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See how verdicts work2-bedroom flat · PL15 7HE
For saleReduced £2.5k (−2%) on 14 OctListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented 2 bedroom second floor apartment situated in a popular residential area with a parking space and within walking distance of the local convenience store.
This property may appeal to first time or investment buyers alongside those wanting to live close proximity to amenities. Offered for sale with no onward chain.
The property is approached off a communal staircase through a private door into a hallway with doors into all accommodation. The kitchen is open plan to the sitting/dining room.
The kitchen area has a range of modern eye and base level units plus a breakfast bar. Beyond here is the rear aspect sitting room with a large picture window.
The main bedroom is front aspect and enjoys and elevated view over Hendra Garden towards nearby open countryside. The main bedroom offers plenty of room for a double bed and freestanding furniture.
Bedroom 2 is another front aspect single bedroom again with a pleasant green outlook. The bathroom is a particularly generous size with a matching 3 piece suite including a shower over the bath.
The property benefits from an off road parking space out the front of the property along side a refuge storage area.
Kitchen / Living Room / Dining Room (5.87m x 2.13m (19'3" x 6'11" )) Bedroom 1 (3.68m x 2.44m (12'0" x 8'0" )) Bedroom 2 (3.11m x 1.88m (10'2" x 6'2" )) Bathroom (3.40m x 1.75m (11'1" x 5'8" )) Services Mains Electricity, Water, Gas and Drainage.
Council Tax Band A Lease Info Lease Information To Be Confirm. Management Charge - £153.35 annually.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 1b Hendra Vale, Hendra Vale, Launceston
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