1-bedroom flat · PL15 8AY
For saleListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented 1 bedroom flat situated in the heart of Launceston Town Centre. The property has no onward chain and features a great direct view of Launceston Castle.
The property features an entrance hallway with doors to all the accommodation. There is a double bedroom which enjoys the great view of the Castle and has a useful storage recess.
There is a well presented shower room alongside an open plan living room and kitchen which is dual aspect with double windows at the rear overlooking the Castle and a pleasant street scene at the side.
The property features well presented modern decor, blended with character features such as the sash windows. The property has no onward chain and is likely to be for cash buyers.
Entrance Hallway Sitting Room (3.70m x 3.00m (12'1" x 9'10" )) Kitchen (2.10m x 1.80m (6'10" x 5'10" )) Shower Room (2.20m x 1.70m (7'2" x 5'6" )) Services Mains Electricity, Water and Drainage Council Tax Band A Agent Note Owns The Freehold - Belmont Property Management Lease - 99 Years from 1988.
Lease Remaining - 62 Years Current Ground Rent - £25 every 6 months Current Service Maintenance Charge - £74.55 every 3 months. Service Charged is Reviewed Annually
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 Flat 4, Castle Keep, Launceston
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