2-bedroom flat · PL15 9TS
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In this well appointed location, with field views, this two bedroom coach house offers a private ground floor entrance hall, where upstairs, from the hallway is the open plan living room, which is generous enough to accommodate a wide range of furniture.
The kitchen area is comprehensively fitted with plenty of storage cupboards, both floor and wall mounted, integrally installed under a roll top working surface and included within the let is a dishwasher, electric oven, gas hob and extractor fan.
The spacious bathroom/WC has a large white 'P' shaped panelled bath with a shower over, the hand basin has vanity storage units below and a large mirror above, there is a WC and a heated towel rail.
The two bedrooms are both light and airy and one is double in size. Heating is provided by mains gas central heating and all the windows benefit from UPVC double glazing.
The coach house has a single off road parking space. From Launceston Town Centre proceed along Exeter Street until reaching Prouts Corner.
Continue heading down Kensey Hill towards Okehampton where you will identify the Kensey Valley Meadow development on the left.
Having turned off this main road proceed straight ahead at the next mini-roundabout and then right.
Follow the road around to the right and the back of the property will be seen close to the end of the development on the left hand side.
Drive under the property and the front door will be located on your left.
what3words ///fists.emblem.alarming Lounge/Dining Room 3.1m max x 5.33m max Kitchen 3.05m max x 2m max Bedroom 1 3.33m max x 4.14m max Bedroom 2 2.24m x 2.18m Bathroom/WC 1.8m x 2.06m
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Kensey Valley Meadow, Launceston, Cornwall, PL15
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