View Property says ..
A spacious 3 bedroom detached property situated in a tucked away location set in a generous plot. The property is in need of updating and renovation but offers great potential and has no onward chain. The property is accessed via a gated access onto a driveway providing a good amount of ...
Property Oracle says ..
Launceston is a popular market town in Cornwall, and this property is located in the Launceston South area. Several primary and secondary schools are within a reasonable distance, making it potentially attractive to families. While specific transportation links aren’t detailed, Launceston itself offers various amenities and is relatively well-connected to other parts of Cornwall. The proximity to schools such as St Catherine’s Cofe Primary School (rated ‘Good’ by Ofsted) and Launceston College (also rated ‘Good’) is a positive factor for potential buyers.
The property itself appears to be in need of some modernisation and updating. The interior features dated décor and furnishings, suggesting a need for renovation to enhance its overall appeal and condition. The carpets and wallpaper are noticeably worn, and the kitchen and bathrooms appear somewhat tired. The presence of a conservatory is a positive feature, but the overall condition requires attention. The garden is of a reasonable size, offering potential for landscaping and improvement.
Considering the average house price in the area is significantly higher (£468,178) than the list price of this property (£295,000), the price may initially seem attractive. However, the need for renovation must be factored in. The average price per square foot in the area is £235, and while the square footage of this property (1075 sqft) is lower than the area average, the lower list price reflects the property’s condition and need for modernisation. The nearby property listings show a range of prices, with some properties listed at similar or lower prices, but these lack the detail to allow a direct comparison. Therefore, a thorough survey and cost estimate for renovations are crucial to determine the true value and overall financial viability of this property.
The property includes a garage and a garden, which are desirable features. The garden, while requiring some attention, is of a reasonable size and has potential.
Based on the provided images, the property could be tagged as needing renovation. The property shows signs of age and requires modernisation throughout.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 1,075.00
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
- 327,875.00 £Increased by 0.66 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est letting value
- 1,075.00 £/mo
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
View Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Catherine'S Cofe Primary School | Academy Converter | Good | 0.52 KM |
| Launceston Children'S Centre | Children's Centre | 1.11 KM | |
| Windmill Hill Academy | Academy Converter | Good | 1.18 KM |
| Launceston College | Academy Converter | Good | 1.34 KM |
| St Joseph'S School | Other Independent School | 1.59 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rosebank | £ 550,000 | 0 | 0.00 KM |
| Long Meadow | £ 347,231 | 0 | 0.00 KM |
| Kestle Close | £ 392,500 | 0 | 0.00 KM |
| Park View | £ 0 | 0 | 0.00 KM |
| B3254 | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Western Road, Launceston | £ 295,000 | BUY | 5 / 10 | 0.00 KM |
| St. Johns Road, Launceston | £ 255,000 | BUY | 7 / 10 | 0.06 KM |
| Launceston, Cornwall | £ 600,000 | BUY | 7 / 10 | 0.11 KM |
| St. Johns Road, Launceston | £ 525,000 | BUY | 7 / 10 | 0.17 KM |
| St. Johns Road, Launceston | £ 350,000 | BUY | 7 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 38 St Johns Road | £ 192,000 | 0.10 KM |
| 14 St Johns Road | £ 160,500 | 0.10 KM |
| 12 St Johns Road | £ 215,000 | 0.10 KM |
| 18 St Johns Road | £ 130,000 | 0.10 KM |
| 34 St Johns Road | £ 175,000 | 0.10 KM |