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Hellescott, Launceston, PL15

South West

£550,000

Listed on 21/07/2026

Property details

Bedrooms
N/A
Type
Plot

Description

South Hellescott Farm offers a significant opportunity for redevelopment in a desirable rural area on the Cornwall and Devon border. The property consists of both traditional and modern agricultural structures along with approximately 1.67 acres of land, ideal for transformation into a residential setting. With existing consents for residential redevelopment, the site allows for the construction of up to nine dwellings by integrating new builds with conversions of existing agricultural buildings, thus presenting a unique investment potential. The approved plans showcase a blend of contemporary architecture and the preservation of the site's historical character, utilizing sustainable technologies such as photovoltaic panels and air source heat pumps. This established farmstead is not only strategically located near Launceston and the A30 but also benefits from panoramic countryside views, making it an attractive proposition for developers or investors looking to capitalize on its redevelopment potential. Detailed planning documentation can be accessed via the selling agents or through the Cornwall Council Planning Portal.

Investment analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £500,000
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

Hellescott, 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
£2,078
Based on a loan of £412,500 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

This calculation uses non-residential (land/commercial) tax rates.

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