2-bedroom flat · PL15 7AS
Listing removedListed 45 days · slow let
Opportunity summary
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About
Two bedroom, first floor flat with fantastic views, close to the town centre of Launceston. Available to rent on 6 month renewable tenancy.
Hallway, 2 double bedrooms, bathroom, lounge/diner, kitchen, parking space & communal drying area. G.F.C.H. EPC Band: C. Landlord Prefers Some pets may not be allowed Available Mid September.
Tenant Fees Apply. Accommodation To Include: Communal stairs leading to entrance door to: Hallway Radiator, smoke alarm, built in cupboard with hooks and shelf.
Bathroom White suite comprising WC, wash hand basin and large cubicle with mixer shower and tiled surround. Vinyl flooring, radiator, extractor fan.
Bedroom 2 Double room, radiator, window to rear with views over the surrounding town and countryside.
Bedroom 1 Double room, radiator, window to rear with views over the surrounding town and countryside. Lounge Radiators, window to rear and side with views over the surrounding town and countryside.
Steps up to: Kitchen Range of wall and base units with wooden effect work surfaces and integrated electric cooker with gas hob above.
Stainless steel sink unit, windows to the rear with surrounding views, washing machine and tumble dryer, fridge freezer, radiator, gas fired boiler, vinyl flooring.
Outside To the rear of the property is parking for one car and communal drying area. Services Mains water, drainage, electricity & gas.
Council Tax band: A (C.C) Ofcom predicted broadband services - Standard: Download 19 Mbps, Upload 1 Mbps.
Ultrafast: Download 1000 Mbps, Upload 220 Mbps Ofcom predicted mobile coverage for voice and data: Internal - O2 & Vodafone- None. EE & Three- Limited.
External - EE, Three, O2 & Vodafone- Likely. Situation The property is situated in a very accessible location, a short distance from the town centre.
Launceston has numerous shops, boutiques, sporting and social clubs, fully equipped leisure centre and two 18-hole golf courses.
There are doctors', dentists' and veterinary surgeries, 24-hour supermarket, M&S Food Hall and education facilities available up to a-level standard.
There is access to the A30 trunk road, which links the Cathedral cities of Truro and Exeter.
At Exeter there is access to the M5 network, main line railway station serving London Paddington and an international airport.
Directions From the A30 at Pennygillam roundabout, take the exit signposted Town Centre. Follow this road down towards the town and at the Launceston Stags office turn left down into the car park.
Flat 5 can be found on the first floor of this building. Letting The property is available to let on an assured periodic tenancy, unfurnished and is available September.
Rent: £700.00 pcm exclusive of all charges.
Deposit: £807.00 returnable at end of tenancy subject to any deductions (all deposits for a property let through Stags are held on their Client Account and administered in accordance with the Tenancy Deposit Scheme and Dispute Service).
References required viewings strictly through the agents. The Landlord would prefer Some pets may not be allowed residing at this property.
Holding Deposit & Tenant Fees This is to reserve a property and set off against the first month’s rent and deposit.
The Holding Deposit (equivalent of one weeks rent) will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to Rent check, provide materially significant false information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
For full details of all permitted Tenant Fees payable when renting a property through Stags please refer to the Scale of Tenant Fees available on Stags website, office or on request.
Tenant Protection Stags is a member of the RICS Client Money Protection Scheme and also a member of The Property Redress Scheme.
In addition, Stags is a member of ARLA Propertymark, RICS and Tenancy Deposit Scheme. Renters' Rights Act The first phase of the Renters Rights Act was implemented on the 1st May 2026.
The legislation introduced many reforms affecting how tenancies are conducted.
This includes the introduction of the month to month Assured Periodic Tenancy ending the fixed term agreement and the abolition of section 21 notices now utilising the amended Section 8 notice provisions plus other reforms.
For further information and guidance please contact our offices or visit our Renters Rights Hub at .
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
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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
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FAQ
About Flat 5, The Old School House, Launceston
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