View Property says ..
An opportunity to acquire a well presented and convenient commercial premises situated in Launceston Town Centre which features a lovely outlook at the front looking across to Launceston Castle. The property has an entrance foyer with two internal works rooms alongside a kitchen area an...
Property Oracle says ..
This property is a small commercial unit located on Broad Street in Launceston, Cornwall. The listing price is significantly below the average price for the area, which is considerably higher at £468,178. However, this is likely due to the property being a small commercial unit rather than a residential property. The property appears to be in good condition and has recently been renovated. The location is central in Launceston, close to the castle and other amenities. While there is no land associated with the property, its central location is a positive factor. The lack of bedrooms and bathrooms is expected given the commercial nature of the property. The price seems reasonable considering the size and location, though further investigation into comparable commercial properties in the area is recommended.
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
- 9
- Location
- 8
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 601.10
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
- 183,335.50 £Increased by 0.66 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est letting value
- 601.10 £/mo
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 71.00 %Unchanged by 0.00 %
Agent Activity
View Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Windmill Hill Academy | Academy Converter | Good | 0.30 KM |
| Launceston Children'S Centre | Children's Centre | 0.71 KM | |
| Launceston College | Academy Converter | Good | 0.94 KM |
| St Joseph'S School | Other Independent School | 1.04 KM | |
| Launceston Primary School | Free Schools | 1.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Park View | £ 0 | 0 | 0.00 KM |
| Station Road | £ 0 | 0 | 0.00 KM |
| Edymeade Court | £ 0 | 0 | 0.00 KM |
| Lower Cleavefield | £ 0 | 0 | 0.00 KM |
| Rosebank | £ 550,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Broad Street, Launceston, Cornwall, PL15 | £ 240,000 | BUY | 6 / 10 | 0.04 KM |
| Westgate Street, Launceston | £ 99,950 | BUY | 6 / 10 | 0.05 KM |
| 'SUBJECT TO' OFFERS INVITED | £ 200,000 | BUY | 4 / 10 | 0.06 KM |
| Oak Moor Drive, Launceston | £ 185,000 | BUY | 7 / 10 | 0.09 KM |
| Westgate Mews, Launceston, Cornwall, PL15 | £ 75,000 | BUY | 4 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 High Street | £ 50,000 | 0.09 KM |
| 10 Westgate Mews | £ 80,000 | 0.10 KM |
| 16 Westgate Mews | £ 48,000 | 0.10 KM |
| 2 Westgate Mews | £ 29,000 | 0.10 KM |
| 25 Westgate Mews | £ 81,000 | 0.10 KM |