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See how verdicts work1-bedroom flat · PL15 8EL
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom accommodation is one of four similar flats that, we are told, were created approximately twenty years ago from a former stone stable that was used to serve the nearby pub.
Flat 3 is accessed via ascending timber steps shared with just Flat 4. On entering the accommodation, a welcoming entrance hall leads to all the rooms and benefits from a useful storage cupboard.
The open plan living space has a fitted kitchen with cupboards situated both above and below a dark rolltop working surface.
The electric oven and hob, along with the washing machine will be included within the sale. There is space for dining as well as more comfortable seating.
A woodburning stove has been installed and the rest of the home is heated by night storage heating. The windows and doors are double glazed.
French style doors open out onto a private sun terrace which is a great vantage point to admire the view of the Castle, as well as to enjoy alfresco dining.
The double bedroom is spacious enough for a large bed, as well as drawers and cupboards. The tiled shower room enjoys a large enclosed tiled shower with a sliding glass door, WC and hand basin.
The property is conveniently located close to the town and local amenities of Launceston.
Launceston Town Centre offers a wide range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 trunk road giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
Situated within closer proximity there are day to day shopping amenities found at the Greenaways Garage, Newport Spar Shop and the Co-operative supermarket on the Newport Industrial Estate.
From Launceston Town Centre proceed down the A388 (St. Thomas Road). Upon reaching the roundabout at Newport turn right signposted towards Holsworthy.
After a short distance take the first right hand turning after the White Horse Inn public house where the timber steps to Flat 3, Stable Bar will be identified on the left hand side.
- ///centuries.draw.dugouts Entrance Hall 4.32m max x 1.73m max Kitchen/Dining/Living Room 6.45m max x 4.7m max Balcony (3.86m x 3.78m) Bedroom 3.86m max x 4.65m max Shower Room/WC 1.88m max x 2.7m max Services Mains water, electricity and drainage.
Council Tax A: Cornwall Council. Tenure Leasehold. A new 999 year lease will be drawn up when the property is sold and will include a share of the freehold.
The current annual service charge is £500 and annual ground rent is currently £50. Viewing Arrangements Strictly by appointment with the selling agent.
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 Flat 3, Stable Bar, 14, Newport Square, Cornwall
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