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Hollies Road, Launceston

South West

£335,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Detached

Description

This 3-bedroom dormer property offers ample space and is situated in a tranquil area on the outskirts of Launceston, providing stunning vistas over the town and the historic Norman Castle. Set on a generous plot with well-maintained front and rear gardens, the property comes with dual driveways, a covered carport, and an adjacent garage for convenient parking. While the property would benefit from updates, this presents an excellent opportunity for prospective buyers to personalize their living space. The flexible layout includes two first-floor bedrooms and a ground-floor bedroom that can also serve as an office or study. The two reception rooms at the back of the house enjoy expansive views of the garden, enhancing their appeal. On the ground floor, you have a kitchen and breakfast room alongside a covered porch that leads to the garage. Upstairs, both double bedrooms include fitted wardrobes, with one offering picturesque views of Launceston’s surroundings. The property features wisely designed outdoor spaces: a front garden filled with diverse plants and shrubs leads to the entrance while the sizeable rear garden boasts a raised patio and extensive lawn area. This property not only promises comfort but also provides potential for significant value addition through renovations.

Investment Analysis

(PL15 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Hollies Road, Launceston
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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
£1,195
Based on a loan of £251,250 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

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