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Hurdon Way, Launceston

South West

£179,950
Listed on 20/03/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This 3-bedroom terraced house presents a significant opportunity for those interested in renovation and investment. Ideally situated within close proximity to local retail parks, supermarkets, and Launceston College, the property benefits from a convenient location that enhances its appeal for potential tenants or future resale. The home features a spacious living room with a large rear window that opens up to views of the garden, providing ample natural light. The open-plan kitchen and dining area also overlooks the outdoor space, offering an inviting atmosphere for family gatherings or entertaining. A rear porch provides access to the garden, which has been cleared and awaits new landscaping ideas—making it an ideal blank canvas for personal touches or enhancements. On the ground floor, you will find a hallway with a storage cupboard as well as an enclosed shower room, adding practical elements to the layout. Moving upstairs, three bedrooms are arranged around a bathroom that includes an airing cupboard housing the immersion tank. Notable features include off-road parking available at the front of the property along with a generous rear garden that can be transformed into an outdoor retreat. With various updates and renovations possible throughout the space, this property is set up perfectly for those looking to invest in real estate and influence its future value through thoughtful improvements. Overall, this residence combines a prime location with substantial potential for customization and enhancement.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Hurdon Way, Launceston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £134,962 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