2-bedroom house · PL15 8GW
For saleListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situation Located in the village of North Petherwin, which has a primary school, church, village hall and popular woodland walk and café.
The town of Launceston is 6 miles distant and offers a range of shops, supermarkets’, doctors’, dentists’ and veterinary surgeries together with further educational facilities and testing 18-hole golf courses nearby.
At Launceston there is access to the A30 which links the Cathedral Cities of Truro and Exeter.
At Exeter there is access to the mainline railway station serving London Paddington, M5 motorway network and an international airport.
The North Coast is approximately 14 miles away with its sandy beaches and coastal walks.
Description A most imposing mid‐terrace former chapel of stone construction beneath a slate‐tiled roof, built in 1863 and successfully converted in the early 2000s, offering a wealth of charm and character.
The accommodation is clearly illustrated on the floorplan and briefly comprises: A shared covered entrance porch with part glazed door into the kitchen/breakfast area with window to front aspect, a range of base and wall mounted units with laminated work surfaces over, inset stainless steel sink with mixer tap and inset 4 ring ceramic hob with extractor over and electric oven under.
Space and plumbing for washing machine and space for upright and base level fridge/freezer.
The lounge area has a window to the rear aspect, French doors to rear courtyard garden, wood burner on tiled hearth and understairs cupboard.
Stairs rise to the first floor landing with access to loft space. Bedroom 1 has an attractive arched window to front aspect, and cupboard with shelving and housing the water tank.
Bedroom 2 has an arched window to rear aspect with views to surrounding countryside.
The family bathroom comprises a panel enclosed bath with mixer taps, shower attachment and glazed shower screen, low flush WC and pedestal wash hand basin.
Outside To the front is off road parking for one vehicle with steps leading up to shared covered entrance porch.
The courtyard garden is a most attractive feature with well defined fence boundaries and slate tiled patio, ideal for al fresco dining. Services Mains water, electric and drainage.
Electric radiator heating. Council Tax B. Full EPC available on request. Broadband connected: Fttc. Mobile coverage: Visit Ofcom website.
Please note the Agents have not tested or inspected these services. Agents note There is planning permission across the road for 3 new build properties and a further single building plot nearby.
Please visit the Cornwall Council planning portal for further information . Viewings Strictly by prior appointment with the vendor’s appointed Agents, djr Estate Agents and Auctioneers.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Ebenezer Chapel East, Navarino, Launceston
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