2-bedroom flat · PL15 7BJ
Listing removedListed 445 days
Opportunity summary
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About
A modern rear facing 2 bedroom purpose built apartment positioned on the first floor of this building which has lift access and is conveniently located for Launceston town and nearby Asda, bus stop and town centre.
Well presented with modern flooring and newly redecorated throughout. You enter the property into a spacious hallway with access to all rooms.
The kitchen offers a range of eye and base level units under granite worktops and also benefits from integrated appliances.
The rear aspect sitting room offers plenty of natural light from the floor to ceiling sliding door with Juliette balcony.
The master bedroom is also rear aspect and offers plenty of room for a king size bed and freestanding wardrobes.
The second bedroom is side aspect and is a single room or has potential as a hobbies room or study.
The apartment benefits from underfloor heating throughout To the side of the building is a security entrance door with a telephone intercom system.
Beyond there is a communal hallway and lift accessing all floors throughout the building. To the rear of the building is an allocated off road parking space private to the apartment.
Built in 2003 the building consists of 14 purpose built apartments and is suited to a variety of audiences including first time buyers, investors and the retired/semi retired.
Entrance Hallway Kitchen (2.72m x 2.18m (8'11" x 7'1")) Sitting Room (3.78m x 3.1m (12'4" x 10'2")) Bedroom 1 (4.06m x 2.84m (13'3" x 9'3")) Bedroom 2 (2.69m x 1.78m (8'9" x 5'10")) Shower Room (2.13m x 1.88m (6'11" x 6'2")) Services Mains Gas, Electricity, Water and Drainage.
Gas Underfloor Heating. Council Tax Band A. Agent Note Expiry date of lease- 999 years from 1 August 2003 Current service management charge- £120 per month
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 13, Dowr Close, Western Road, Launceston
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