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See how verdicts work2-bedroom house · PL15 7NW
Listing removedReduced £3.3k (−2.1%) on 20 JunListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £154,000 based on an average saving of 33%.
Market Value Price: £230,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £230,000, please contact the estate agent Webbers.
Property description This double fronted, very well presented semi-detached home is one of four similar homes situated in the centre of this picturesque Cornish village.
It was thought to have been constructed during the 1970's.
In recent times amongst other improvements our vendors have had a new fitted kitchen installed and the boiler, which runs on bottled gas has been replaced.
Inside the property, on entering into a small lobby there are ascending stairs to the first floor and doors opening to both the ground floor rooms.
The comfortable sitting room enjoys a stone clad feature fireplace currently set up to accommodate an electric heater.
The kitchen/dining room is fitted with wood effect units situated both above and below a roll top working surface and tiled splashback.
There is a matching breakfast bar and the electric cooker, hob and extractor fan are included within the sale. There is a door leading out to the garden.
Upstairs, both the double bedrooms have useful fitted wardrobes. The bathroom has a matching white suite and an electric shower positioned over the bath.
Outside, the rear paved garden is fully enclosed by a high wall and is easy to maintain, with a pedestrian door allowing access to the attached single garage which provides parking along with a space in front directly off the quiet lane running through the village.
The property is situated in the village of Bathpool on the edge of Bodmin Moor and within the parish of North Hill. The parish is served by St Torney Church at North Hill.
Within a few miles the villages of Rilla Mill, Coads Green, Upton Cross and North Hill can be found, all of which offer many village facilities.
North Hill has a Public House (with a small essential shop within), Parish Church and Car Repair Garage with Coads Green having a County Primary School.
Upton Cross also has a County Primary School, Public House and the Sterts Theatre.
The property has access to the rugged terrain of Bodmin Moor and in particular the former mining settlement of Minions in the heart of Twelve Mens Moor close to Caradon Hill.
Further comprehensive shopping, commercial and recreational facilities are located in either Launceston (8.5 miles) or Liskeard which is approximately 8 miles.
Excellent transport links can be found in the cathedral city of Exeter by road, rail and air (Exeter International Airport) which is about 50 miles.
The A30 dual carriageway can be reached in approximately 15 minutes.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 4 Mill Lane Bathpool, Launceston Cornwall, Cornwall
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