2-bedroom house · PL15 8UZ
For saleListed 216 days
Opportunity summary
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About
Subjection to a local occupancy restriction is this 2 double bedroom modern affordable home.
The property is in good order throughout and boasts a generous sitting/dining room, master bedroom with distance views towards Dartmoor and an enclosed rear garden with patio and lawn.
You step into a hallway with a cloakroom and staircase leading off. To your right is a kitchen with a range of modern eye and base level units plus space for white goods.
To the rear of the property is a generous sitting/dining room with French doors opening out to the rear garden. On the first floor are 2 double bedrooms and a family bathroom.
The main bedroom is a rear aspect double bedroom with a distance view over the garden towards Dartmoor.
The bedrooms offers plenty of space for a king size bed and any any freestanding bedroom furniture. Bedroom 2 is a smaller front aspect double.
Both bedrooms share use of the modern family bathroom with a shower over the bath. In front of the property is off road parking for 2 vehicles.
Adjoining the sitting/dining room is a patio area with steps up to a lawn perfect for children and pets. The rear garden is fully enclosed to all sides and offer a good degree of privacy.
Entrance Hallway Cloakroom (1.55m x 0.89m (5'1" x 2'11")) Kitchen (3.00m x 2.03m (9'10" x 6'7" )) Living Room / Dining Room (4.32m max x 4.17m max (14'2" max x 13'8" max)) First Floor Bedroom 1 (3.99m max x 2.78m max (13'1" max x 9'1" max)) Bedroom 2 (3.53m x 2.16m (11'6" x 7'1" )) Bathroom (1.96m x 1.85m (6'5" x 6'0" )) Services Mains Electricity, Water and Drainage.
Council Tax Band B Agents Note This property is subject to a Section 106 Agreement and is designed for local affordable occupation.
Interested parties must be in housing need and have a local connection to Warbstow, Jacobstow, St Gennys, Otterham, Davidstow, Treneglos, Tremain, Week St.
Mary or North Petherwin as defined in the Section 106. The property is discounted 25% from its open market valuation of £185,000.
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
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FAQ
About 8C, Bury Close, Launceston
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