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Woburn Road, Launceston

South West

£325,000

Listed on 27/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1423 sqft

Description

Situated on the outskirts of Launceston, this traditional detached house from the 1970s presents a promising renovation opportunity for investors or those looking to create their ideal family home. The residence is conveniently located near local amenities including supermarkets, healthcare facilities, and recreational clubs. With easy access to the A30, it offers excellent transport links to Exeter and Truro, and proximity to Plymouth's port for international travel. The layout consists of a welcoming entrance porch leading into a hallway with wooden flooring. The spacious lounge/dining area enjoys triple aspect windows and features a non-operational fireplace that could be revitalized. It connects seamlessly to the dining room and kitchen, which features basic units that may require updating or reconfiguration to maximize functionality. A utility room adds further practicality, along with an attached double garage that holds potential for conversion into additional living space. Upstairs comprises three bedrooms—two with built-in wardrobes—and a family bathroom needing modernisation. Outside boasts ample parking on a tarmac drive, alongside gardens predominantly laid to lawn with established hedgerows offering privacy. Furthermore, an enclosed patio area at the rear creates potential for outdoor entertaining once improved. This home is double glazed and benefits from mains gas central heating.

Investment Analysis

(PL15 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£228/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£424,040
10% above area average per sq ft
Potential ROI
+16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Woburn 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
£1,159
Based on a loan of £243,750 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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