1-bedroom flat · PL15 7AB
Listing removedListed 530 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well appointed 1 bedroom first floor flat situated in the heart of the Town Centre. The property features spacious living accommodation and no onward chain.
The property benefits from its own private entrance, as opposed to a shared communal hallway which is a real benefit for a flat in the town.
The accommodation includes an entrance hallway with stairs leading up to a first floor landing.
There is an impressive open living room which is a great main reception room with two windows at the front. There is a modern fitted kitchen and breakfast room.
There is a single bedroom alongside a modern shower room. The property has been a successful rental property so may suit an investor or alternatively a first time buyer.
Entrance Porch Kitchen (3.84m x 3.34m (12'7" x 10'11" )) 3.34m narrowing to 2.45m Living Room (4.75m x 4.17m (15'7" x 13'8" )) Bedroom (2.87m x 2.75m (9'4" x 9'0" )) Shower Room (2.10m x 1.44m (6'10" x 4'8" )) Services Mains Electricity, Water and Drainage Central Heating Type - Storage Heaters Council Tax Band A Agent Note Expiry Of The Lease - 01/06/3019
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 12A, Westgate Street, Launceston
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