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Lipson Road, Lipson, Plymouth - Image 1
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Lipson Road, Lipson, Plymouth

South West

£260,000
Listed on 04/09/2025

Property Details

Bedrooms
6
Type
Semi-detached house

Description

This expansive period residence presents an excellent opportunity for renovation, situated in a desirable central location. Spanning three floors, the property currently serves as an investment dwelling but holds significant potential for transformation into a spacious family home or continuing its use for rental purposes. The versatile layout includes a generous bay fronted lounge, separate dining and breakfast rooms, kitchen, six well-proportioned bedrooms, and multiple shower facilities. Key features include majority double glazing and gas central heating, alongside charming views of nearby parkland and Plymouth Sound. The rear courtyard offers outdoor space that could be enhanced to create a more inviting area. The home is offered with no onward chain, making it an ideal candidate for investors or buyers looking to add value through modernization.

Investment Analysis

(PL4 area)
Area Average
£196/sq ft
Avg Rent (weekly)
£166
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £65,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +7.9%
5 year growth: +24.3%
Investment Disclaimer: Analysis based on PL4 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

Lipson Road, Lipson, Plymouth
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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
£938
Based on a loan of £195,000 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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