2-bedroom flat · PL15 9EJ
For saleReduced £10k (−9.1%) on 23 SepListed 64 days
Opportunity summary
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About
A Two Bedroom Flat In Launceston This charming Grade II Listed two-bedroom first-floor flat is offered for sale, occupying an elevated position within the heart of Launceston.
Rich in character and period charm, the property enjoys generous accommodation throughout, complemented by far-reaching views across the surrounding countryside towards Dartmoor.
The property welcomes you into an exceptionally spacious and light-filled sitting room, offering an abundance of living and dining space.
Character features and plenty of light create an inviting atmosphere, while the elevated position allows for attractive outlooks across the town and surrounding landscape.
The fitted kitchen provides a practical layout with a range of wall and base units, worktop space and room for appliances, making it well suited to everyday living.
The accommodation also benefits from a modern shower room, complete with a large walk-in shower, pedestal wash hand basin and WC.
There are two well-proportioned bedrooms, including a generous principal bedroom with built-in wardrobe storage.
The second bedroom offers flexibility as a guest bedroom, home office or hobby room, ideal for a variety of lifestyles.
One of the property's standout features is its elevated position, enjoying impressive panoramic views stretching across the surrounding countryside, providing a picturesque backdrop throughout the seasons.
Externally, the property benefits from access to a shared outside space with the ground floor flat, providing enough space for a washing line and to store dust bins.
There is also permit parking available within nearby public car parks, with annual permits available, offering a convenient parking solution within easy walking distance of the property.
Situated within walking distance of Launceston town centre, the property offers convenient access to a range of shops, cafés, schools and everyday amenities, whilst retaining a peaceful position full of character.
As it combines period features with generous accommodation in one of the town's most historic settings.
Kensey Place forms part of a Grade II Listed building with origins dating back to the 17th century.
The building has played an important role in Launceston's history, having previously served as both the town prison and later a workhouse, before being converted into the residential homes seen today.
Verified Material Information Costs and tenure Tenure: Leasehold Lease length: 953 years remaining (999 years from 1980) Ground rent: £5/year Lease restrictions: No fires Council tax band: A EPC rating: C The building Semi-detached flat, standard construction 2 bedrooms, 1 bathroom, 1 reception Building safety issue disclosed Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Broadband: Adsl copper wire Mobile coverage: O2 great, Vodafone good, Three good, EE great Parking: On Street In a controlled parking zone No disabled parking available Risks and restrictions G2 In In the launceston conservation area (per ; confirm via the local authority search).
No tree preservation order Title register restrictions (CL75083): - There is a rule (restriction) that prevented the property from being sold or transferred until August 2015 unless Paratus amc Limited gave their permission.
This was to ensure certain conditions in the 2015 purchase document were met.
- The standard legal promises (covenants) that a seller usually makes about their right to sell the property were changed slightly in the 2015 document that transferred the property to the current owner.
Non-coal mining area: Yes All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Agents note : The property is awaiting a buildings insurance policy from the freeholder to be taken out.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 8A Kensey Place, Launceston, Cornwall
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