3-bedroom bungalow · PL15 8SS
Listing removedListed 155 days
Opportunity summary
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About
Situation The property is situated on the fringes of Egloskerry, a popular village with primary school and village hall.
The village has a bus service to Launceston which is only 5 miles distant with a range of supermarkets, doctors, dentists and veterinary surgeries, further educational facilities and 2 testing 18-hole golf courses nearby.
At either Launceston or Kennards House there is access to the A30 which links the Cathedral cities of Truro and Exeter.
At Exeter there is access to the M5 motorway, a mainline railway station serving London Paddington, and an international airport.
The property lies some 13 miles from the majestic North Cornish coast with its wide range of sandy beaches and cliff walks.
Description The property is believed to be built in the early 2000’s of block cavity construction beneath an interlocking tiled roof.
The accommodation is clearly illustrated on the floorplan and briefly comprises: Part glazed entrance door into the hallway with wood effect laminate flooring and doors to all rooms.
Bedroom 1 has a window to front aspect and door into en suite shower room comprising of a walk-in shower cubicle with independent electric Mira shower, low flush WC and vanity wash hand basin.
There are two further bedrooms with windows to front and side aspects and a bathroom comprising of a panel enclosed bath, low flush WC, and vanity wash hand basin.
The lounge has wood effect laminate flooring and patio doors opening onto the rear decked terrace enjoying views over rear garden to farmland beyond.
Opening into the kitchen/breakfast room with range of base and wall mounted units with laminated worktops over, inset 4 ring ceramic hob with extractor over and electric oven underneath, inset 1½ bowl stainless steel sink, space and plumbing for washing machine and space for upright fridge/freezer.
Patio doors onto the rear decked terrace ideal for al fresco dining and enjoying views over the garden to surrounding farmland.
Door into integral garage with power and light connected, metal up and over door and base level oil fired boiler for central heating and hot water outside To the front of the property is a driveway with parking for 2/3 vehicles leading to the integral garage.
To the left hand side of the property steps lead down to a gravel pathway and pedestrian gate into the rear garden.
The garden is a delightful feature of the property and is laid mainly to lawn with well-defined hedge and fence boundaries adjoining open farmland.
A raised terraced area is ideal for al fresco dining and enjoying the countryside views. The gardens are attractively planted for colour and interest throughout the year.
Services Mains water, drainage and electricity. Oil fired heating. Double glazed throughout. Council tax band C. Full EPC available on request. Broadband connected: FTTP.
Mobile phone coverage: Visit Ofcom website. Please note the agents have not inspected or tested services.
Viewings Strictly by prior appointment with the vendor’s appointed Agents, djr Estate Agents and Auctioneers.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 18, Well Meadow, Launceston
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