2-bedroom house · PL15 9QL
For saleReduced £6.8k (−3.7%) on 27 SepListed 202 days
Opportunity summary
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About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £184,250 based on an average saving of 33%.
Market Value Price: £275,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £275,000, please contact the estate agent Webbers.
Property description This detached bungalow has been within the same ownership since 2007.
Our vendors have made many changes and improvements to their home which include extending the front elevation to form a separate formal dining room.
They have also increased the space in the main bedroom by removing the wall and blocking up the door of the former single bedroom three.
This could be reversed and bedroom three re-established by the new owners if required.
Most of the windows have been replaced with UPVC double glazing fairly recently and the former bathroom has become a tiled shower room equipped with a modern glass panelled shower cubicle.
The single storey home is well presented throughout.
On entering via a useful spacious side porch, the kitchen has plenty of light coloured cupboards situated both above and below a light coloured work surface and tiled splash back.
The electric oven, hob and extractor are to be included within the sale. There is space and plumbing in place for a washing machine and dishwasher.
An arched doorway leads into the triple aspect formal dining room then on into the comfortable lounge which enjoys a focal point of a feature fireplace where an electric fire could be placed to support the heat coming from wall mounted heaters strategically placed throughout the home.
The thermostatic controlled heaters are made by a German company called Fischer. From the kitchen a short hallway allows access to the two double bedrooms and shower room/WC.
Outside, the rear garden is enclosed by fencing and mature hedges and is mainly laid to lawn.
There is a useful shed/workshop attached to the back of the single garage and plenty of room at the front of the bungalow on the drive for further parking.
The small hamlet of Trebullett is found geographically four miles South of Launceston with amenities including Methodist Church, children's playing field and within a short drive there is a County Primary School at Trekenner and a popular pub/restaurant at Treburley.
Launceston town itself boasts a wider range of amenities including shopping, commercial, educational and recreational facilities and lies adjacent to the A30 giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
The City of Plymouth is located within 25 miles of the property and has International transportation links via its Ferry Port to France and Spain and a wide range of shopping and leisure facilities.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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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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 advisors 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.
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About 6 Green Acre, Trebullett Launceston Cornwall, Launceston
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