3-bedroom bungalow · PL15 9PZ
For saleReduced £15k (−5.2%) on 15 OctListed 33 days
Opportunity summary
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About
A detached three-bedroom bungalow occupying a generous plot, featuring a driveway with parking for multiple vehicles and adjoins countryside to the rear with some far reaching views.
The property benefits from uPVC double glazing, gas central heating, and a good size chiefly level rear garden.
Entrance Hall Timber front door opens into the hallway with doors off to three bedrooms and the living room.
Bedroom 1 A spacious double bedroom enjoying a pleasant rear aspect and an abundance of natural light from the large window overlooking the garden.
The room offers ample space for a double bed and additional bedroom furniture. Bedroom 2 A double bedroom enjoying a pleasant rear aspect with views towards the adjoining countryside.
The room is filled with natural light from the large window and offers ample space for a double bed and accompanying furniture.
Bedroom 3 Another double bedroom, front-facing aspect, and benefiting natural light from the large window.
Living Room A generously proportioned living room featuring large windows to the front aspect that flood the space with natural light, creating a bright and welcoming atmosphere throughout the day.
Offering excellent space for a range of lounge furniture, the room provides a comfortable setting for both everyday living and entertaining.
Neutral décor and easy-care flooring enhance the sense of space. Door to the inner hall. Inner Hall Doors to the bathroom and kitchen.
Bathroom Three-piece white suite comprising a panelled bath with mains-fed shower over, wash hand basin set within a contemporary vanity unit, and WC.
Fully tiled walls enhance practicality and ease of maintenance, while the large frosted window allows plenty of natural light whilst maintaining privacy.
Kitchen A bright and functional fitted kitchen, enjoying an abundance of natural light from the large rear-facing window which offers some views towards the adjoining countryside.
Fitted with a range of matching wall and base units complemented by contrasting work surfaces and tiled splashbacks, the kitchen provides ample storage and preparation space.
There is room for a range of appliances, while the practical layout creates an efficient working environment for everyday cooking and household tasks. A door gives external access out to the garden.
Outside To the front, the property benefits from a large gravelled driveway providing ample off-road parking for multiple vehicles. Paths extend across either side, giving access to the rear.
To the rear, a generous and low-maintenance garden features an extensive paved patio, offering excellent space for outdoor dining, entertaining and relaxing.
There is a greenhouse, decorative gravelled areas, established planting and attractive seating spaces enhance the garden's appeal, while the property's position backing onto open countryside creates a peaceful semi-rural setting and pleasant outlook.
Material Information Tenure - Freehold. Local Authority - Cornwall Council. Council Tax - Band C. Services - Mains electricity, mains water, mains drainage, mains gas. Heating - Gas central heating.
The property is in a mining and radon area. There are polystyrene ceiling tiles in some of the rooms.
A pre-app planning application was submitted on the 20th October 2025 for residential development on the field adjacent to this property. Status awaiting decision.
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 7, Monks Hill, Launceston
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