2-bedroom flat · PL15 7BJ
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An internal viewing is highly recommended for this well presented first floor flat. Ideally suited as an investment opportunity, a first time purchase or a convenient lock up and leave home.
This purpose built property is conveniently located for all the local amenities that the Cornish town of Launceston has to offer including access to the A30 dual carriageway, schools and shops.
The flat is accessed via a communal security door with a secure entrance system in place. The communal stairs and landing are well looked after and cleaned regularly.
There is also a lift in place to all floors. The accommodation comprises of a welcoming hallway, with timber doors off to all rooms.
The kitchen is fitted with quality bespoke solid oak kitchen units with storage placed both above and below an attractive granite worktop and tiled splash back.
The gas hob with extractor fan over, electric oven, washing machine and fridge freezer will all be included within the sale.
The living room enjoys a view from the Juliette balcony over the car park where all the flats are allocated a space each which are clearly numbered.
A generous double size bedroom looks out over the same view. There is also a useful single bedroom and a fully tiled shower room.
The home is situated approximately half a mile from the town centre and it's commercial, recreational and educational facilities.
There are shopping amenities close by including an Asda Express, Tesco Superstore and a Retail Park.
Launceston boasts numerous Primary Schools, a Secondary College, Leisure Centre and an 18 hole Golf Course.
Excellent transport links can be found in the cathedral city of Exeter by road, rail and air (Exeter International Airport), approx. 42 miles from Launceston.
The continental ferry port and city of Plymouth is approximately 26 miles from Launceston and has regular cross channel services to France and Spain.
Agents Note: Please note this development has a no pet policy. From Launceston Town centre proceed along the A388 (Western Road) heading towards Pennygillam Roundabout.
Continue passing the Asda Express garage on the left hand side and immediately afterwards take the left hand turning into the development. No.
13 will be identified on the first floor of the first block.
What3words - ///shaped.last.installs Kitchen (2.7m x 2.18m) Living Room 3.12m max x 3.78m max Bedroom 1 2.82m max x 4.06m max Bedroom 2 1.78m max x 2.7m max Shower Room/WC 1.88m max x 2.16m max Services Mains water, electricity, drainage and gas.
Council Tax A: Cornwall Council. Tenure Leasehold. The property is sold with the remainder of a 999 year lease which was granted in 2003.
The current service charge is £120 per month to include buildings insurance. Viewing Arrangements Strictly by appointment with the selling agent.
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
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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 13, Dowr Close, Launceston
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