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Dunheved Road, Launceston, Cornwall PL15

South West

£1,400,000
Listed on 08/05/2026

Property Details

Bedrooms
7
Type
Detached

Description

This impressive residence, crafted in the early 1950s by the current owner's parents, presents a unique opportunity for renovation within one of Launceston's most desirable yet private settings. Occupying approximately three acres of established, mature gardens, the property not only ensures seclusion but also offers wonderful outdoor potential, approached via an inviting sweeping driveway. The grounds are adorned with a wealth of trees and shrubs, creating diverse vistas throughout the seasons, along with a greenhouse and a vegetable garden that speak to gardening enthusiasts or those interested in sustainability. The interior boasts generous living spaces filled with natural light due to large windows. The layout includes an entrance hall, cloakroom/WC, well-equipped kitchen breakfast room, elegant dining room, spacious drawing room, and a conservatory that captures picturesque views—perfect for both relaxation and gatherings. The first floor features five spacious bedrooms—including a principal suite with ensuite—and a family bathroom. Versatile usage is possible with one bedroom currently designated as a study. A second floor adds further value with two additional double bedrooms and an informal sitting area—ideal for guests or family. Although the residence has held its charm over the years, it offers significant renovation potential to modernize or reconfigure existing spaces to fit contemporary living needs. Notably, there is an old coach house and stable block with excellent prospects for conversion into separate accommodation (subject to planning consents). This property holds great promise for those looking to invest in a charming home that can be tailored to their vision.

Investment Analysis

(PL15 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
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

Dunheved Road, Launceston, Cornwall PL15
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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
£4,995
Based on a loan of £1,050,000 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.

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