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Newport Square, Cornwall PL15 - Image 1
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Newport Square, Cornwall PL15

South West

£99,000
Listed on 11/11/2025

Property Details

Bedrooms
5
Type
Semi-detached house

Description

This Grade II listed property presents a unique opportunity for those looking to invest in a home with significant renovation potential. Nestled in an elevated position within the Newport area of Launceston, the property boasts captivating views over the town, including a striking sight of Launceston Castle. Character and history abound within this spacious residence, which features high ceilings and original architectural details that enhance its charm. The layout includes three generous reception rooms, two areas that can be transformed into kitchens, and a versatile ground-floor space that could accommodate a W.C. The first floor, accessible via two separate staircases, comprises five well-sized bedrooms and offers ample opportunity for reconfiguration to create additional bathrooms or living areas to suit various needs. Externally, the property includes five substantial stone outbuildings with power already connected, providing excellent scope for conversion into functional spaces such as workshops or additional living quarters (subject to necessary planning permissions). The rear also features a walled garden that offers privacy and potential for landscaping. Additionally, there is parking available for multiple vehicles, accommodating both residents and guests. Located just half a mile from Launceston's town center, this home is within walking distance of essential amenities including grocery stores, pubs, schools (both primary and independent), and recreational facilities such as a bowling club. The property also benefits from access to major roads including the A30 dual carriageway, ensuring ease of travel to nearby towns like Exeter and Plymouth. Prospective buyers should note important information regarding the property's structural condition and ongoing flood issues included in the Auction Pack. This document must be reviewed prior to any viewing arrangements. Overall, this property offers an intriguing mix of historical allure and modern investment potential in a desirable location.

Investment Analysis

(PL15 area)
Area Average
£265/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PL15)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -3.1%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on PL15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Newport Square, Cornwall PL15
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£363
Based on a loan of £74,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE