2-bedroom terraced house · PL15 8HY
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The owner has drastically improved the Energy Efficiency of this property with internal wall insulation (external walls) and a brand new gas central heating system. New EPC rating is a C.
Limited outside space with large outhouse. Roadside parking. Nearby large green area / childrens pay park. Entrance into Porch Area for coats/shoes. Newly fitted matting.
Internal door leads into lounge/diner. Living Room - 21'4" (6.5m) x 12'2" (3.71m) Great size room. New wood effect luxury vinyl tile flooring.
Ornamental fireplace (not working - cosmetic/focal point only). Under stair storage cupboard. Door leads to kitchen. Stairs rise to first floor.
Kitchen - 10'1" (3.07m) x 9'1" (2.77m) Newly fitted kitchen. New luxury vinyl tile flooring. Free standing cooker. Space for fridge/freezer. Space for washing machine and slimline dishwasher.
Door leads to side of property. Bedroom 1 - 12'6" (3.81m) x 10'6" (3.2m) Good size room. Newly fitted neutral carpet. Dual aspect windows to the front of the property.
Landing Fitted double shelved cupboards. Further large airing cupboard. New neutral carpet. Bedroom 2 - 10'4" (3.15m) x 6'10" (2.08m) New neutral carpet.
Bathroom Comprising of a bath with shower over, wash hand basin, wall mounted heated towel rail plus electric downflow heater. New luxury vinyl tiles flooring WC Separate toilet.
New luxury vinyl tile flooring. Outside The property has no private parking and parking is classed as nearest roadside parking available. A front gate leads to a path that wraps around the property.
Path to front door and to side door/ rear of property. A small hardstanding area adjacent to the `outhouse` The `outhouse` has electric and lighting and is good size.
Permitted Payments The following are permitted payments which we may request from you: a) The rent b) A refundable tenancy deposit (reserved for any damages or defaults on the part of the tenant) capped at no more than five weeks` rent where the annual rent is less than £50,000, or six weeks` rent where the total annual rent is £50,000 or above c) We may also charge for other permitted payments, under the relevant legislation, such as contractual damages d) Reasonable cost to replace lost keys/security device e) Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher f) Payments associated with early termination of the tenancy, when requested by the tenant g) Payments in respect of utilities, communication services, TV licence and council tax; and h) A default fee for late payment of rent Neal Associates Ltd is a member of CMP - Client Money Protect which is a client money protection scheme.
Neal Associates Ltd is a member of The Property Ombudsman which is a redress scheme. You can find out more details on the agent`s website or by contacting the agent directly.
Viewing / Pre Screening Before you are offered a viewing a pre referencing credit check will be undertaken to ensure you meet referencing requirements.
Subject to this, viewings will be offered on a `first come first served` basis. Full referencing will be undertaken if you wish to apply for a tenancy.
For more details please contact us: Material Information Property Type - End of Terraced House Utilities - Heating = New Mains Gas Central Heating EPC Rating - C Council Tax Band - A Electric Supply = Mains Water & Drainage = Mains Broadband Connection = Standard & Ultrafast availability (as sourced via Ofcom) Networks available = Openreach Mobile Phone Signal = Mobile Phone Signal (as sourced via Ofcom) EE: Good - Outdoor / 71% (performance across district) Three: Variable - Outdoor / 64% (performance across district) O2: Good - Outdoor / Variable - In home = 37% (performance across district) Vodaphone: Good - Outdoor / Variable - In home = 70% (performance across district) Parking - Nearest `roadside` parking Rights & Restrictions - None Listed Building - No Restrictions - No Flood Risk - (as sourced via Gov.uk) Surface Water - Very Low Rivers and Sea - Very Low Ground Water - Unlikely Resevoirs - Unlikely Erosion Risk - No Notice All photographs are provided for guidance only.
Redress scheme provided by: The Property Ombudsman (D11257) Client Money Protection provided by: CMP Client Money Protect (CMP002075)
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 Tredydan Road, Launceston
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