2 bed property

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2 bed property

Church Street, Launceston, Cornwall PL15
£180,000

Price History

Initial price £195,000
11/09/25 £180,000
Price Change -7.69%

Description

This Grade II-listed property in Launceston's historic center offers a rare opportunity to acquire a fully-let freehold building with immediate income and long-term potential. The mid-19th century façade features a charming stucco finish, period sash windows, and an attractive shop front. The ground floor is currently let as a commercial unit, while the first and second floors are self-contained residential flats. The property generates a gross annual income of approximately £18,600, representing a healthy yield for investors. With its central location, excellent footfall, and visibility, this is a low-maintenance investment with proven returns. The town of Launceston offers a range of amenities, including traditional shops, cafes, and restaurants, as well as easy access to the surrounding countryside and the city of Exeter.