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See how verdicts work1-bedroom flat · PL15 8BJ
Listing removedListed 127 daysAuction 29 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £35,000 - £45,000 (plus fees). For sale by Unconditional Livestream Auction Wednesday 29th July 2026 at 11:00. A one bedroom ground floor flat located in Launceston.
Legal pack available to download free of charge from our website. One Bedroom Ground Floor Flat A one-bedroom ground floor flat set within an attractive Victorian property in the heart of Launceston.
Benefiting from its own private entrance, the accommodation comprises a living room open-plan to the kitchen, a double bedroom, and an en-suite shower room.
The property would make an excellent investment opportunity.
AUCTIONEERS NOTE Local letting agents have advised that the property could achieve an approximately gross income of £650 per calendar month which would give an estimated yield of approximately 22% based on the current guide price.
ACCOMMODATION Living Room/Kitchen: 3.3m x 5.8m Bedroom: 4.3m x 3.1m Shower Room: 1.5m x 3.1m FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website.
All published information is to aid identification of the property and is not necessarily to scale. VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction.
Please telephone Auction House South West on to request a viewing.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Tenure: Leasehold EPC Rating: D55 Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
FAQ
About Flat 8, Brotherhood Hall, 2 Wooda Road, Launceston, Cornwall PL15 8BJ
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