Millerson says ..
ATTENTION INVESTORS, RENTAL PURCHASE WITH YIELD OF 6.9% FROM £550PCM. Completely refurbished to a high standard, is this spacious GROUND FLOOR ONE DOUBLE BEDROOM FLAT. Located only a short walk up to the town centre. Light and airy accommodation with large entrance hall and ample built-in storag...
Property Oracle says ..
This property is a one-bedroom, one-bathroom ground floor flat located in Launceston, Cornwall. The images provided show a recently refurbished space with modern kitchen and bathroom fittings. The flat is presented in good condition, boasting a clean and updated interior. Its location within Launceston offers accessibility to local amenities, with multiple schools within reasonable proximity. However, it is a flat and therefore lacks a garden or significant land. The price of £95,000 seems to be in line with other properties in the immediate vicinity that have undergone similar refurbishment. The lack of detailed price-per-square-foot data for the area hampers an entirely definitive assessment of its value. The property has potential as a rental investment given its size, condition, and proximity to schools, and is likely to appeal to first-time buyers or those seeking a low-maintenance property in a historic Cornish town.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 700.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 380,500.00 £Decreased by 7.95 %
- Est sale value
- 213,500.00 £Increased by 0.66 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est letting value
- 700.00 £/mo
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 33.00 %Unchanged by 0.00 %
Agent Activity
Millerson created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Windmill Hill Academy | Academy Converter | Good | 0.63 KM |
| St Joseph'S School | Other Independent School | 0.71 KM | |
| St Stephens Community Academy | Academy Converter | 1.01 KM | |
| Launceston Children'S Centre | Children's Centre | 1.04 KM | |
| Launceston College | Academy Converter | Good | 1.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Station Road | £ 0 | 0 | 0.00 KM |
| Park View | £ 0 | 0 | 0.00 KM |
| Lower Cleavefield | £ 0 | 0 | 0.00 KM |
| Rosebank | £ 550,000 | 0 | 0.00 KM |
| Edymeade Court | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ground Floor Flat, Launceston | £ 95,000 | BUY | 5 / 10 | 0.00 KM |
| Wooda Road, Launceston, Cornwall, PL15 | £ 90,000 | BUY | 5 / 10 | 0.01 KM |
| St. Thomas Hill, Launceston | £ 120,000 | BUY | Unknown | 0.06 KM |
| Tower Street, Launceston, Cornwall, PL15 | £ 100,000 | BUY | 5 / 10 | 0.06 KM |
| Northgate Street, Launceston | £ 189,950 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Wooda Road | £ 159,000 | 0.02 KM |
| 6 Wooda Road | £ 98,000 | 0.04 KM |
| 5 Wooda Road | £ 38,000 | 0.04 KM |
| 19 Northgate Street | £ 78,000 | 0.06 KM |
| 21 Northgate Street | £ 52,000 | 0.06 KM |