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Trewint, Launceston, PL15

South West

£300,000
Listed on 29/04/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This exceptional development opportunity is situated within a desirable village, adjacent to picturesque open moorland. Spanning approximately 1.3 acres of flat pastureland, the plot has recently received planning permission in principle (Application Number PA24/00998) for the construction of up to nine residential units. This includes a requirement for at least five affordable homes to address local housing needs, alongside four market-value properties. The site benefits from established boundary hedges and is serviced by mains water at one corner and potential electricity and telecoms connectivity available along the roadside. With nearby access from Rosemead, prospective investors can explore the significant potential this parcel offers for small-scale residential development.

Investment Analysis

(PL15 area)
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Trewint, 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
£1,063
Based on a loan of £225,000 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

This calculation uses non-residential (land/commercial) tax rates.

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