has a range of mature shrubs and plants offering colour throughout the year.
Although the cottage doesn't have private off road parking there is ample on street parking with a communal turning area.
Whether you are looking for a permanent residence or a holiday home, this property offers a unique blend of character, comfort, and a touch of countryside living.
Entrance Hallway Kitchen / Diner (5.92m max x 408m max (19'5" max x 1338'6" max)) Utility Room (2.31m x 1.71m (7'6" x 5'7" )) W/C (1.02m x 0.80m (3'4" x 2'7")) First Floor Sitting Room (6.16m x 4.20m (20'2" x 13'9" )) Second Floor Bedroom 1 (3.25m x 3.25m (10'7" x 10'7")) Bedroom 2 (2.76m x 2.36m (9'0" x 7'8" )) Shower Room (1.96m x 1.72m (6'5" x 5'7" )) Services Mains Electricity, Gas, Water and Drainage.
Council Tax Band A
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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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About 3 Ivydale Cottages, Launceston
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