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See how verdicts work2-bedroom house · PL15 9EP
Listing removedReduced £15k (−11.5%) on 20 JunListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming two-bedroom character cottage in need of renovation, offering countryside views from the first floor.
The property features a front storage shed and a rear patio, with pedestrian access to both the front and back.
Just a short walk away is a generous, tiered garden, currently overgrown, presenting a fantastic opportunity to create a beautiful outdoor space.
Composite door with obscure window into Kitchen: (4.069 x 2.241 (13'4" x 7'4")) Wooden glazed window to front. Range of base units under roll edge work surfaces. Fuse box.
Door to Lounge/Diner: (5.555 x 4.244 (18'2" x 13'11")) Window to rear porch. Stairs to First Floor. Open fireplace. Rear Porch: Wooden glazed windows and door to rear patio area.
From the Lounge/Diner, stairs rise to the First Floor Landing: Access to loft.
Doors off Principal Bedroom: (3.274 x 2.675 (10'8" x 8'9")) UPVC double glazed window to rear with views over the surrounding countryside.
Bedroom Two: (2.766 x 2.102 (9'0" x 6'10")) Wooden glazed window to front. Shower Room: (2.064 x 2.010 (6'9" x 6'7")) Obscure glazed window to front. Tiled shower cubicle with electric shower.
Pedestal wash hand basin. Low level WC. Outside: To the front of the property is a handy block-built storage shed, and to the rear, a patio area provides a lovely spot to enjoy the views.
A pedestrian right of way gives access to both the front and rear of the terrace.
Just a short walk away is a generous, tiered garden, currently overgrown, offering a fantastic opportunity for someone to create their own outdoor haven.
While the property does not offer off-road parking, residents can obtain parking permits along Kensey Hill via Cornwall Council.
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
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FAQ
About 10, Hillpark Cottages, Launceston
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