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Willas Road, Lifton

South West

£250,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
958 sqft

Description

Located in the picturesque village of Lifton, this detached bungalow on Willas Road is an ideal candidate for those looking to invest in a renovation project. The property is in need of refurbishment, offering the new owner a unique opportunity to customize the living space according to their own preferences. Enjoying a no onward chain means the purchasing process can be straightforward and efficient. A notable feature of this property is its generous garden situated directly across from the bungalow. Currently a blank slate surrounded by mature trees, this expansive outdoor area is perfect for gardening enthusiasts ready to cultivate a beautiful retreat or vibrant garden space. Moreover, the bungalow benefits from installed solar panels, adding energy efficiency and potential savings on utility costs. This environmentally friendly feature enhances both the sustainability of the home and its overall market appeal. In conclusion, this property presents a rare investment opportunity within the desirable area of Lifton. With plenty of scope for personalization and improvement, it stands as an attractive option for anyone looking to create their dream home.

Investment Analysis

(PL16 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£261/sq ft
Area Average
£278/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£293,378
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Market Turnover
%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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