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Duke Street, Launceston, Cornwall, PL15 - Image 1
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Duke Street, Launceston, Cornwall, PL15

South West

£260,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
End Of Terrace

Description

This charming end-terrace cottage presents a valuable opportunity for first-time buyers or investors keen to add their personal touch. The property requires some updates as it has a straightforward layout with a compact kitchen featuring basic units and space for essential appliances, including an electric cooker and plumbing for a washing machine. A newly added UPVC conservatory offers a pleasant area to enjoy the views of the rear garden year-round. On the ground floor, you'll find both a dining room and a cozy living room, while upstairs houses three bedrooms equipped with built-in cupboards, complemented by a tiled shower room. The property is heated by electric storage heaters and benefits from double glazing throughout. Outdoors, the sheltered courtyard includes an outside WC and a sizable studio/workshop currently used for artistic pursuits. The expansive garden is bordered by timber fencing and features mature shrubs along with traditional cottage-style planting, along with an existing greenhouse and timber shed. There’s also covered parking suitable for a small car, plus additional driveway space accessible from Underhayes Lane. Notably, there is potential development scope in the garden for constructing an additional dwelling, pending appropriate planning permission. Located on the northern outskirts of Launceston, this property is conveniently close to local amenities and transport links that connect easily to larger town facilities.

Investment analysis

(PL15 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.1%

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
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL15)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -2.0%
5 year growth: +2.9%
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

Duke Street, Launceston, Cornwall, PL15
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£982
Based on a loan of £195,000 over 30 years at 4.45% 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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