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Liftondown, Lifton, Devon - Image 1
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Liftondown, Lifton, Devon

South West

£385,000
Listed on 21/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1076 sqft

Description

This three-bedroom detached bungalow is located in the desirable hamlet of Liftondown, just moments away from the A30, making it an ideal choice for those seeking both a peaceful rural lifestyle and easy access to major transport routes. While the property is well-maintained and offers comfortable living spaces, it also presents significant renovation and investment potential for buyers with vision. A standout feature of this property is the substantial detached triple garage, previously known as Lifton Down Garage. This versatile structure includes two inspection pits, air compressors, air lines, two post car ramps, and an MOT testing bay with a rolling road. Such facilities open up numerous possibilities for conversion into an annexe for multi-generational living, a rental unit, or an extensive workshop—a characteristic that enhances its appeal for savvy investors. The bungalow itself embodies a welcoming atmosphere that can be easily customized to suit various lifestyles. Its generous plot provides ample outdoor space that not only affords privacy but also potential for further development or landscaping according to your preferences. Lifton is a vibrant community offering essential amenities such as a primary school, doctors’ surgery, local shops, a Post Office, petrol station, and diverse pubs and restaurants. For those who favor local produce, the village features an excellent farm shop alongside a quaint restaurant on its outskirts. Conveniently located near the A30 corridor allows for straightforward travel to Cornwall in one direction or Exeter and the M5 in the other direction. Additionally, surrounding towns like Launceston, Okehampton, and Tavistock are just a short drive away. With its combination of spacious living options and promising commercial prospects—whether through renovation or redevelopment—this property represents an exceptional opportunity in today’s market. It's worth considering how this unique offering could align with your future plans.

Investment Analysis

(PL16 area)

Above Market Value

This property is priced +23.9% above area average per sq ft

+23.9%
This Property
£358/sq ft
Area Average
£289/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£341,942
10% above area average per sq ft
Potential ROI
-17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL16)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on PL16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Liftondown, Lifton, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,410
Based on a loan of £288,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE