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See how verdicts work1-bedroom flat · PL15 8ER
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first-floor apartment situated in the heart of Launceston town centre, ideally positioned within walking distance of local shops, cafés, and amenities.
This characterful property forms part of a Grade II listed building.
This apartment was previously let at £550 per calendar month, delivering an attractive gross yield of approximately 8.7% based on a market value of £75,000.
An ideal opportunity for buy-to-let investors seeking strong returns from a low-maintenance property.
High ceilings and sash windows typical of period properties enhance the sense of space and character throughout.
This apartment presents an excellent opportunity for first-time buyers, investors, or those looking for a convenient town-centre base.
Living Room - 3.83m x 3.02m (12'6" x 9'10") - Kitchen - 2.77m x 1.65m (9'1" x 5'4") - En-Suite - 3.02m x 1.45m (9'10" x 4'9") - Bedroom - 3.48m x 3.02m (11'5" x 9'10") - Hallway - 2.84m x 1.83m (9'3" x 6'0") - Material Information - Verified Material Information Council tax band: A Tenure: Leasehold Lease length: 999 years remaining (981 years from 2007) Ground rent: £30 pa Service charge: £320 pa Property type: Flat Property construction: Standard form Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Central heating Heating features: None Broadband: No broadband connection Parking: None Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes Energy Performance rating: E All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About 2 High Street, Launceston
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