Worst House on the Street Logo
St. Stephens Hill, Launceston PL15 - Image 1
St. Stephens Hill, Launceston PL15 - Image 2
St. Stephens Hill, Launceston PL15 - Image 3
St. Stephens Hill, Launceston PL15 - Image 4
St. Stephens Hill, Launceston PL15 - Image 5
St. Stephens Hill, Launceston PL15 - Image 6
St. Stephens Hill, Launceston PL15 - Image 7
St. Stephens Hill, Launceston PL15 - Image 8
St. Stephens Hill, Launceston PL15 - Image 9
St. Stephens Hill, Launceston PL15 - Image 10
St. Stephens Hill, Launceston PL15 - Image 11
St. Stephens Hill, Launceston PL15 - Image 12
St. Stephens Hill, Launceston PL15 - Image 13
St. Stephens Hill, Launceston PL15 - Image 14
St. Stephens Hill, Launceston PL15 - Image 15

St. Stephens Hill, Launceston PL15

South West

£275,000

Listed on 11/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1100 sqft

Description

This charming three-bedroom mid-terrace cottage features well-sized living spaces across two levels, positioned conveniently near local amenities. A significant recent upgrade includes a brand-new roof, ensuring durability for future homeowners. The property holds an EPC rating of C, indicative of its energy efficiency. Inside, the entrance hall opens into a spacious open-plan kitchen and dining area, perfect for family gatherings or entertaining guests, with direct access to a rear patio. The front-facing sitting room retains period details along with a log-burning stove that adds warmth and character. On the upper floor, three comfortable bedrooms are accompanied by a well-equipped family bathroom with both a shower and bath. The outdoor area features a small front courtyard leading to an inviting covered porch. At the back, steps lead from the dining room to a private patio area surrounded by fencing for added seclusion. A lengthy pathway extends to the rear garden, where potential abounds—currently comprising generous lawn space bordered by wooden fencing and a stone wall offering privacy. This garden also includes a shed and summer house that require refurbishment but present exciting opportunities for enhancement or storage. The location offers unallocated on-street parking directly opposite the property alongside close proximity to various facilities in Newport and Launceston town centre less than half a mile away. This property not only appeals as a comfortable home but also represents an excellent investment opportunity for those looking to add value through renovation efforts.

Investment analysis

(PL15 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£250/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£327,608
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
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

St. Stephens Hill, Launceston PL15
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 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

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates