2-bedroom semi-detached house · PL15 9TG
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern semi-detached home is located in a popular location near to amenities and transport links with stunning views.
Inside, the entrance hall proceeds to a downstairs WC, large lounge/diner with sliding doors to the rear garden which makes for a real social room.
The kitchen area accommodates plenty of wall and base units, along with space and plumbing for a washing machine.
Upstairs, the two bedrooms are both double in size and the rear bedroom looks onto fields. The bathroom has a matching white three piece suite with shower over the bath.
The whole property is heated by mains gas central heating and is double glazed throughout. The garden to the rear offers a great patio entertaining spaces, with lawn and shrubs.
There is off road parking and a detached garage with power and light to the side of the property. There are various shrubs to the front entrance.
The property is situated within a short distance of Launceston Town Centre and its commercial, recreational and educational facilities. Also located nearby is Coronation Park and the Leisure Centre.
Launceston boasts numerous Primary Schools, a Secondary College and a 18 hole Golf Course.
Launceston itself lies alongside the main A30 trunk road providing access to West Cornwall in one direction and Exeter and beyond in the opposite direction.
For further communications the Cathedral City of Exeter is approximately 42 miles distant, or about a 50 minute drive and has a more extensive range of shopping and leisure facilities, as well as access to the M5 motorway, mainland rail network to London (Paddington) and further north.
Exeter is served by an excellent regional international airport.
The continental ferry port and city of Plymouth is approximately 26 miles from the property and again offers extensive facilities as well as regular cross channel ferry services to France and Spain.
From Launceston Town Centre proceed through the Southgate Arch and along Madford Lane bearing left at the 'T' junction up Windmill Hill.
Proceed passing the entrance to Windmill Primary School on the left and take the next left hand turning into Penworth Close. The property is identified a short drive down on the left.
What3words///creatures.harsh.named Hallway 2.2m max x 3.58m max Kitchen (2.6m x 3.3m) Lounge (2.82m x 6.17m) WC (0.94m x 1.93m) Upstairs Landing (2.34m x 0.81m) Plus airing cupboard Bedroom One (2.9m x 4.32m) Plus storage Bathroom (2m x 2.36m) Bedroom Two (2.82m x 3.15m) Garage
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
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Penworth Close, Cornwall
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