2-bedroom semi-detached house · PL15 7FZ
Listing removedListed 110 days · slow let
Opportunity summary
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About
A brand new semi-detached home, situated on the popular Chapel Gate site. Finished to a high standard with built in wardrobes in both bedrooms.
Comprising a bright lounge, kitchen/diner, downstairs W/C, two bedrooms and a family bathroom. Entrance into hallway with stairs to 1st floor in front.
Door leading into; Lounge A bright and airy room with double glazed windows to front elevation, newly fitted grey carpet throughout, two gas-fired radiators and pendant light to ceiling.
Downstairs W/C Comprising a low-level W/C, hand wash basin with tiled splashback and gas fired radiator.
Door into; Kitchen/diner A good-sized kitchen diner with double patio doors out to garden, providing ample light.
The kitchen comprises a range of floor and wall mounted cupboards in a pale grey colour with a contrasting white stone effect countertop and splashback.
Built-in oven, fridge freezer, dishwasher and washing machine. Stainless steel sink with mixer tap. Laminate flooring throughout, gas fired radiator and pendant light to ceiling.
Ample space for dining table and chairs.
From the entrance porch, the stairs lead up to the first-floor landing with doors off to; Bedroom one a double bedroom with two double glazed windows to front elevation.
The room benefits from built-in double wardrobes, an over stairs cupboard and a further storage cupboard. Newly carpeted throughout, gas-fired radiator and pendant light to ceiling.
Bedroom two A bright room with window overlooking the rear garden. The room benefits from a 1.5 built-in wardrobe. Newly carpeted throughout, gas-fired radiator to wall and pendant light to ceiling.
Family bathroom A newly fitted matching three-piece suite comprising a low-level W/C, hand wash basin with tiled splashback and bath tub with mixer shower above and glass shower screen.
Neutrally tiled throughout, laminate flooring and don't style like to ceiling. Obscured window to rear elevation. Outside The property benefits from two allocated off-road parking spaces to the front.
To the rear is a good-sized garden, with a gently sloping tier and steps to join the two levels together. The garden is due to be laid to lawn shortly.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Long Meadows, Launceston, PL15
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