Worst House on the Street Logo
Launceston, PL15 - Image 1
Launceston, PL15 - Image 2
Launceston, PL15 - Image 3
Launceston, PL15 - Image 4
Launceston, PL15 - Image 5
Launceston, PL15 - Image 6
Launceston, PL15 - Image 7
Launceston, PL15 - Image 8
Launceston, PL15 - Image 9
Launceston, PL15 - Image 10
Launceston, PL15 - Image 11
Launceston, PL15 - Image 12

Launceston, PL15

South West

£375,000
Listed on 19/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1439 sqft

Description

This expansive four-bedroom semi-detached cottage occupies a generous plot of nearly half an acre in a tranquil rural setting, offering picturesque countryside views. The property presents a fantastic opportunity for those looking to invest in renovations and personalisation, with a variety of spaces ready for modern updates. The layout includes a dining room, kitchen, and a living room that opens onto the garden area, while the first floor boasts four bedrooms, including a master suite with en-suite facilities and a family bathroom. Accessed via a five-bar gate, the property features parking for two vehicles and includes a single garage alongside multiple outbuildings such as a workshop and storage sheds—each equipped with power. The wrap-around garden is predominantly laid to lawn, providing low-maintenance outdoor space complemented by a decked area extending from the living room and a summerhouse for leisure. At the far end of the garden lies an established vegetable patch offering potential for sustainable living. The internal features include exposed stonework and beams throughout, traditional fireplaces in both the dining room and living room, and practical kitchen amenities awaiting refurbishment. With mains electricity supplied and alternative heating options from solar panels and an air source heat pump, this property has promising aspects that can be enhanced with careful renovation.

Investment Analysis

(PL15 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%
Potential saving
This Property
£261/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£424,059
10% above area average per sq ft
Potential ROI
-0.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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, PL15
Loading map...

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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates