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St. Stephens Hill, Launceston, PL15

South West

£280,000
Listed on 16/02/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1249 sqft

Description

This end of terrace cottage in the desirable St Stephens area presents a promising opportunity for those looking to invest in a property with character. Boasting three spacious bedrooms and two reception rooms, this home is rich in charm but could benefit from some modern updates. The property features a quaint front courtyard garden that provides access to a generous rear garden, divided into three sections, each with potential for enhancement or reconfiguration. This outdoor space includes a well-established lawn, attractive flower beds, and even a stone outbuilding that could serve various purposes depending on your vision—be it additional storage or possibly a workshop. The appealing views towards Launceston Castle and the countryside create an inviting atmosphere, making this property ideal for refurbishment projects aimed at maximizing both personal enjoyment and future resale value. Internally, while the bones of the house are solid, enhancements to the kitchen and bathroom areas could significantly elevate the living experience. An internal viewing is recommended to fully appreciate its potential and scope for renovation.

Investment Analysis

(PL15 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£224/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£368,068
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
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

St. Stephens Hill, Launceston, 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
£992
Based on a loan of £210,000 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.

Stamp Duty Calculator

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