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See how verdicts work2-bedroom flat · PL15 9DL
Listing removedReduced £20k (−9.1%) on 3 SepListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish 2 double bedroom apartment in a sought after location enjoying wonderful views across Coronation Park and the surrounding countryside which can be enjoyed from an enclosed balcony alongside numerous windows in the property.
This apartment is in a modern and well presented building along Windmill Hill and benefits from lovely communal gardens which are carefully maintained and well stocked with seasonal colour.
Off the communal hallway you enter the apartment into a welcoming hallway with access to all accommodation. Straight ahead is the generous, light and airy open plan kitchen/dining/sitting room.
The kitchen area has a range of eye and base level units under a granite worktop, together with various integrated appliances.
Adjoining the kitchen is a good size dining space perfect for family get togethers.
The sitting room is dual aspect and enjoys light from the large French doors that open out to the enclosed terrace with a fabulous view over the communal garden towards Coronation Park and nearby countryside beyond.
This terrace is a wonderful place to sit and enjoy the peaceful setting. There are 2 double bedrooms.
The master bedroom is dual aspect with a built in wardrobe and the benefit of an en suite shower room. Bedroom 2 is another rear aspect double bedroom that shares use of the well appointed bathroom.
The whole apartment is well presented throughout with modern decor and floor coverings. The communal areas are well presented and the building has use of a lift serving all floors.
The apartment has an allocated parking space plus visitors parking.
The building has beautifully presented communal gardens with an array of mature trees shrubs and plants maintained by a contract gardener.
Dining Area (3.45m x 3.24m narrowing to 2.30m (11'3" x 10'7" na) Kitchen (3.43m x 1.86m (11'3" x 6'1")) Sitting Room (4.36m x 3.22m (14'3" x 10'6")) Bedroom 1 (4.40m max x 3.04m (14'5" max x 9'11")) En-Suite (1.86m x 1.34m (6'1" x 4'4")) Bedroom 1 (3.10m narrowing to 2.41m x 2.80m (10'2" narrowing) Bathroom (2.15m x 1.84m (7'0" x 6'0")) Lease The vendor have informed us the property has the remainder of a 999 lease granted in 2006.
The current service charge is £120.00 Per month. Services Mains Gas, Electricity, Water & Drainage.
Gas central heating Council Tax band C Agent Note The vendors have informed us the property has the remainder of a 999 year lease granted in 2006. The current service charge is £138 per month.
Agent Note To comply with Anti Money Laundering Regulations, we are required to verify the identity of all buyers and sellers involved in a property transaction.
As part of this process, we will request payment from you to cover the cost of processing these necessary checks.
Payment is collected on our behalf and this would require us passing on your details to Landmark as a third party to process this.
Our service provider charge us a processing fee and we set and receive an administration fee payable by clients.
Details of the applicable charge will be provided to you before any request for payment is made.
Payment of this aml fee is a regulatory requirement and is non refundable once the check has been completed.
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 10, The Beeches, Launceston
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