# 3 bedroom terraced house for sale (PL15 8BD)

## Property Details

| Key | Value |
|-----|-------|
| Address | PARADISE COTTAGE, 26, NORTHGATE STREET, LAUNCESTON, CORNWALL PL15 8BD |
| Price | £239,950 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Last sold | £228,000 Apr 2021 |

## Description

**** **** Bursting with charm this quirky and deceptive period Grade II listed Cottage, which we believe dates back to the 17th Century, still retains an abundance of period features which will appeal to a variety of buyers. Boasting 4 fireplaces, three of which house log burners, a 26'ft entrance hallway with original flagstone flooring, stripped floorboards and part stripped internal doors in some rooms, exposed beams and stonework. For the most discerning of purchasers from FIRST TIME or INVESTOR buyers, or even those looking for a BOLT HOLE or Airbnb HOLIDAY LET, this cottage must be viewed to be appreciated. 

The versatile accommodation briefly comprises an Entrance Hallway, Snug, Office, Sitting Room, Kitchen, Dining Area, Garden Room, 3 double Bedrooms and shower room on the first floor.  Combining olde worlde charm with modern day comforts such as high gloss Kitchen units with integral appliances and mains gas central heating via a combination boiler.

Outside, the low maintenance rear garden is arranged over four tiers and has a Mediterranean feel, enclosed by high walls offering some privacy with a wealth of mature flowering shrub borders. Attractive Courtyards to dine al fresco and enjoy views toward the Castle. There is an external Shower Room, which could be used as an addition to the ground floor reception rooms should these be used as occasional bedrooms. Permit parking is available to purchase within a short walk of the property. 

**LOCATION** **** The property occupies a convenient town centre location, ideal for those wishing to be within walking distance of all amenities, the town square is a short walk. The town shopping facilities include independent shops with a monthly butter market selling local crafts and produce, together with big names such as Marks & Spencer Food Hall, Tesco, Iceland, Argos and Pets at Home on the outskirts. 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. 

 

**THE** **ACCOMMODATION** **COMPRISES** **** (all measurements are approximate):-   

**** **** Slate pitched canopy storm porch with decorative half glazed front entrance door leading to: 

**ENTRANCE** **HALLWAY** **26' 10" x 3' 2" (8.18m x 0.97m) average measurements.** Turned stripped timber staircase leads to the first floor with timber panelling beside. Understairs storage cupboard with space and plumbing for a washing machine and built in shelving. Partially glazed door leads to the lower level Courtyard garden. Slate flagstone flooring. Timber panelling to dado level. Two radiators. Doors to:

 

**SNUG** **14' 8" x 8' 2" (4.47m x 2.49m)** Could be used as another bedroom. Multi-paned window to front. Full height feature stone fireplace with timber lintel over. Floor to ceiling corner cupboard with shelving. Radiator. 

**OFFICE** **14' 9" x 8' 1" (4.5m x 2.46m)** Could be used as another bedroom. Multi-paned bay window to front. Fireplace with granite surround housing a log burner on a slate hearth and timber lintel over. Built in storage cupboards. Television point. Radiator. 

**SITTING** **ROOM** **12' 3" x 11' 2" (3.73m x 3.4m) excluding chimney breast. ** Partially glazed timber door with windows to side and above, which leads to the lower tier rear courtyard. Multi-fuel stove on a slate hearth with timber lintel over and built-in storage cupboards to either side of chimney breast. Exposed wooden flooring. Radiator. TV and telephone points. Glazed door with obscured glazed window to side leading to: 

**KITCHEN** **7' 0" x 6' 8" (2.13m x 2.03m)** Window to side. A modern range of high-gloss base level units with worktop surfaces over and part tiling to walls.  Inset one and half  sink and drainer unit with mixer tap.  Inset Bosch mains gas hob with concealed extractor unit over. Eye level Bosch double electric oven. Integral fridge and freezer. Space and plumbing for dishwasher. Matching range of eye level units with underlighting. Opening to: 

**DINING** **AREA** **13' 0" x 8' 10" (3.96m x 2.69m)** Half glazed door and window to side leading to rear courtyard. Fireplace inset with log burner. Radiator. Slate and wooden open tread staircase with wooden hatch opens up to the: 

**GARDEN** **ROOM** **14' 1" x 9' 7" (4.29m x 2.92m)** Could be used as another bedroom. Triple aspect windows and full glazed double opening doors to the middle tier courtyard garden. Feature cast iron fireplace with slate hearth. Stripped timber flooring. Radiator. 

**** **** From the Entrance Hallway stairs lead to the:

 

**FIRST** **FLOOR** **LANDING** **** Skylight to rear. Hatch to loft. Exposed beams. Radiator. Stripped timber flooring. Doors to:

 

**BEDROOM** **1** **14' 6" x 12' 6" (4.42m x 3.81m)** Sash window to front with views to the Castle. Range of built-in wardrobes with shelving and hanging space. Radiator. Stripped timber flooring. 

**BEDROOM** **2** **14' 5" x 8' 0" (4.39m x 2.44m)** Sash window to front with views to the Castle. Stripped timber flooring. Radiator. 

**BEDROOM** **3** **12' 4" x 9' 4" overall  (3.76m x 2.84m)** Window and Velux window to rear. Built in cupboards to either side of chimney breast, one housing the mains gas central heating COMBINATION BOILER and slatted shelves. Roll top bath. Part vaulted exposed ceiling timbers. Radiator. 

