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Polyphant, Launceston

South West

£325,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1450 sqft

Description

This spacious detached home offers significant renovation potential in the charming Cornish village of Polyphant. The property features four generously sized double bedrooms, making it an ideal canvas for families or investors looking to create a personalized living space. Constructed in the 1980s, it presents an opportunity to modernize and update with its traditional block construction and spar-dashed finish. The interior comprises two reception rooms, a sizable hallway, and a kitchen paired with an adjoining utility room enhancing practicality. Though the home is equipped with single-glazed wooden windows and night storage heating, it could benefit from updates throughout to improve energy efficiency and aesthetic appeal. The exterior boasts a substantial rear garden adorned with natural hedges and a charming oak tree, complemented by the potential for additional off-road parking if desired. A garage adjoins the house, providing further scope for expansion or conversion. Located near local amenities and just a short drive from the A30, this property is not only about space but also about community, with nearby shops and recreational facilities enhancing its family-friendly appeal. This home represents an attractive investment opportunity for those willing to undertake refurbishment work to unlock its full potential.

Investment Analysis

(PL15 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£224/sq ft
Area Average
£265/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£423,154
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
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

Polyphant, 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
£1,191
Based on a loan of £243,750 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