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See how verdicts work3-bedroom semi-detached house · PL15 7FW
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***SHARED OWNERSHIP*** Situated in a popular residential development, this modern three-bedroom semi-detached home was built in 2021 and benefits from the remainder of its NHBC warranty, with approximately five years remaining.
Offered on a 50% shared ownership basis, this property presents an excellent opportunity for first-time buyers and growing families alike.
There is also the option to purchase up to 100% ownership, subject to the Housing Association's staircasing process.
The accommodation comprises a bright and spacious living room, a modern kitchen/dining room ideal for everyday family life, and a convenient downstairs WC.
Upstairs, there are two double bedrooms and a single bedroom, together with a contemporary family bathroom.
Externally, the property enjoys an enclosed rear garden, perfect for relaxing or entertaining, along with two allocated parking spaces.
The property is held on a lease with approximately 120 years remaining. The current monthly charge of £333.94 includes rent on the remaining share, service charge and building insurance.
Full Market Value: £264,000 50% Share Price: £132,000 Monthly Rent, Service Charge & Buildings Insurance: £333.94 PCM Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 Barrabill Way, Launceston, Cornwall, PL15
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