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Hellescott, Launceston, PL15

South West

£675,000
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1528 sqft

Description

This distinctive three-bedroom detached farmhouse, set on nearly five acres, offers a remarkable opportunity for renovation and investment in a sought-after rural village environment. The property features spacious open-plan living areas alongside two separate reception rooms and a galley kitchen, making it ideal for family life while retaining numerous original attributes that exude character. The master bedroom enjoys the benefit of an en-suite, complemented by two additional well-sized bedrooms. The outdoor space is equally impressive, featuring mature gardens with well-established borders, an attractive pond that supports local wildlife, and an orchard with apple and pear trees—all prime candidates for restoration or enhancement. Equestrian enthusiasts will find the land divided into useful south-facing paddocks, supported by excellent facilities including a sand school and a stable block with tack room. Moreover, additional storage spaces offered by various barns and outbuildings present opportunities for multifunctional use. Having been in the same ownership for almost three decades, this farmhouse provides a unique canvas to create a contemporary home while embracing its historical charm. With commanding views over the Cornish countryside and various potential uses ranging from family residence to small holding or equestrian activities, this property is ripe for creative renovation.

Investment Analysis

(PL15 area)

Above Market Value

This property is priced +63.1% above area average per sq ft

+63.1%
This Property
£442/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£455,329
10% above area average per sq ft
Potential ROI
-41.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL15)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -2.2%
5 year growth: +7.9%
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

Hellescott, Launceston, PL15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,408
Based on a loan of £506,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-3.4% since listed
£675,000£24,000(-3.4%)
07/05/2026
Current price
£699,000Initial listing
29/04/2026

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