We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PL15 8SE
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISE Through the Home for Life Plan from Homewise, those AGED 60 OR OVER can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. OVER 60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £120,500 based on an average saving of 33%.
Market Value Price: £180,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.
For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website. Please CALL for more information or a PERSONALISED QUOTE.
Please note: Homewise DO NOT own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not OVER 60 or would like to purchase the property at the full market value of £180,000, please contact the estate agent Webbers.
PROPERTY DESCRIPTION A modern mid-terrace house offering a spacious lounge/dining room, fitted kitchen, two bedrooms and the bathroom enjoys both a shower and a bath.
Well stocked enclosed rear garden and a single garage for parking. Conveniently close to a local primary school and amenities.
This nicely presented modern mid-terrace house is situated within an established residential area within a mile north of Launceston town centre. St.
Stephens primary school is close by so this property would be suitable for a young family or first time buyers.
14 Gendalls Way is approached by shared ascending steps from the pavement below and via a small porch then into a large lounge/dining room which allows plenty of room for a dining set, as well as more comfortable furniture.
The stairs to the first floor are accessed from this room and a door opens into the kitchen.
The kitchen enjoys an array of both floor and wall mounted cupboards with the sink and drainer traditionally situated overlooking the rear garden.
The electric cooker and extractor fan are to be included within the sale. An external door allows access to the rear garden.
Upstairs, both the bedrooms have been fitted out with wardrobes that feature sliding mirror doors. The bathroom enjoys both a tiled shower cubicle and a bath.
The home is heated by night storage heaters and is double glazed. Outside, there is a small open front garden and to the back an enclosed, terraced garden that has been well stocked and cared for.
A gate opens onto a shared path taking you a very short distance to the single garage. There is also the possibility of roadside parking at the front.
Launceston town centre lies within one mile of the property and boasts a range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 trunk road giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
Situated within closer proximity there are day to day shopping amenities found at the Newport Spar Shop and for those with golfing interests Launceston Golf Course is a few minutes? walk away.
A few steps from the property there is a Bus Stop with a regular town bus service to the Town Centre, Retail Park and Superstores.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Gendalls Way, Launceston, Cornwall, PL15
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