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See how verdicts work3-bedroom house · PL15 7TG
Listing removedReduced £10k (−3.5%) on 20 JunListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full of charm is this character Grade II listed stone cottage within walking distance of open moorland. Offering 3 bedrooms and 2 reception rooms the cottage require minor tlc.
There is an enclosed rear garden that is perfect for children and pets. You step into a reception room with a beautiful stone fireplace housing a range cooker with back boiler.
On one wall is a staircase to the first floor and doors taking you into the kitchen and sitting room.
The sitting room is a generous size with an attractive solid wood floor and another stone fireplace housing a multi fuel wood burner.
To the rear of the property is a galley style kitchen overlooking the rear garden. A door opens into a walk in pantry perfect for additional storage.
At the end of the kitchen is a porch which is ideal for white goods, coats and shoes and a door opens out into the garden. On the first floor are 3 bedrooms and a family bathroom.
The main bedroom is front aspect overlooking a public open space.
Bedroom 2 is another front aspect double bedroom and finally bedroom 3 is rear aspect offering a glimpse towards the fringes of Westmoor.
The family bathroom has a matching 4 piece suite including a separate shower enclosure.
To the side of the property is a pedestrian gate opening into a side path with useful built in open fronted storage used for logs and recycling.
The garden is predominately to the rear of the property where you will find a patio area ideal for sitting out on. Steps lead up to an enclosed area of lawn with mature shrubs flanking to either side.
There is a further area of garden which has scope to be landscaped to a purchasers own design and style.
Entrance Porch Dining Room (4.29m x 2.80m (14'0" x 9'2" )) Sitting Room (4.23m x 3.79m (13'10" x 12'5")) Kitchen (4.69m x 2.15m (15'4" x 7'0" )) Pantry (2.12m x 0.65m (6'11" x 2'1" )) Side Porch (2.08m x 1.16m (6'9" x 3'9" )) First Floor Bedroom 1 (4.46m x 3.35m (14'7" x 10'11" )) Bedroom 2 (2.99m x 2.70m (9'9" x 8'10" )) Bedroom 3 (2.99m x 2.14m (9'9" x 7'0" )) Bathroom (2.31m x 2.13m (7'6" x 6'11" )) Services Mains Electricity, Water and Drainage.
Council Tax Band A Central Heating Type - Solid Fuel & Electric Heaters. The range in the dining room heats two radiators.
Value & comps
No previous sales on record.
Returns
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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.
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About The Cottage, Launceston
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