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See how verdicts work3-bedroom semi-detached house · PL15 9GN
Sold STCReduced £10k (−3.7%) on 27 OctListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This semi-detached house is arranged over three floors and was built by developers Wain Homes during 2020 so still enjoying the remainder of the ten year NHBC guarantee.
Inside, the ground floor entrance hall provides internal access to the single integral garage, a convenient shower room and storage cupboard, along with stairs to the first floor which hosts a modern family bathroom that benefits from a matching white suite.
The generous living room is light and airy due to a Juliette balcony with inward open French style doors providing far reaching countryside views.
The kitchen/dining room is fitted with an array of matching white units situated above and below a dark wood working surface.
There is space and plumbing for a washing machine and the electric oven, gas hob and extractor are included within the sale.
Patio doors lead from the dining area outside to a large decked area and enclosed terraced garden, with plenty of room for outdoor entertainment. The second floor hosts all three of the bedrooms.
The master bedroom enjoys the exclusive use of an en-suite shower room. A WC completes this level. The home is heated by mains gas central heating and is double glazed throughout.
All the town facilities are close by and the property comes to the market with no onward chain. Internal viewing is highly recommended.
The property is conveniently situated within a popular edge of town development approximately one mile from the heart of the town centre which boasts a range of shopping, educational, commercial and recreational facilities.
The town lies adjacent to the A30 dual carriageway giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
The city of Plymouth is within 25 miles and has more extensive facilities and a Continental Ferryport.
Agents Note There is an annual maintenance fee to live on this development for the upkeep of communal areas and landscaping. This charge is £200 per annum and is subject to review.
There is a shared external staircase with the neighbouring property to the rear garden. From Launceston head over the A30 towards Callington on the A388.
Upon reaching the roundabout at Stourscombe, take the second exit where the development will be identified on the right hand side.
As you drive into the estate, bear around to the right following the road down the hill where No. 27 Chestnut Drive will be identified on the left hand side marked with a Webbers For Sale Board.
what3words.com - ///debater.waltzed.cricket Garage 2.54m max x 0.46m'0.2m max Shower Room/WC 0.9m x 4.06m Storage 0.9m x 1.63m Kitchen/Dining Room 4.9m x 3.18m Living Room 4.88m max x 4.83m max Bathroom/WC 1.7m x 1.96m Bedroom 1 4.9m x 3.2m En-suite 1.52m max x 2.03m max Bedroom 2 2.54m x 3.89m Bedroom 3 2.29m max x 3.66m max WC 0.84m x 1.52m SERVICES Mains water, electricity, drainage and gas.
COUNCIL TAX C: Cornwall Council. TENURE Freehold. VIEWING ARRANGEMENTS Strictly by appointment with the selling agent.
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

FAQ
About Chestnut Drive, Launceston, Cornwall, PL15
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