# 2 bedroom end of terrace house for sale (PL15 8BW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 1, DOCKACRE COURT, DOCKACRE ROAD, LAUNCESTON, CORNWALL PL15 8BW |
| Price | £150,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £162,750 Aug 2023 |

## Description

Set back from the road and enjoying SUPERB VIEWS is this 2 BEDROOM END OF TERRACE HOUSE requiring modernisation and updating. Generous terraced REAR GARDENS and OFF ROAD PARKING. BLOCK VIEWING FRI 31ST MARCH 2PM - 3PM. CALL NOW TO BOOK!!!

**Location** - Set amidst the rolling green Cornish countryside, Launceston is known as the gateway to the county and sits on the Devon border. The towns skyline is dominated by the ruins of a Norman castle that stands high on a hillside with dramatic views over Bodmin moor and Dartmoor. The castle was a strategically important building after the Norman Conquest and its green was used for executions until the 19th century. Launceston is situated between the north and south coasts, so is convenient for beaches and the Cornish countryside. Out of town there is a Marks and Spencer Food Hall, Tesco, Argos, Iceland and Pets at Home to name a few. Launceston has some great schools. Villages surrounding Launceston also have good primary schools.The A30 will see you onto the M5 at Exeter in under 45 minutes and the A388 will get you to Plymouth in under an hour.

**The Accommodation Comprises** - (all measurements are approximate)

**Entrance Porch** - Wall mounted OIL fired central heating BOILER, serviced in October 2022. Door to:

**Kitchen/Breakfast Room** - 4.28m x 3.00m - 

**Lounge** - 4.29m x 4.14m - Staircase leading to:

**First Floor Landing** - Access to loft space.

**Bedroom 1** - 3.45m x 3.00m - Plus range of built-in wardrobes to one wall.

**Bedroom 2** - 2.99m x 2.79minto recess. - 

**Bathroom** - 1.68m x 1.96m - 

**Outside** - At the top of the drive is a layby providing allocated parking to this property. Then the property is approached via an initially shared tarmac driveway leading down to the property. To the rear of the property is an extensive patio which leads around to the side, OIL STORAGE TANK. Steps lead down to two terraced garden areas, which is currently overgrown but offers lawns and mature shrub and tree borders. Further down, through archway, steps lead down and behind properties 2 and 3.

**Services** - Mains water, electricity and drainage. Heating is powered via oil fired boiler with oil tank located at the side garden.

**Local Authority** - Cornwall Council.

**Council Band** - Council Tax Band B.

## Property Photos

- ![Front Elevation](/listings/photos/135500915/603533) - Front Elevation
- ![Rear Garden](/listings/photos/135500915/603536) - Rear Garden
- ![Kitchen](/listings/photos/135500915/603538) - Kitchen
- ![Lounge](/listings/photos/135500915/603539) - Lounge
- ![Bedroom 2](/listings/photos/135500915/603540) - Bedroom 2
- ![Bedroom 1](/listings/photos/135500915/603541) - Bedroom 1
- ![Bathroom](/listings/photos/135500915/603542) - Bathroom
- ![Side Patio Garden](/listings/photos/135500915/603543) - Side Patio Garden
- ![Rear Patio](/listings/photos/135500915/603544) - Rear Patio
- ![Rear Garden](/listings/photos/135500915/603545) - Rear Garden
- ![Rear Elevation](/listings/photos/135500915/603546) - Rear Elevation
- ![Rear View in Summer](/listings/photos/135500915/603547) - Rear View in Summer
- ![Rear Elevation in Summer](/listings/photos/135500915/603548) - Rear Elevation in Summer
- ![Photo](/listings/photos/135500915/603549)

## Floorplans

- ![Floorplan 1](/listings/photos/135500915/603551) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/135500915/603552) - EPC 1

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #4719633
- **Address:** 1 Dockacre Court, Dockacre Road, PL15 8BW
- **Certificate Issued:** 28/05/2007
- **Work Completed:** 03/05/2007
- **Items:** 8 window(s), 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| DOCKACRE COURT 1 DOCKACRE ROAD, LAUNCESTON, CORNWALL, PL15 8BW | £162,750 | 10/08/2023 | Terraced |
| DOCKACRE COURT 1 DOCKACRE ROAD, LAUNCESTON, CORNWALL, PL15 8BW | £143,000 | 01/06/2009 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] MOORVILLA DOCKACRE ROAD, LAUNCESTON, CORNWALL, PL15 8BW | £606,500 | 12/05/2023 | Detached |
| TIME-WELLS HOUSE CASTLE DYKE, LAUNCESTON, CORNWALL, PL15 8AY | £200,000 | 17/11/2022 | Terraced |
| 6 KENSEY PLACE, LAUNCESTON, CORNWALL, PL15 9EJ | £70,000 | 04/11/2022 | Terraced |
| EXETER COURT 8 EXETER STREET, LAUNCESTON, CORNWALL, PL15 9TQ | £165,000 | 18/03/2022 | Terraced |
| 5 KENSEY PLACE, LAUNCESTON, CORNWALL, PL15 9EJ | £105,000 | 23/06/2021 | Terraced |

**Street average:** £606,500 (1 sale)
**Area average:** £135,000 (4 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £255,222 (9 Terraced, PL15, 2024–2026)
- **Deviation:** -41.2%

## Rental Range

*ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £902/mo
- **Realistic:** £1,002/mo
- **Optimistic:** £1,102/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, St. Thomas Road, PL15 | £500/mo | 2 | 0.26 miles | OpenRent |
| 2 Bed Flat, St. Thomas Road, PL15 | £500/mo | 2 | 0.26 miles | OpenRent |
| 2 Bed Flat, St. Thomas Road, PL15 | £550/mo | 2 | 0.26 miles | OpenRent |
| 2 Bed Semi-Detached House, Barrabil Way, PL15 | £900/mo | 2 | 0.76 miles | OpenRent |

**Average rent: £613/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.35% (weak for cashflow)
- **Max investor price (0.8%):** £65,625
- **Target investor price (1%):** £52,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £525/mo).*

- **Gross yield:** 4.2%
- **Cost-to-rent:** 23.8×
- **Monthly cashflow:** £-143/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 25.2%
- **10y growth:** 51.6%

## House Price Index (HM Land Registry)

*Official index for Cornwall; Terraced series; as of March 2026.*

- **1y growth (index):** -2.2%
- **5y growth (index):** 10.5%
- **10y growth (index):** 36.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)