**SHOWER** **ROOM** **** Part restricted ceiling height. Obscure window to rear. Shower cubicle with thermostatically controlled shower over. Vanity wash hand basin with mixer tap. Low level WC. Chrome heated rail. 

**OUTSIDE** **** The rear garden is arranged over four tiers, enclosed by high walls offering ease of maintenance with a wealth of flower and shrub borders with some seclusion and views to the Castle in certain spots. The lower private Courtyard can be accessed from the Kitchen/Dining room, Sitting Room and the far end of the Entrance Hallway which has a pitched slate canopy storm porch over. The second tier can also be accessed from the Garden Room. Outside lighting, water taps and door to:  

**EXTERNAL** **SHOWER** **ROOM** **** Obscured glazed window to front. Tiled shower cubicle with electric shower over. Wash hand basin with cold water tap. Low level WC.  Fully tiled walls and floor. Electric wall mounted heater. Extractor fan. 

**LOCAL** **AUTHORITY** **** Cornwall Council. 

**COUNCIL** **TAX** **** Band A 

**SERVICES** **** **** Mains gas, electricity, drainage and metered water. Broadband available. 

**DIRECTIONS** **** From our office walk down to the Church and continue towards the job centre. Take the steps to the left of this building and proceed down this path. After a short distance the property will be the last but one on the right. There is also ample permit parking within a short walk away. 

## Property Photos

- ![Main](/listings/photos/87727795/363085) - Main
- ![Kirchen/Diner](/listings/photos/87727795/363087) - Kirchen/Diner
- ![Sitting Room](/listings/photos/87727795/363093) - Sitting Room
- ![Lower Courtyard](/listings/photos/87727795/363097) - Lower Courtyard
- ![Snug](/listings/photos/87727795/363099) - Snug
- ![Bedroom 1](/listings/photos/87727795/363103) - Bedroom 1
- ![Garden Room ](/listings/photos/87727795/363107) - Garden Room 
- ![Dining Area](/listings/photos/87727795/363109) - Dining Area
- ![Lower Courtyard](/listings/photos/87727795/363112) - Lower Courtyard
- ![Bedroom 2](/listings/photos/87727795/363116) - Bedroom 2
- ![Office](/listings/photos/87727795/363119) - Office
- ![Upper Courtyard](/listings/photos/87727795/363122) - Upper Courtyard
- ![Bedroom 3](/listings/photos/87727795/363123) - Bedroom 3
- ![Entrance Hallway](/listings/photos/87727795/363126) - Entrance Hallway
- ![Dining Log Burner](/listings/photos/87727795/363129) - Dining Log Burner
- ![Castle View](/listings/photos/87727795/363132) - Castle View
- ![Garden Room](/listings/photos/87727795/363137) - Garden Room
- ![Kitchen](/listings/photos/87727795/363143) - Kitchen
- ![Office](/listings/photos/87727795/363145) - Office

## Floorplans

- ![Floorplan 1](/listings/photos/87727795/363149) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/87727795/363152) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| PARADISE COTTAGE, 26 NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BD | £228,000 | 28/04/2021 | 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] 6 NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BD | £86,500 | 19/12/2025 | Other |
| DOCKACRE COURT 1 DOCKACRE ROAD, LAUNCESTON, CORNWALL, PL15 8BW | £162,750 | 10/08/2023 | Terraced |
| [Same street] 6A NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BD | £126,500 | 21/03/2023 | Flat |
| TIME-WELLS HOUSE CASTLE DYKE, LAUNCESTON, CORNWALL, PL15 8AY | £200,000 | 17/11/2022 | Terraced |
| 26 ST THOMAS ROAD, LAUNCESTON, CORNWALL, PL15 8BX | £127,000 | 21/10/2022 | Terraced |
| 13 NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BB | £150,000 | 10/05/2022 | Terraced |
| 3 OTHO PLACE, LAUNCESTON, CORNWALL, PL15 8FN | £185,000 | 05/05/2022 | Terraced |
| 2 OTHO PLACE, LAUNCESTON, CORNWALL, PL15 8FN | £185,000 | 28/04/2022 | Terraced |
| 3 WOODA ROAD, LAUNCESTON, CORNWALL, PL15 8BJ | £168,000 | 14/04/2022 | Terraced |
| 5 OTHO PLACE, LAUNCESTON, CORNWALL, PL15 8FN | £185,000 | 28/02/2022 | Terraced |
| 4 OTHO PLACE, LAUNCESTON, CORNWALL, PL15 8FN | £185,000 | 23/02/2022 | Terraced |
| 25 NORTHGATE STREET, LAUNCESTON, CORNWALL, PL15 8BB | £168,000 | 04/02/2022 | Terraced |
| 9 ST THOMAS HILL, LAUNCESTON, CORNWALL, PL15 8BL | £230,000 | 08/10/2021 | Terraced |
| 6 OTHO PLACE, LAUNCESTON, CORNWALL, PL15 8FN | £315,000 | 04/10/2021 | Terraced |
| 13 ST THOMAS HILL, LAUNCESTON, CORNWALL, PL15 8BL | £160,000 | 31/08/2021 | Terraced |
| 36 ST THOMAS HILL, LAUNCESTON, CORNWALL, PL15 8BL | £215,000 | 30/06/2021 | Terraced |

**Street average:** £106,500 (2 sales)
**Area average:** £188,268 (14 sales)

## Price vs local average

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

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

## 1% Rule

- **Rent ratio:** 0.42% (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:** 35.2%
- **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)