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See how verdicts work3-bedroom bungalow · PL15 9LD
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situation Located on the western edge of Launceston, less than a mile from the town centre.
The town offers a variety of shops and cafes together with supermarkets, medical services (doctors, dentists, and veterinary clinics) and schools.
Leisure facilities include sports clubs, gyms, a swimming pool, and a challenging 18-hole golf course.
The A30 can be accessed at Liftondown providing excellent transport links to the Cathedral cities of Truro and Exeter. As well as a connecting train station at Okehampton around 18 miles away.
Exeter offers further commuting via the M5 motorway, a mainline railway station with direct services to London Paddington, and an international airport.
The location is ideal for exploring Devon and Cornwall. The North and South Cornish coastlines, together with Bodmin Moor and Dartmoor are within reach.
Description The property is situated halfway up a tarmac driveway and believed to have been built in the early 1980s of traditional block construction beneath an interlocking tiled roof.
The bungalow is presented in good decorative order throughout, offered with no onward chain and is worthy of an early inspection.
The accommodation is clearly illustrated on the floorplan and briefly comprises: Level entrance with door into hallway with cloakroom, access to loft space and doors to all rooms.
The magnificent kitchen/dining room is triple aspect with views over surrounding farmland to Dartmoor beyond and benefits from Karndean lvt underfloor heating.
There is a range of base and wall mounted units with work surfaces over, insert 1½ bowl stainless steel sink, built-in electric oven, integrated dishwasher and integrated fridge/freezer.
Central island unit with inset ceramic hob and further storage cupboards, oil fired Aga (for cooking), dining area, door to side entrance and double doors into the lounge.
Utility/boot room has space and plumbing for washing machine, base level oil fired boiler and door to outside.
The lounge has a feature stone fireplace with stone hearth and pair of picture windows with views over the surrounding countryside and Launceston beyond.
There 3 double bedrooms, 1 with en suite shower room and the other with en suite WC.
The bathroom comprises a panel enclosed bath with mixer tap and shower attachment, low flush WC, vanity unit with wash hand basin and separate shower cubicle.
Outside The property is accessed from the parish road via a privately owned tarmac drive, which leads to an off-road parking area for several vehicles.
The detached double garage benefits from electric up-and-over doors, pedestrian access to the courtyard, power and light connected.
To the front of the property is a lawned garden with well-defined hedge and fence boundaries, enjoying magnificent views towards Launceston and Dartmoor.
A paved pathway extends around the side of the property to the rear of the property.
The attractive, enclosed rear garden can be accessed via pedestrian gates on either side of the property and offers a high degree of privacy.
It features a patio area and raised flower beds for ease of maintenance.
Agent’s note There is the opportunity to purchase some additional land to extend the garden or rent some of the 9 acres of permanent pasture, which adjoin the property.
Services Mains water and mains electricity. Private drainage (septic tank). Double glazing throughout. Oil fired central heating. Council Tax Band D. Full EPC documents available on request.
For broadband and mobile coverage: Visit Ofcom website. Please note the Agents have not inspected or tested these services.
Viewings Strictly by prior appointment with the vendors appointed Agents, djr Estate Agents and Auctioneers
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Launceston
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