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See how verdicts work2-bedroom bungalow · PL15 8HB
For saleReduced £10k (−2.7%) on 12 OctListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a fantastic view towards Launceston Castle and nearby open countryside is this well presented detached bungalow offering 2/3 bedrooms.
There is plenty of driveway parking, single garage and a large landscaped rear garden. From the front porch a door opens into an 'L' shaped hallway with doors to all rooms.
To one side is a front aspect kitchen/dining room with a range of modern high gloss eye and base level units together with a range of integrated appliances. To one side is space for a dining table.
A further door open into a dual aspect snug with a door and windows overlooking the garden. This space could also be used as a potential third bedroom or study.
The sitting room has a large picture window enjoying an unimpeded view over the garden towards the Norman Castle and the Kensey Valley beyond.
This reception room is a pleasant space to sit and relax whilst appreciating the lovely backdrop. There are 2 large double bedrooms both sharing a refitted shower room.
The master bedroom has plenty of space for a king size bed and again has a stunning view. The guest bedroom is side aspect and is also a generous size.
The shower room was recently refitted to include a double shower enclosure with integrated seat.
The property is approached off a quiet cul de sac onto a recently re-surfaced driveway offering ample parking as well as an attached single garage. Beyond here is an area of lawn.
Spanning the entire width of the property to the rear is a large terrace area taking full advantage of the South facing elevation and views. There is also a summer house to one side of the patio.
Steps lead you down to the large enclosed garden which is primarily laid to lawn with a variety of specimen plants and shrubs including Rhododendrons, Acers and Peonies.
The garden is perfect for those with green fingers and enjoy the outside.
Entrance Porch (1.62m x 1.36m (5'3" x 4'5" )) Entrance Hallway Kitchen / Dining Room (5.52m x 5.32m (18'1" x 17'5" )) Sun Room / Bedroom 3 (3.40m x 2.59m (11'1" x 8'5" )) Living Room (5.16m x 3.63m max (16'11" x 11'10" max)) Bedroom 1 (4.24m x 3.62m (13'10" x 11'10")) Bedroom 2 (4.09m x 3.45m (13'5" x 11'3")) Bathroom (2.03m x 1.91m (6'7" x 6'3" )) Services Mains Electricity, Water and Drainage Council Tax Band D Property Owned Solar Panels.
Central Heating Type - Electric
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
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FAQ
About 10, Hollies Road, Launceston
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