2-bedroom house · PL15 9GS
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on a newly established development is this modern 2 double bedroom semi detached house with an open plan kitchen/sitting/dining room.
There is an enclosed rear garden plus off-road parking for 2 vehicles. The property has the remainder of its 10 year NHBC warranty. You enter into a hallway with staircase to the first floor.
A door takes you through to a light front to rear aspect open plan kitchen/dining/sitting room.
The kitchen area is a good size with a range of modern eye and base level units together with a range of built-in appliances, waste disposal unit, plumbing for dishwaster and space for white goods.
A large breakfast bar overlooks the sitting area which enjoys a view out of the French doors into the garden. Finally discretely located under the staircase is a W/C and small understairs recess.
On the first floor are 2 double bedrooms and a family bathroom. The master bedroom is rear aspect with a view over the garden with a view towards nearby fields and Kit Hill.
There is plenty of space for freestanding furniture if desired. Bedroom 2 is another double that is front aspect and has a recess ideal for a freestanding wardrobe.
There are additional power sockets in the lounge and bedrooms, offering flexible layout options along with updated Oak doors throughout. In front of the property is a small garden.
To the side of the property is tandem off-road parking for 2 vehicles. The property also has the benefit of an EV car charger for those with an electric vehicle.
The rear garden is enclosed to all sides with a pedestrian gate from the driveway. Adjoining the sitting room is a small paved patio.
Steps lead down to a garden which has been landscaped with low maintenance gardening in mind. There is tremendous scope to further landscape the garden to a purchasers own design and style.
At the bottom of the garden is a detached garden shed and space for a greenhouse. The garden adjoins a natural hedge line with attractive deciduous trees.
Entrance Hallway Kitchen / Breakfast Room (4.29m x 2.77m (14'0" x 9'1" )) Sitting Room (3.91m x 3.52m (12'9" x 11'6")) Wc (1.60m x 1.30m (5'2" x 4'3" )) First Floor Landing Bedroom 1 (3.91m x 3.00m (12'9" x 9'10" )) Bedroom 2 (3.91m max x 2.51m max (12'9" max x 8'2" max)) Bathroom (2.07m x 1.84m (6'9" x 6'0" )) Services Mains Electricity, Gas, Water and Drainage Council Tax Band B There is underfloor heating to the ground floor.
Ethernet cabling to the lounge and second bedroom Agent Note We understand there will be an estate management charge on completion of the estate.
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 20, Barley Rise, Launceston
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