2-bedroom house · PL15 8BJ
Listing removedListed 102 daysAuction 29 Jul · ended
Opportunity summary
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About
Guide Price = £25,000-£45.000 **For Sale By Public Auction 29th July 2026 09:30 am.
To inspect the legal documents for this property go to our website to download the legal pack** A Vacant First and Second Floor Two Bedroom Split Level Flat Tenure Leasehold.
The property is held on a 125 year lease from 24th June 1990 (thus approximately 89 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Priory Park are within easy reach. Transport links are provided by Gunnislake rail station.
Description The property comprises a first and second floor two bedroom split level flat situated within a Grade II Listed building arranged over ground and two upper floors.
Accommodation First Floor Reception Room Kitchen Second Floor Two Bedrooms Bathroom Exterior The property benefits from communal outside space. EPC Rating D
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
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FAQ
About 2, Wooda Road, Launceston
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