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Willas Road, Lifton

South West

£250,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
958 sqft

Description

Located in the picturesque village of Lifton, this detached bungalow on Willas Road offers a promising opportunity for those looking to invest in a renovation project. The property requires refurbishment, enabling prospective buyers to create a living space that reflects their personal style and preferences. The absence of an onward chain simplifies the buying process, making it easier for you to take the next steps in transforming this home. One of the standout features is the spacious garden directly across from the bungalow, which currently serves as a blank canvas. This expansive area, surrounded by mature trees, invites creativity and imagination—ideal for anyone with a passion for gardening or landscape design. Whether you envision establishing vibrant flowerbeds or a serene outdoor retreat, this garden has the potential to become a true extension of your living space. The bungalow is equipped with solar panels, enhancing energy efficiency and potentially lowering your utility costs. This sustainable feature adds both long-term value and appeal to the property, further solidifying its status as an excellent investment opportunity. Inside, the layout includes two bedrooms, a bathroom, and living areas that can be reconfigured according to your vision. The main living room features a bay window that fills the space with natural light, while the kitchen and dining area offer direct access to the rear garden. Additional practicalities include an integral garage and utility room, providing ample storage options. The front of the property boasts a driveway leading to the garage alongside landscaped areas that enhance curb appeal. With several local amenities within easy reach and transport links connecting you to surrounding areas, this location also benefits those looking for convenience alongside tranquility. In conclusion, this bungalow presents not only immediate potential for personalization but also long-term investment prospects in a sought-after area. It’s an ideal choice for buyers eager to infuse their own style into their new home while capitalizing on Lifton's appealing rural lifestyle.

Investment Analysis

(PL16 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£261/sq ft
Area Average
£289/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£304,443
10% above area average per sq ft
Potential ROI
+3.2%
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

Willas Road, Lifton
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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
£916
Based on a loan of £187,500 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.

Next Steps

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