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Launceston, Devon, PL15

South West

£375,000
Listed on 19/03/2026

Property Details

Bedrooms
4
Type
Semi Detached

Description

This semi-detached cottage presents a significant opportunity for renovation, nestled on a generous plot of just under half an acre. The property boasts a quiet rural setting with stunning countryside views, making it an appealing canvas for those looking to enhance and personalize their living space. It features four bedrooms, including a master suite with en-suite facilities, along with a dining room, kitchen, and living room that can all benefit from modern updates. The exterior includes ample parking with a single garage and various outbuildings equipped with power, which could serve multiple purposes—from storage to workshop space. The garden is mainly laid to lawn for simplicity but offers potential for landscaping and gardening enthusiasts, including an established vegetable patch suited for self-sufficiency. While the structure provides functional living spaces currently, upgrades such as modernizing the kitchen and bathrooms could substantially increase the property's value while enhancing comfort. Located near the charming village of Lifton in West Devon, this property enjoys good access to local amenities and major transport routes, presenting potential return on investment for renovations undertaken here.

Investment Analysis

(PL15 area)
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL15)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -1.1%
5 year growth: +10.7%
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

Launceston, Devon, PL15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 over 30 years at 3.91% 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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