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Fairfax Place, Launceston, PL15

South West

£99,950Guide Price

Listed on 20/07/2026

Property details

Bedrooms
2
Type
End Of Terrace

Description

This end-terraced property presents a significant opportunity for renovation and refurbishment, offering generous living space across three levels. The layout includes a potential kitchen/breakfast area on the lower ground floor, a dining room and sitting room on the first floor, and two bedrooms with a family bathroom located on the second floor. The rear garden, which requires extensive landscaping, complements the property along with a designated parking space. This property is ideal for those looking to invest in a project that can be tailored to personal taste while enhancing its value.

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 - £45,000
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

Fairfax Place, Launceston, 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
£378
Based on a loan of £74,962 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

Next Steps

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