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See how verdicts work1-bedroom flat · PL15 9HF
No longer listedReduced £5k (−5%) on 3 SepListed 450 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overlooking the Tamar Valley towards Dartmoor is this good sized one double bedroom flat in a purpose built over 55s retirement building.
All floors are serviced by a communal lift offering great access. The property is within walking distance of several amenities plus a bus stop. Available with no onward chain.
As you step through the front door you enter a hallway with plenty of useful storage cupboards perfect for shoes and coats.
Beyond is a generous open plan kitchen/ sitting/dining room, with a Juliet balcony enjoying a view towards Dartmoor National Park.
The kitchen areas and plenty of eye and base level units with space for white goods.
The double bedroom is a great size and offer plenty of space for a king size bed and any freestanding furniture Next to the bedroom is a generous shower room with a matching 3 piece suite.
To the lower side of the building is a landscaped communal garden, used by residents of Pendruccombe Court.
The property is in a convenient location to walk to nearby amenities including Tesco, Retail Park and the Town Centre.
There is parking located around the building available on a first come first served basis.
Entrance Hallway Kitchen (2.52m x 2.31m (8'3" x 7'6")) Living Room (4.86m x 3.58m (15'11" x 11'8" )) Bedroom (4.00m x 3.58m (13'1" x 11'8")) Bathroom (2.15m x 2.19m (7'0" x 7'2")) Services Mains Electric, Water and Drainage Council Tax Band B Agents Note The property is held on a leasehold tenure.
Managed by Pendruccombe Court Management Co Ltd. The property to be held on a 999 year lease.
The property lease expires in 2989 The current service charge is £704,6 monthly which also includes the water supply. No pets are allowed on the lease.
Value & comps
No previous sales on record.
Returns
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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 11 Pendruccombe Court, Tavistock Road, Launceston
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