3-bedroom flat · PL15 7BJ
For saleReduced £5k (−2.7%) on 8 AugListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and beautifully appointed 3 bedroom penthouse apartment situated on the edge of the town with two allocated parking spaces and found in a well maintained building.
The property may appeal to a wide range of potential buyers including those looking for a low-maintenance bolthole, first time buyers or retirement buyers.
There is a lift in the building taking you to the top floor where the property is situated.
The accommodation includes an impressive open living room and an open-plan kitchen and breakfast room with a stylish fitted kitchen and space for a breakfast table.
The master bedroom is a generous size with space for freestanding furniture. To one side of the room there is a fitted wardrobe and an en-suite shower room.
Bedroom 2 is another good double room and bedroom 3 is currently used as a study. Both bedroom 2/3 share the family bathroom.
The property is beautifully presented with light and airy living accommodation with double glazed windows and mains gas underfloor central heating.
The property can be found in a convenient location within walking distance of a local convenience store.
Entrance Hallway Kitchen / Breakfast Room (4.94m max x 2.87m (16'2" max x 9'4")) Living Room (4.74m x 4.54m max (15'6" x 14'10" max)) Master Bedroom (5.35m x 3.18m max plus recess (17'6" x 10'5" max) En-Suite (2.23m x 1.95m plus fitted wardrobes (7'3" x 6'4" p) Bedroom 2 (3.25m x 3.11m (10'7" x 10'2")) Bedroom 3 (2.78m x 2.36m max (9'1" x 7'8" max)) Bathroom (2.76m x 2.17m (9'0" x 7'1")) Services Mains Electricity, Gas, Water and Drainage Council Tax Band B Leasehold - 977 years Current Service Maintenance Charge - £125 per month
Value & comps
No previous sales on record.
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 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.
Area
Agent & docs
FAQ
About 19 Dowr Road, Western Road, Launceston
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