3-bedroom semi-detached house · PL15 9AB
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This light an airy 1920’s built semi-detached house is situated just a stones throw from the town centre, carparks, local schools and amenities.
Heating and hot water is provided by a mains gas central heating system and the windows are double glazed.
The rear garden is enclosed and divided into areas including a level paved patio suitable for enjoying a BBQ or outside entertaining, as well as a vegetable patch and timber shed.
A gardeners WC is accessed from the small yard adjacent and attached to the house which also accommodates the boiler.
Inside, this family home is well presented and offers comfortable accommodation which includes the lounge with a woodburning stove and a bay window looking out onto the raised front garden.
The kitchen has a range of light coloured cupboards positioned both above and below a dark worktop. The gas hob and electric oven, along with the fridge freezer will be included within the sale.
The dining area enjoys a pantry and space for a table and chairs.
Upstairs, all three bedrooms are served by the family bathroom with a matching white suite, a shower and glass screen are in place over panel bath.
The property is situated a short distance from the heart of Launceston Town Centre. The town boasts a range of commercial, recreational and educational facilities.
There are further shopping amenities nearby including a Tesco Superstore and a Retail Park.
Launceston boasts numerous Primary Schools, a Secondary College, Leisure Centre and an 18 hole Golf Course and lies adjacent to the A30 trunk road giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
(On foot) From our offices in Launceston Square proceed through the White Hart Arcade and right into Madford lane. At the end of Madford Lane turn left and immediately left again into Bounsalls Lane.
No. 14 will be located on the right hand side marked with a Webbers For Sale Board.
what3words.com - ///warp.lights.benched Kitchen/Dining Room 5.16m max x 3.33m max Lounge 3.2m max x 3.07m max exc.
bay Bedroom 1 3.2m max x 3.1m max Bedroom 2 2.77m max x 3.35m max Bedroom 3 2.2m x 2.3m Bathroom/WC 1.8m max x 2m max Timber Shed 2.54m x 1.8m SERVICES Mains water, electricity, drainage and gas.
COUNCIL TAX B: Cornwall Council. TENURE Freehold. VIEWING ARRANGEMENTS Strictly by appointment with the selling agent.
Value & comps
No previous sales on record.
Returns
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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 Bounsalls Lane, Launceston, Cornwall, PL15
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