# 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 | £195,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1991-1995 | | Floor area | 60 m² | | Last sold | £162,750 Aug 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 13/03/2033 - **Current heating cost:** £852/year - **Est. upgrade cost to C:** £13,835 ### Recommendations - A (£100 - £350) - B4 (£300 - £600) - W1 (£800 - £1,200) - E (£60) - I (£2,200 - £3,000) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9343-3025-6207-1637-0200) ## Description A spacious 2 bedroom end of terrace property with far reaching views and parking for 3 or 4 vehicles plus an extensive garden at the rear. The property can be found on the outskirts of Launceston and has no onward chain. The accommodation includes a useful entrance porch with space for coats and shoes and a door into an open-plan kitchen and breakfast room with 2 front facing windows. The kitchen features a range of units and the breakfast room allows space for a table and chairs. A door leads through to a generous living room which has a window to the rear and patio doors to the rear featuring far reaching countryside views across to Dartmoor. On the first floor there are 2 bedrooms with the main bedroom being a great size and taking full advantage of the elevated panoramic view at the rear. There is also a well presented shower room on the first floor. There is a patio area which wraps around the side and rear of the property, providing an ideal entertaining space with great views. Steps lead down to the garden which is a great size, although currently overgrown there is great potential for a buyer. **Porch** - 1.26m x 1.02m (4'1" x 3'4" ) - **Kitchen / Breakfast Room** - 4.27m x 2.98m (14'0" x 9'9" ) - **Living Room** - 4.29m x 4.12m max (14'0" x 13'6" max) - **First Floor** - **Bedroom 1** - 4.26m x 2.98m (13'11" x 9'9" ) - **Bedroom 2** - 3.00m x 2.19m (9'10" x 7'2" ) - Plus Door Recess **Shower Room** - 1.92m x 1.73m (6'3" x 5'8" ) - **Services** - Main Electricity, Water and Drainage. Council Tax Band A Heating:- Electric Heaters **Agents Note** - The neighbouring properties have a right off access over the shared driveway. The property owns the lay by out the front of the properties. ## Property Photos - ![Photo](/listings/photos/174510500/603553) - ![Photo](/listings/photos/174510500/603555) - ![Photo](/listings/photos/174510500/603559) - ![Photo](/listings/photos/174510500/603561) - ![Photo](/listings/photos/174510500/603565) - ![Photo](/listings/photos/174510500/603567) - ![Photo](/listings/photos/174510500/603570) - ![Photo](/listings/photos/174510500/603572) - ![Photo](/listings/photos/174510500/603576) - ![Photo](/listings/photos/174510500/603577) - ![Photo](/listings/photos/174510500/603578) - ![Photo](/listings/photos/174510500/603579) - ![Photo](/listings/photos/174510500/603580) - ![Photo](/listings/photos/174510500/603581) - ![Photo](/listings/photos/174510500/603582) - ![Photo](/listings/photos/174510500/603583) - ![Photo](/listings/photos/174510500/603584) - ![Photo](/listings/photos/174510500/603585) - ![Photo](/listings/photos/174510500/603586) - ![Photo](/listings/photos/174510500/603587) ## Floorplans - ![Blue Floorplan.png](/listings/photos/174510500/603588) - Blue Floorplan.png ## EPC Graphs - ![EE Rating](/listings/photos/174510500/603589) - EE Rating ## 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 | |---------|-------|------|------| | 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 | **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:** -23.6% ## 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 | 0.75 miles | OpenRent | **Average rent: £613/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.27% (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:** 3.2% - **Cost-to-rent:** 31× - **Monthly cashflow:** £-320/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -6.8% *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).* ## Price per Square Metre - **£/m²:** £3,250/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 34% - **10y growth:** 48.8% ## 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)