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Lopwell, Roborough, Plymouth, Devon, PL6

South West

£200,000
Listed on 28/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This former pump house, nestled in the picturesque Maristow Estate adjacent to Lopwell Dam and the River Tavy, presents a distinctive investment opportunity. Currently utilized as a café/restaurant, the building spans approximately 210 square meters and boasts stunning river views. Its versatile layout includes an expansive open function room with vaulted ceilings, a fitted kitchen, and additional areas suitable for various commercial applications or a potential transformation into an extraordinary waterside residence (subject to planning consent). The property features an old pump room that adds character and offers the chance for creative refurbishment. With mains water and electricity already connected, there is significant scope to enhance both its functionality and aesthetic appeal. Given its location within a popular nature reserve frequented by water sports enthusiasts and local residents alike, this site is well-positioned for future development. A thorough investigation into planning possibilities is encouraged for prospective buyers seeking to unlock the full potential of this unique property.

Investment Analysis

(PL6 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£264
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
79%
Properties sold annually

Local Market Trend (PL6)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -0.6%
5 year growth: +24.3%
Investment Disclaimer: Analysis based on PL6 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

Lopwell, Roborough, Plymouth, Devon, PL6
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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.

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