We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PL15 9HJ
Listing removedListed 829 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 Pendruccombe Gardens offered for sale with no onward chain and being exclusively available for over 55’s only, is a fantastic opportunity for those looking for a property in a convenient location.
The property has double glazing and is in need of some modernisation throughout briefly comprising; entrance hallway, sitting room, dining room, kitchen and downstairs cloakroom.
On the first floor there are two bedrooms along with a good sized bathroom. Externally there is parking, a single garage and rear garden.
Accommodation Entrance via part glazed door into:- Entrance hallway Doors leading to all ground floor rooms. Stairs rise to first floor. Radiator.
Sitting room Window to the front elevation with curtains and blinds. Radiator and carpeted. Pendant light fitting.
Open to:- Dining room Dual aspect windows, one looking over the garden, both windows with curtains. Radiator and carpeted. Pendant light fitting.
Door into:- Kitchen Window to the rear elevation along with obscure door leading to the rear garden and garage.
Range of base and eye level units with worksurface over, tiled splash back and inset stainless steel sink with drainer. Gas hob with extractor fan and oven below.
Space and plumbing for washing machine or dishwasher. Spotlights, lino flooring and boiler in cupboard. Cloakroom Low level W.C. And wall hung hand wash basin with separate taps and tiled splash back.
Lino flooring and mirror. Stairs from the hallway rise to:- First floor landing Doors leading to all rooms. Storage cupboard.
Bedroom one Dual aspect windows to the front elevation with distant countryside views. Space for bedroom furniture, carpeted and radiator. Pendant light fitting.
Bedroom two Windows to the rear elevation with distant countryside views. Space for bedroom furniture, carpeted and radiator. Pendant light fitting. Bathroom Obscure window to the rear elevation.
Suite of low level W.C., pedestal wash hand basin with mixer tap and panel enclosed bath with tiled splash backs. Lino flooring. Services Mains electricity, water and drainage. Gas central heating.
Tenure Leasehold, subject to a 999 year Lease which commenced on 24th June 2004. There is a Management and Service charge payable. The fee payable from August 2023 to July 2024 was £275.00 per annum.
Energy efficency rating - C council tax band - B Directions What3Words: /// diverting.expand.starts easements, wayleaves & rights of way The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.
Boundaries Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof.
Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendor’s agent whose decision acting as experts shall be final.
Important notice Kivells, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
EPC Rating: C Location Location The property is situated on Tavistock Road, a residential area within level walking distance of the social, commercial and shopping facilities of Launceston town centre.
In the opposite direction equally accessible is a supermarket with Scarne Retail Park, Launceston College and Coronation Park with Leisure Centre beyond.
The property has easy access to the A30 dual carriageway ensuring good links west into Cornwall or east into Devon with the Cathedral City of Exeter only 42 miles providing Intercity Rail Link, International Airport and M5 motorway link.
In all directions from Launceston there is scenery of outstanding natural beauty.
To the north is rugged coastline famed for popular family surfing beaches and picturesque former fishing villages, the open expanses of Bodmin Moor are to the west, Dartmoor National Park is to the east and running southwards to Plymouth Sound with all it’s yachting facilities on the south coast are the hidden secrets of the Tamar Valley steeped in 18th Century mining history.
Garden Outside At the front of the property there is parking for one vehicle and access into the garage.
As you approach the front door, there is a concrete path with well establish shrubs / tree’s either side. At the rear of the property there is a garden enclosed by wooden fencing and mature hedging.
The garden is laid to chippings and is low maintenance. Garage The attached garage has a up and over door. Access to the rear garden. Loft hatch.
Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 advisers 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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FAQ
About 1 Pendruccombe Gardens Tavistock Road, Launceston
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