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See how verdicts work2-bedroom property · PL15 7FY
For saleReduced £5k (−2.1%) on 20 JunListed 466 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a quiet position within this modern development is this very well presented semi detached house.
Offering 2 double bedrooms along with an enclosed garden and 2 parking spaces side by side. The rear garden has been totally re landscaped and is very attractive to sit out in.
This property is ready made for first time buyers. You step into a hallway with a door into the front aspect sitting room.
There is plenty of room for furniture and a further half glazed door opens into an inner hallway with access to the WC. Overlooking the enclosed garden is the modern kitchen/dining room.
There are a range of modern eye and base level units plus numerous integrated appliances including a dishwater. To one side of this room is a further door into a built in storage cupboard.
French doors open out to the garden, perfect for summer evenings. On the first floor are 2 double bedrooms and a family bathroom.
The master bedroom is front aspect and is a generous size with a built in wardrobe and another door to an over stair cupboard. Bedroom 2 overlooks the rear garden and is a comfortable double bedroom.
The family bathroom has a matching 3 piece suite including a shower over the bath. The rear garden is East facing and has been totally re landscaped and is fully enclosed to all sides.
There is a level an area of lawn perfect for children and pets. Adjoining the kitchen is an extended patio area which is ideal for outside dining or somewhere to enjoy the sun or place a hot tub!
At the end of the garden is another seating area taking advantage of the afternoon and evening sun. There is a private path down the side of the property to a pedestrian gate.
Immediately in front of the property are 2 parking spaces side by side. The property is located along a no through road opposite a green area bordered by a mature hedgerow.
Entrance Hallway Sitting Room (3.94m max x 3.55m (12'11" max x 11'7" )) Inner Hallway Wc (1.80m x 0.86m (5'10" x 2'9" )) Kitchen / Dining Room (4.49m max x 2.81m (14'8" max x 9'2" )) Plus Storage Cupboard First Floor Bedroom 1 (3.53m x 3.37m (11'6" x 11'0" )) Excluding 2 Fitted Cupboards Bedroom 2 (3.40m x 2.50m (11'1" x 8'2" )) Bathroom (2.01m x 1.88m (6'7" x 6'2" )) Services Mains Electricity, Water, Gas and Drainage.
Council Tax Band B Agent Note We have been informed there is an estate management charge tbc per annum.
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.
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Agent & docs
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FAQ
About 18, Grammers Park, Launceston
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