Summary - THE VILLAGE 3 LAWHITTON LAUNCESTON PL15 9NQ
2 bed 1 bath Terraced
Compact two-bedroom terraced cottage in Lawhitton — renovation project ideal for investors..
- Vacant two-bedroom mid-terrace cottage, approx 581 sq ft
- Requires modernisation throughout; renovation and decoration needed
- EPC rating E (46); heating via electric storage heaters
- Traditional granite walls likely uninsulated; potential insulation work
- Very small plot with limited scope for extension
- Auction sale: immediate exchange; buyer fees apply (see legal pack)
- No flood risk; very low local crime, rural hamlet location
- Guide price £60,000–£70,000; refurbishment budget required
Set in the small hamlet of Lawhitton, this two-bedroom mid-terrace granite cottage offers a straightforward buy-to-let or renovation project close to Launceston. The compact layout (approximately 581 sq ft) includes an open-plan ground floor living/kitchen/dining room, two first-floor bedrooms and a bathroom. The house is vacant and ready for works to bring it up to rental standard.
The property requires modernisation throughout: expected upgrades include heating, internal finishes and possibly wall insulation (stone construction assumed uninsulated). It currently has electric storage heating and a current EPC rating of E (46). These are practical negatives but also clear, manageable scopes of work that let an investor control refurbishment costs and specification.
This lot is offered at a livestream auction with immediate exchange on successful bidding (auction 21 October, 14:00). Legal pack is available to download. Note the advertised buyer administration fee (£1,200 inc VAT) and buyer’s premium (£720 inc VAT) payable on exchange — factor these and refurbishment costs into your purchase budget.
For an investor comfortable with a compact, characterful property and renovation, the cottage could deliver reliable rental income close to Launceston. The location is rural and quiet, with low crime and no flood risk; council tax costs are very low. The small plot and modest size limit scope for extension, but the stone character and rural setting will appeal to a specific tenant market once refurbished.
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