Sold STC Semi-detached

24 NORTHGATE STREET

LAUNCESTON, LAUNCESTON, CORNWALL PL15 8BD

3 beds Listed 1 Dec 2015 (-3826d)

£192,500

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Property details

Tenure

FREEHOLD

Last sold

£141,000 May 2004

Local average

£210,015 (-8.3%)

Deprivation

Decile 3 (9,033 of 33,755)

Street crime

89 incidents within 1 mile (Mar 2026)

Key features

  • Exceedingly spacious 3 bedroom Grade II Listed end terrace town house.
  • Offered for sale in excellent decorative order.
  • Having a wealth of character throughout.
  • Well-appointed modern fitted kitchen with many integrated appliances.
  • Lounge with wood burning stove.
  • Separate formal dining room.
  • 3 bedrooms
  • one of which has an en-suite shower room WC.
  • Luxuriously appointed family bathroom WC.
  • Mains gas fired central heating.

Additional details

Parking
Yes
Garden
Yes

Description

Ring O Bells, 24 Northgate Street was constructed in the 1800s and has an extensive history as it fronts what was initially one of the main streets in the town. We believe that previously the property was used as commercial premises being a Greengrocers and more lately the Red Cross Shop. The premises have also always been used for holding church meetings and today it is a fine town home presented for sale in excellent decorative order. Our client has made a number of key improvements to the building over the past 10 years such as replacing some of the windows, installing mains gas fired central heating as well as a modern fitted kitchen and luxurious family bathroom WC. The property is a great mix of character with modern comforts and no doubt would appeal to many prospective purchasers.

Internally rooms include a welcoming reception hall with dado rail and ornate stained glass. The lounge has a large window with window seat and a recently installed wood burner. The high quality fitted kitchen is well equipped with a range of matching high gloss wall and base units with wooden effect work surfaces. The kitchen has laminated flooring and recess down lighting. Under all units there is concealed under lighting and rustic feature splashbacks. Many appliances are included in the sale such as an electric hob with extractor above, double oven, fridge/freezer, washing machine and dishwasher.

Moving through, the formal dining room has many features including ornate cornicing and a celling rose and is large enough to accommodate a good sized table. Completing the ground floor there is an under stairs storage cupboard and rear porch. The elegant staircase gently sweeps its way up to the first floor where there is a window and cupboard on the half landing. There are three bedrooms; the magnificent master bedroom suite has an imposing vaulted ceiling with exposed roof beams, an ornate fire surround and sanded floorboards. Bedroom two which is also large enough to accommodate a double bed also has sanded floorboards and there is a glazed light well separating the two rooms providing maximum light. Bedroom three has the benefit of an en-suite shower room WC and is positioned at the rear of the property. The luxuriously appointed family bathroom WC has marble style tops with an inset sink, low level WC and a panelled bath with shower attachment. In this room there is the airing cupboard with gas fired boiler which fires both the hot water and central heating system. Externally windows are single glazed with some secondary units but are in keeping with the fabric and age of the building.

Externally there are small but attractive courtyard gardens at the rear which are large enough to enjoy outside dining and seating during the warmer months. There is also an outside WC and a paved path which leads to the detached garage. The garage is much longer than a usual garage and has double opening doors which front a small carpark where parking can be available on a 12 month concessionary ticket through Cornwall Council.

Ring O Bells is located a few steps from Launceston town centre and the ancient castle. The immediate area is due to be redeveloped and improved.
   
The property is located ideally for the ancient former market town of Launceston which offers a wide range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 trunk road giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
Dining Room 15'4" (4.67m) max x 12' (3.66m) max.

Kitchen 14'11" x 10'7" (4.55m x 3.23m).

Lounge 15'4" (4.67m) max x 14' (4.27m) max.

Bedroom 1 17'8" (5.38m) max x 14'6" (4.42m) min.

Bedroom 2 16'2" (4.93m) max x 12'10" (3.91m) max.

Bedroom 3 10'11" max x 10'10" max (3.33m max x 3.3m max).

Bathroom/WC 9'2" x 6'10" (2.8m x 2.08m).


If you park at the Tower Street car park opposite the Methodist Church in the centre of Launceston and walk down the footpath adjacent to the job centre Ring O Bells, 24 Northgate Street will be identified on the right hand side marked with a Webbers For Sale board.

Listed by

Launceston

Webbers Property Services

Reference: 38226714

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

Floorplan

Floorplan

Price history

Event Date Price % change
Sold 25/05/2004 (21 years ago) £141,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 6 NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BD £86,500 19/12/2025 Other
Same street 6A NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BD £126,500 21/03/2023 Flat
6 TOWER STREET, LAUNCESTON, CORNWALL, PL15 8BQ £187,450 23/05/2022 Semi-detached
15 NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BB £125,000 04/04/2022 Semi-detached

Street average: £106,500 (2 sales)

Area average: £156,225 (2 sales)

Capital growth trend

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

5y growth -9%
10y growth 15.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: Semi-detached. As of February 2026.

1y (index) -1.6%
5y (index) 10.8%
10y (index) 38.8%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £902/mo
Realistic £1,002/mo
Optimistic £1,102/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop M&Co 0.1 miles
Shop Unknown 0.1 miles
Bus stop The Square 0.1 miles
Bus stop Westgate Street 0.2 miles
Train station Launceston 0.2 miles
Hospital Launceston Community Hospital 0.7 miles
Train station Newmills 2.0 miles
Hospital Tavistock Hospital 11.1 miles

Street-level crime

Category Count
Violence and sexual offences 43
Anti-social behaviour 10
Public order 9
Criminal damage and arson 7
Other theft 7
Shoplifting 4
Vehicle crime 4
Other crime 2
Burglary 1
Drugs 1
Robbery 1
Total incidents 89

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Windmill Hill Academy Primary 0.3 miles Good — 27 Feb 2012
St Josephs School Other 0.5 miles (No rating)
Launceston College Secondary 0.6 miles Good — 28 Jun 2023
St Stephens Community Academy Primary 0.7 miles Good — 15 Sep 2024
Launceston Primary School Primary 0.8 miles Good — 29 Feb 2024

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.52%
Max investor price (0.8%) £125,250
Target investor price (1%) £100,200
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).