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St. Marys Road, Lanstephan, Launceston, Cornwall PL15 - Image 1
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St. Marys Road, Lanstephan, Launceston, Cornwall PL15 - Image 3

St. Marys Road, Lanstephan, Launceston, Cornwall PL15

South West

£155,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terrace property features three spacious double bedrooms and presents a solid opportunity for first-time buyers or investors looking to capitalize on a renovation project. The layout includes an entrance hall, cloakroom, utility room, a lounge/diner with picturesque countryside views, and a kitchen leading out to the rear garden. The first floor accommodates all three bedrooms and a family bathroom. Both front and rear gardens offer potential for landscaping improvements. Positioned in the Lanstephan area of Launceston, the home is conveniently located near open countryside while being just a short drive from the town center. Though currently in need of modernisation, this home can be transformed into a desirable space that adds significant value.

Investment Analysis

(PL15 area)
Area Average
£265/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PL15)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -3.1%
5 year growth: 18.4%
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

St. Marys Road, Lanstephan, Launceston, Cornwall PL15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£568
Based on a loan of £116,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE