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See how verdicts work2-bedroom terraced house · PL15 9NN
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish and traditionally 2 bedroom (1 ensuite) converted barn with a detached studio and double garage. No chain.
Two Double Bedrooms (1 ensuite), Detached Studio Barn, Double Garage, Traditional Barn Conversion, Open Plan Kitchen/Living Space, Mains gas central heating, Just 10 minutes from Launceston.
Freehold, Council Tax Band: Tbc, EPC Band: Tbc. Situation The property is situated in an exclusive development of residential barn conversions, in a semi-rural yet easily accessible position.
The Cornish farm shop and kitchen, Tre, Pol & Pen, is located nearby in addition to the well-regarded public house, The Springer Spaniel and local bus service in the neighbouring village of Treburley.
Launceston is approximately 5 miles away, with a comprehensive range of leisure, shopping and educational facilities along with access to the A30 trunk road linking the cathedral cities of Truro and Exeter.
At Exeter there is access to the M5 motorway network, mainline railway station and an international airport. Description Barn No.
6 is found within this select development and occupies a tucked away, desirable position as you enter the development, on the right hand side.
Converted to an exceptional standard by respected local developers Highfield Homes, the property successfully combines contemporary comfort, including underfloor heating to the ground floor, with the character and authenticity of the original building.
The development was formerly part of the neighbouring Landue Estate and great care has been taken throughout the conversion process to preserve the integrity of the buildings.
Original features include exposed roof timbers, vaulted ceilings, exposed brickwork, oak joinery and traditional slate lintels, complemented by high-quality modern finishes.
The property is offered for sale with no onward chain and benefits from the remainder of a six-year Professional Consultant's Certificate.
Accommodation The terraced accommodation is arranged over 2 storeys and has been thoughtfully designed to maximise both space and functionality.
At the heart of the home is a light and welcoming open-plan kitchen/living area, the well-appointed kitchen is fitted with an attractive range of matching units, solid work surfaces and integrated appliances, creating a practical and stylish space for everyday living.
There is a ground floor bedroom and contemporary bathroom and the first floor offers a principal double bedroom with an en-suite bathroom with bath and shower over.
There is a separate storage cupboard with space for hanging/shelving.
The property benefits from mains gas-fired central heating with ground floor underfloor heating, ensuring warmth and efficiency throughout.
High-quality floor coverings have been fitted, further enhancing the overall finish. The ground floor has access to the rear pathway leading to the studio barn.
Outside The property is approach via a low maintenance garden to the front, with a level area of lawn. There is a double garage with power connected and two electric up and over doors.
Detached from the property is a spacious studio barn with power, light and water connected and ample plug sockets offering a fantastic space offering a variety of uses - this has fantastic potential as a hobby room, work from office, separate study or overflow accommodation.
Services Mains electricity, water and private drainage. Mains gas central heating.
Maintenance charges - anticipated to be in the region of £250 per annum and would be responsible for the private drainage system, communal lighting and private roadway.
Broadband availability: Ultrafast and Standard adsl, Mobile signal: Voice and data varied availability (Ofcom). Please note the agents have not inspected or tested these services.
The property is sold subject to all local authority charges. Superfast broadband is ready to connect. Viewings Strictly by prior appointment with the vendors' appointed agents, Stags.
Directions From Launceston proceed towards Callington on the A388 passing through the hamlet of Tregada.
The entrance to Penscombe Barns will be located on the right hand side straight after the turning to Tre-Pol-Pen farmshop and cafe. What3words.com: ///member.reporters.fade
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 6 Penscombe Barns, Launceston
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