2-bedroom flat · PL15 7AZ
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***no forward chain*** Conveniently positioned, taking advantage of the local amenities in the heart of the town centre is this purpose-built top floor flat designed for those aged 55 and over.
The property features 2 bedrooms and light and airy living accommodation with well presented décor and a lovely view towards the Castle and up Westgate Street. Please .
To the rear of the property are 2 bedrooms and a shower room.
The master bedroom is a comfortable double with a built in wardrobe and bedroom two is a good size single or possibly separate dining room if desired.
The sitting/dining room is at the front of the building and opens to the updated kitchen which has an integrated hob with space for white goods.
The shower room is a generous size and features double shower enclosure. The property has central heating and a gas boiler.
Throughout the property there are emergency pull cords in each room giving extra piece of mind. A communal balcony overlooks the beautiful Norman Castle.
The building benefits from a lift serving all floors and secure residents parking on a first come first served basis.
Entrance Hallway Living Room / Dining Room (5.90m x 3.50m (19'4" x 11'5" )) Kitchen (2.20m max x 2.20m max (7'2" max x 7'2" max)) Bedroom 1 (4.10m max x 2.70m (13'5" max x 8'10" )) Bedroom 2 (3.80m max x 2.00m (12'5" max x 6'6" )) Shower Room (2.70m max x 2.20m (8'10" max x 7'2" )) Services Mains Electrcity, Water and Drainage Council Tax Band B Expiry of the Lease - 2116 Service Maintenance Charge- £268.74 per month
Value & comps
No previous sales on record.
Returns
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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 25, Westgate Mews, Launceston
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