View Property says ..
A spacious 3 bedroom semi-detached house requiring updating and refurbishment but offering great potential. The property is situated on the edge of the town and features a generous lawned garden at the rear where there are lovely views looking across to Launceston Castle from the top of the garde...
Property Oracle says ..
This three-bedroom semi-detached house in Launceston, Cornwall, presents a compelling but imperfect investment opportunity. The property’s strong points include its location near schools and the stunning views of Launceston Castle from its generous garden. However, the interior requires a complete refurbishment. The carpets, wallpaper, and kitchen are dated and will necessitate significant investment before the property can be considered move-in ready. While the list price is competitive in the context of the local market, potential buyers must factor in the costs associated with modernisation. The lack of square footage data for nearby listings limits a precise comparison in price per square foot. Prospective buyers should undertake a thorough survey and cost assessment of renovations before making a purchase decision. The garden and scenic views are significant assets and add to the potential for a successful refurbishment project.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 780.00
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Metrics Year-on-Year
- Average area value
- 380,500.00 £Decreased by 7.95 %
- Est sale value
- 237,900.00 £Increased by 0.66 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est letting value
- 780.00 £/mo
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 46.00 %Unchanged by 0.00 %
Agent Activity
View Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Windmill Hill Academy | Academy Converter | Good | 0.11 KM |
| Launceston Children'S Centre | Children's Centre | 0.52 KM | |
| Launceston College | Academy Converter | Good | 0.69 KM |
| Launceston Primary School | Free Schools | 1.06 KM | |
| St Joseph'S School | Other Independent School | 1.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Park View | £ 0 | 0 | 0.00 KM |
| Edymeade Court | £ 0 | 0 | 0.00 KM |
| Station Road | £ 0 | 0 | 0.00 KM |
| Lower Cleavefield | £ 0 | 0 | 0.00 KM |
| Outerslip Drive | £ 187,875 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bounsalls Lane, Launceston | £ 220,000 | BUY | 6 / 10 | 0.08 KM |
| Bounsalls Lane, Launceston, Cornwall, PL15 | £ 119,950 | BUY | 5 / 10 | 0.11 KM |
| Mount Wise, Launceston | £ 235,000 | BUY | 7 / 10 | 0.13 KM |
| Exeter Street, Launceston, Cornwall, PL15 | £ 95,000 | BUY | Unknown | 0.13 KM |
| Madford Lane, Launceston, Cornwall, PL15 | £ 65,000 | BUY | 4 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Pendane | £ 51,000 | 0.05 KM |
| 2 Mount Madford | £ 118,000 | 0.05 KM |
| Coleridge | £ 148,000 | 0.05 KM |
| 1 Bounsalls Lane | £ 105,000 | 0.07 KM |
| 7 Bounsalls Lane | £ 95,000 | 0.07 KM |