Westgate Street, Launceston, Cornwall, PL15
KI

Westgate Street, Launceston, Cornwall, PL15

By Kivells

£ 200,000

Reviews

2 out of 5 stars

Kivells says ..

A prominent commercial building of approximately 320 sq m (3,444 sq ft), coming to the market for the first time in decades has conversion potential to five flats confirmed by Cornwall Council. There are external steps provide first floor access at both ends of the property. East of access to ...

Property Oracle says ..

This property located on Westgate Street in Launceston, Cornwall, is a substantial commercial building. With a listed size of 2,834 sq ft, it presents significant potential but requires substantial renovation and modernisation. The provided photographs reveal an interior in need of complete updating. The current state of the interior is outdated, and the fixtures and fittings appear worn. A key aspect to consider is that the property has conversion potential confirmed by Cornwall Council. This conversion to residential use could significantly impact the value and desirability of the property. The lack of a garden or outdoor space may be a constraint for some potential buyers. The location is a positive aspect, situated in a town centre position within walking distance of various amenities and schools. However, the absence of detailed information regarding nearby public transportation presents a slight downside. The list price needs to be considered alongside the required works and the potential value post-conversion before a precise assessment of its suitability can be reached. The significant need for refurbishment should factor into the overall decision-making process for potential buyers.

Therefore, we give this property 4 / 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
1
Bedrooms
0
Bathrooms
0
Sqft (est)
2,834.14

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 %
from 413,363.00 £
Est sale value
864,412.70 £
Increased by 0.66 %
from 858,744.42 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
2,834.14 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Kivells marked this listing as sold.

  • Kivells created the listing.

Nearby Schools

NameTypeOfstedDistance
Windmill Hill AcademyAcademy ConverterGood0.38 KM
Launceston Children'S CentreChildren's Centre0.68 KM
Launceston CollegeAcademy ConverterGood0.94 KM
St Joseph'S SchoolOther Independent School1.05 KM
St Catherine'S Cofe Primary SchoolAcademy ConverterGood1.30 KM

Images

Picture No. 3 Picture No. 4 Picture No. 6 Picture No. 9 Picture No. 10 Picture No. 11 Picture No. 12 Picture No. 1 Picture No. 2 Picture No. 5 Picture No. 7 Picture No. 8 Picture No. 13 Picture No. 14 Picture No. 15 Picture No. 16 Picture No. 28 Picture No. 27

Nearby Streets

NameAverage PriceAverage SqftDistance
Park View £ 000.00 KM
Station Road £ 000.00 KM
Rosebank £ 550,00000.00 KM
Edymeade Court £ 000.00 KM
Lower Cleavefield £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Westgate Street, Launceston, Cornwall, PL15 £ 200,000BUY4 / 100.00 KM
Western Road, Launceston £ 129,950BUYUnknown0.07 KM
Westgate Street, Launceston, Cornwall, PL15 £ 275,000BUY6 / 100.09 KM
Dunheved Road, Launceston, Cornwall, PL15 £ 395,000BUY7 / 100.09 KM
Station Road, Lifton £ 650,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
1 Westgate Terrace £ 171,5000.07 KM
2 Westgate Terrace £ 189,9500.07 KM
3 Westgate Terrace £ 205,5000.07 KM
1 Belle Vue Terrace £ 155,0000.08 KM
2 Belle Vue Terrace £ 120,0000.08 KM