3-bedroom bungalow · PL15 9NE
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on a quiet village cul de sac is this detached bungalow requiring a degree of modernisation and updating but offering huge potential.
The property enjoys nearby countryside views, a garden to 3 sides and 2 garages. No forward chain. You step into a hallway with doors to a cloakroom and 2 built in storage cupboards.
To one side is the dual aspect sitting/dining room with a large picture window overlooking the gardens and a rural backdrop beyond.
A door leads into the extended kitchen overlooking the rear garden There is scope to update and replace the units to a purchasers own design and style.
Adjoining the kitchen is a door into a rear aspect porch with a further door out to the garden. There are 3 bedrooms in total all sharing the shower room.
The main bedroom is a good size double with a pleasant view towards open countryside. Bedroom 2 is another double bedroom with a window that overlooks the private rear garden.
Finally bedroom 3 is a front aspect single bedroom or study. In the shower room is a double shower enclosure but a bath could reinstated if desired.
In front of the property is an elevated lawn which continues down the side of the property. From here you enjoy a view towards open rural countryside.
The rear garden offers a good degree of privacy and seclusion and is primarily laid to lawn with a few well stocked flower borders.
To the rear of the property is a single garage with an electric roller door. To the rear of the garage is a useful workshop area.
Adjoining the garage is a further single garage with a door into the garden. In front of the garages is a driveway for 2/3 vehicles.
Entrance Hallway Wc (1.91m x 1.06m (6'3" x 3'5" )) Sitting & Dining Room (6.50m x 3.34m (21'3" x 10'11" )) Kitchen & Breakfast Room (4.13m x 3.31m (13'6" x 10'10" )) Porch (2.17m x 1.76m (7'1" x 5'9" )) Bedroom 1 (3.81m x 3.28m (12'5" x 10'9" )) Bedroom 2 (3.35m x 3.12m (10'11" x 10'2" )) Bedroom 3 (2.98m x 2.12m (9'9" x 6'11" )) Shower Room (2.21m x 2.08m (7'3" x 6'9" )) Garage 1 (5.13m x 2.59m (16'9" x 8'5" )) Garage 2 (6.49m x 2.05m (21'3" x 6'8" )) Workshop (3.59m x 2.36m (11'9" x 7'8" )) Services Mains Electricity, Water and Drainage.
Council Tax Band D
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 advisors 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.
Area
Agent & docs
FAQ
About 1, Holmans Meadow, Launceston
Explore nearby