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Castle Lane, Liskeard, PL14

South West

£140,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
538 sqft

Description

This charming two-bedroom cottage is nestled in a serene setting just a short stroll from the heart of Liskeard, presenting an excellent renovation and investment opportunity. The property, which comes without the complication of an onward chain, allows for a straightforward transaction, making it ideal for buyers looking to add their personal touch. Inside, you will find a welcoming entrance porch leading into an open-plan kitchen and lounge area, providing a versatile space that can be tailored to meet modern living standards. A convenient ground-floor bathroom caters to daily needs, while the upper level accommodates two generously sized double bedrooms that offer ample room for comfort or potential reconfiguration. Though currently equipped with gas central heating and double glazing, there remains significant scope for further enhancements. The outdoor space is particularly noteworthy. The enclosed rear garden stands as a blank canvas ready for transformation; whether you envision a low-maintenance oasis, a vibrant garden retreat, or an outdoor entertainment area, the potential here is substantial. This space invites creative ideas and could significantly increase the property’s appeal and value. Situated conveniently close to Liskeard town center, residents benefit from easy access to various shopping options, recreational facilities, and supermarkets. Commuters will appreciate the nearby transport links including the A38 for road travel and a mainline railway station that connects London Paddington with Penzance. For those who enjoy outdoor activities, Bodmin Moor and Siblyback Lake are within six miles, offering extensive opportunities for exploration and leisure. Overall, this property represents not just a place to live but also an opportunity for those looking to invest in real estate with significant potential for growth through renovation and personal enhancement.

Investment Analysis

(PL14 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£260/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£14,000 - £35,000
10-25% of property value
Target Value
£157,360
10% above area average per sq ft
Potential ROI
-10.1%
After renovation
Monthly Sales
17
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PL14)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 2.4%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on PL14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Castle Lane, Liskeard, PL14
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