2-bedroom terraced house · PL15 8JE
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mid terrace cottage arranged over 3 levels within walking distance of the town centre the accommodation comprises, Living room on the entrance (middle) floor, kitchen and bathroom with access to the garden on the lower ground floor and 2 bedrooms on the first floor.
Council tax band: A EPC rating: C Monthly rent: £700 Security deposit: £807 A holding deposit of £161.00 will be required to secure the property pending references.
The property / tenancy will be managed by The Agent following move in.
Lounge (5.77 x 3.09 (18'11" x 10'1")) Kitchen (2.99 x 2.814 (9'9" x 9'2")) Bedroom 1 (3.12 x 2.93 (10'2" x 9'7")) Bedroom 2 (3.09 x 2.46 (10'1" x 8'0")) Bathroom (1.53 x 3.04 (5'0" x 9'11")) Material Information # Verified Material Information ## Costs and tenure Tenure: Freehold Council tax band: A EPC rating: C Monthly rent: £700 Security deposit: £807 Holding deposit: £161 ## The building Mid-terrace house, standard construction Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone good, Three good, EE good Parking: None Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building In In the launceston conservation area (per ; confirm via the local authority search).
No tree preservation order Title register restrictions (CL180235): - The walls between this property and numbers 1 and 4 are shared party walls.
Each owner is responsible for maintaining and repairing their own side up to the centre of the wall.
- The boundary between numbers 2 and 3 is a party boundary and must be maintained and repaired accordingly.
- Where shared rights are exercised, the person exercising them must make good any damage caused to the affected property.
The owner must also pay a fair share of the cost of repairing and maintaining shared rights or facilities.
Long-term flood risk: Yes - River and sea flooding risk: Medium; Surface water flooding risk: Medium; Reservoir flooding risk: Not at risk; Groundwater flooding risk: Unlikely All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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
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FAQ
About 2, Priory Cottages, Launceston
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