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Market Court, Launceston

South West

£79,950
Listed on 04/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
539 sqft

Description

This one-bedroom flat is positioned in the vibrant heart of Launceston, a town known for its rich history and community spirit. The apartment boasts impressive views that highlight the nearby Norman Castle and the charming town center, creating a picturesque backdrop for everyday living. Upon entering, you are greeted by a hallway that grants access to each room within the flat. The sitting and dining area is notable for its expansive front-facing window, which invites natural light while framing stunning views of local landmarks. Adjacent to this space is a compact open-plan kitchen equipped with essential eye and base level units, providing a functional area ready for potential upgrades. The double bedroom also enjoys lovely views and features built-in double doors leading to a generous wardrobe, offering ample storage solutions. The bathroom includes a traditional three-piece suite with a full-length bath, presenting an opportunity for modern updates. A convenient launderette is located on the ground floor of Market Court, available exclusively to residents. This amenity allows for laundry tasks without the need for personal appliances or external trips to public facilities. Located just steps away from numerous local and national amenities, this property offers great accessibility while enjoying the benefits of urban living. Situated in a well-established building with lift access to all floors and underpinned by a long leasehold, this flat presents an exciting investment opportunity. While it does require some refurbishment, this aspect provides a prospective buyer the chance to personalize their space according to their taste. With no forward chain involved in the sale, this apartment awaits new owners ready to put their stamp on it amidst Launceston's rich tapestry of history and culture.

Investment Analysis

(PL15 area)

Below Market Value

This property is priced -44.3% below area average per sq ft

-44.3%
Potential saving
This Property
£148/sq ft
Area Average
£266/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£157,830
10% above area average per sq ft
Potential ROI
+57.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (PL15)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -6.2%
5 year growth: +8.7%
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

Market Court, Launceston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£288
Based on a loan of £59,962 over 30 years at 4.06% 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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