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See how verdicts work3-bedroom terraced house · PL15 9FH
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
32 Penhole Drive is situated within a popular estate of similar properties constructed around 2013 by national developers Wain Homes.
This well presented home comes to the market with no onward chain and is positioned conveniently close to Launceston town and the local amenities.
This mid-terrace home is accessed via the front door which opens into a small lobby.
The living room is bright and airy and leads into the kitchen/dining room which enjoys an array of, wood effect units situated both above and below a dark coloured, roll top working surface and tiled splash back.
An electric oven and gas hob with extractor over are included within the sale. There is space and plumbing for a washing machine in the utility area, along with a useful cloakroom/WC.
An external door opens into the garden. Upstairs, there are two double bedrooms and a smaller single one. There are far reaching views from the two back bedrooms towards open fields.
The house is heated by mains gas central heating and is double glazed. Outside, the rear garden is enclosed by timber fencing with a pedestrian gate leading to a shared pathway.
There are two allocated parking spaces a few steps away. This property would suit buyers looking for an investment or comfortable family home.
The property is conveniently situated within a popular edge of town development approximately one mile from the heart of the town centre which boasts a range of shopping, educational, commercial and recreational facilities.
Closer to hand is the Tesco Superstore and on Hurdon Road the Launceston Retail Park.
The town lies adjacent to the A30 dual carriageway giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
Agents note There is a maintenance charge for the upkeep of communal areas within the development.
The charge is currently £203.99 per annum (01 September 2026 to 31 August 2027) and is subject to review. From the Town Square proceed into Southgate Street and through the Southgate Arch.
Follow the road around to the left into Exeter Street passing the Newmarket Inn on the right hand side and at the forthcoming junction turn right into Tavistock Road.
Continue straight ahead at the two mini-roundabouts passing Launceston College on the right hand side.
Continue along this road heading over the bridge and at the traffic lights take the left hand turn into the development (Kit Hill View).
Upon entering the development turn right and then bear right where the road splits. Continue along and around to the left into Haye Common Drive. Follow the road along entering Penhole Drive where No.
32 will be found on the right hand side.
- ///cleanest.majority.chuckling Living Room 3.38m max x 4.24m max Kitchen/Dining Room (3.12m x 3.02m) Utility Room (1.2m x 1.6m) Cloakroom/WC (1.2m x 1.32m) Bedroom 1 (2.46m x 4.06m) Bedroom 2 2.46m max x 3.28m max Bedroom 3 (1.98m x 2.29m) Bathroom/WC 1.85m max x 1.9m max Services Mains water, electricity, drainage and gas.
Council Tax B: Cornwall Council. Tenure Freehold. Viewing Arrangements Strictly by appointment with the selling agent.
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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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
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FAQ
About 32, Penhole Drive, Cornwall
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