2-bedroom terraced house · PL15 9FD
Listing removedListed 143 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises of a reception hall, lounge with built in storage cupboard, fitted kitchen/diner with electric oven, gas hob and there is space and plumbing for a washing machine, a rear door leads to the garden.
The handy downstairs WC concludes the ground floor. On the first floor there are two double bedrooms with bedroom two having a built in storage cupboard.
The family bathroom/WC has a shower over the bath. Warmth is generated by mains gas fired central heating and external windows and doors are UPVC double glazed.
Externally, the property benefits from a large rear garden which is fully enclosed and offers a side gate to the front. There is off road parking to the front of the property for two vehicles.
From the Town Square proceed into Southgate Street and through the Southgate Arch.
Follow the road around to the left into Exeter Street passing the Newmarket Inn on the right hand side and at the forthcoming junction turn right into Tavistock Road.
Continue straight ahead the two mini-roundabouts passing Launceston College on the right hand side.
Continue along this road heading over the bridge and at the traffic lights take the left hand turn into the development (Kit Hill View).
Upon entering the development turn right and then bear right and then round to the left into Haye Common Drive where No.
7 will be identified a short distance along on the left hand side marked with a Webbers To Let Board.
what3words ///punctuate.landed.famines Lounge 2.8m max x 4.3m max Kitchen/Dining Room 3.84m x 3.05m Bedroom 1 3.84m max x 2.82m max Bedroom 2 3.86m max x 2.7m max Bathroom/WC 1.85m x 1.88m
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
Agent & docs
FAQ
About Haye Common Drive, Launceston, Cornwall, PL15
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