# 3 bedroom semi-detached house for sale (PL15 8BD) ## Property Details | Key | Value | |-----|-------| | Address | 24 NORTHGATE STREET, LAUNCESTON, LAUNCESTON, CORNWALL PL15 8BD | | Price | £192,500 | | Bedrooms | 3 | | Last sold | £141,000 May 2004 | ## 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. ## Property Photos - ![Picture No.01](/listings/photos/38226714/362990) - Picture No.01 - ![Picture No.02](/listings/photos/38226714/362991) - Picture No.02 - ![Picture No.03](/listings/photos/38226714/362992) - Picture No.03 - ![Picture No.04](/listings/photos/38226714/362993) - Picture No.04 - ![Picture No.05](/listings/photos/38226714/362994) - Picture No.05 - ![Picture No.06](/listings/photos/38226714/363000) - Picture No.06 - ![Picture No.07](/listings/photos/38226714/363007) - Picture No.07 - ![Picture No.08](/listings/photos/38226714/363009) - Picture No.08 - ![Picture No.09](/listings/photos/38226714/363013) - Picture No.09 ## Floorplans - ![Floorplan](/listings/photos/38226714/363019) - Floorplan - ![Floorplan](/listings/photos/38226714/363023) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 24 NORTHGATE STREET, LAUNCESTON, NORTH CORNWALL, CORNWALL, PL15 8BD | £141,000 | 25/05/2004 | Semi-detached | ## 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] 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £221,086 (14 Semi-detached, PL15, 2024–2026) - **Deviation:** -12.9% ## 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 ## 1% Rule - **Rent ratio:** 0.52% (weak for cashflow) - **Max investor price (0.8%):** £125,250 - **Target investor price (1%):** £100,200 *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 Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -7.4% - **10y growth:** 67.2% ## House Price Index (HM Land Registry) *Official index for Cornwall; Semi-detached series; as of March 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 11.7% - **10y growth (index):** 37.1% ## 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)