2-bedroom terraced house · PL15 8HN
Listing removedListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a home with genuine character and a strong sense of individuality, combining the appeal of a Grade II Listed cottage with the convenience of being close to the centre of town.
The accommodation is arranged around comfortable, well proportioned spaces that feel practical as well as full of personality, with slate tiled floors bringing a distinctive period touch and reinforcing the cottage’s sense of age and texture.
The kitchen/dining room provides an inviting and functional part of the house, with space to combine cooking and informal dining in a way that suits everyday life well.
There is an array of fitted light coloured cupboards placed both above and below the tiled splashback and timber effect roll top working surface.
The electric cooker, under counter fridge, fridge/freezer and washing machine are included within the sale.
Elsewhere, the accommodation is supported by two double bedrooms, giving the property a level of versatility that will appeal to a range of buyers, whether as a main home, a lock up and leave base or somewhere with room to work from home.
One of the most memorable aspects of the property is its outside space.
The large garden is a particularly attractive feature for a cottage so close to town, offering a well stocked setting with real scope for enjoyment through the seasons.
It gives the house a more relaxed and established feel, and creates valuable room for gardening, sitting out or simply enjoying a greener setting close to daily amenities.
Further adding to the practicality is the studio.
This space broadens how the property can be used and will be especially appealing to buyers looking for storage, creative space or some separation from the main living accommodation.
Overall, this is a distinctive town cottage that combines heritage, useful flexibility and strong lifestyle appeal.
Launceston Town Centre offers a wide range of 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.
Situated within closer proximity there are day to day shopping amenities found at the Greenaways Garage, Newport Spar Shop and the Co-operative supermarket on the Newport Industrial Estate.
AGENTS NOTE There is a shared pedestrian pathway at the end of the garden. From Launceston Town Centre proceed down the A388 (St. Thomas Road).
Upon reaching the roundabout at Newport continue straight ahead up St. Stephens Hill where No. 14 will be identified a short distance along on the right hand side marked by a Webbers For Sale Board.
what3words.com - ///hurt.lunge.holdings Porch 1.02m x 1.8m Sitting Room 4.1m max x 3.68m max Kitchen/Dining Room 4.88m max x 2.9m max Bedroom 1 5.16m max x 3.73m max Bedroom 2 3.33m x 3.02m Bathroom/WC 1.83m max x 2.1m max Outside WC 1.75m x 1.04m Studio 3.5m max x 5.61m max Shed 1.52m x 0.84m SERVICES Mains water, electricity and drainage.
COUNCIL TAX B: Cornwall Council. TENURE Freehold. VIEWING ARRANGEMENTS Strictly by appointment with the selling agent.
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 St. Stephens Hill, Launceston, Cornwall, PL15
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