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Tremaine, Launceston, PL15

South West

£595,000

Listed on 22/05/2026

Property Details

Bedrooms
6
Type
Not Specified

Description

This property presents a unique opportunity to acquire two semi-detached chalet bungalows, providing adaptable living arrangements across six sizeable bedrooms, two contemporary bathrooms, and four reception areas. Positioned on an elevated plot with no immediate neighbours and expansive views of the countryside, the potential for conversion into a single dwelling (subject to planning permission) or maintaining both for dual occupancy makes it an attractive investment. Dawncroft features an entrance porch leading into a spacious living room, a sitting room with characterful beamed ceilings, two well-sized bedrooms, and a dining area that flows into the kitchen and utility space. Similarly, Gorracott offers an open-plan lounge/diner, complemented by a bedroom and kitchen/breakfast room with ample natural light. Both properties retain charming elements such as exposed beams and decorative fireplaces while featuring large windows that invite ample daylight. Each bungalow includes generously sized bedrooms with built-in storage solutions suitable for family use or guest accommodations. The extensive gardens encompass approximately 3.5 acres of tranquil outdoor space surrounded by mature trees, perfect for gardening enthusiasts or those seeking relaxation. Additionally, there are multiple outbuildings that could be further developed. The property benefits from no onward chain and is best appreciated through internal viewing.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Tremaine, 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
£2,123
Based on a loan of £446,250 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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