1-bedroom flat · PL15 9EB
Listing removedListed 113 days · slow let
Opportunity summary
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About
Situated close to town centre: One bedroom flat, with large Kitchen/Diner, Lounge, Double bedroom with fitted cupboard, Shower room and one store room. Gas Central heating.
Council tax band: A EPC rating: D Monthly rent: £550 Security deposit: £634 A holding deposit of £126 will be required to secure the property pending references The property / tenancy will be managed by The Agent following move in Kitchen (4.33 x 2.86 (14'2" x 9'4")) Lounge (5.54 x 2.94 (18'2" x 9'7")) Bedroom (4.23 x 3.04 (13'10" x 9'11")) Store Room (2.12 x 1.94 (6'11" x 6'4")) Material Information # Verified Material Information ## Costs and tenure Tenure: Freehold Council tax band: A EPC rating: D Monthly rent: £550 Security deposit: £634 Holding deposit: £126 ## The building End-terrace flat, standard construction 1 bedroom, 1 bathroom, 1 reception Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: None Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone good, Three good, EE great Parking: None Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building In In the launceston conservation area (per ; confirm via the local authority search).
No tree preservation order Title register restrictions (CL130161): - The eastern wall dividing this property from the neighbour's is a 'party wall'.
This means it is shared, and the owner must help maintain and repair it. - The property is subject to a lease for the ground floor shop and basement, which runs until 13 December 2033.
This means the owner cannot use that part of the building while the lease is active.
- The owner must allow others to use certain rights of way (legal paths) across the land as described in a 1903 legal document. 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.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Flat 2, Harts Alley, Launceston
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