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Tollox Place, Laira, Plymouth - Image 1
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Tollox Place, Laira, Plymouth

South West

£160,000
Listed on 14/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom residence is situated in a quiet cul-de-sac within the Laira area, offering an inviting opportunity for renovation and investment. While the property would benefit from some updating and modernization, it features a classic layout that includes an entrance hall leading to various living spaces, including a lounge, dining room, kitchen, bathroom, and three well-sized bedrooms. The ground floor begins with a welcoming entrance hall that opens into a cozy lounge featuring a coal effect gas fire and a window overlooking the front yard. The adjoining dining room offers additional space for entertaining or family gatherings and has convenient under-stairs storage. The kitchen is functional with a range of base and eye-level units, plumbing for essential appliances, and access to the rear courtyard. Upstairs, the property encompasses three bedrooms. The first bedroom is generously proportioned and benefits from a window looking out onto the rear garden. The second bedroom features built-in storage, while the third bedroom maintains its charm with natural light flooding in through its window. The bathroom on the ground floor provides essential amenities but holds potential for updates to enhance comfort. Outside, the rear courtyard presents possibilities not only for outdoor enjoyment but also for parking; the rear wall has been partially removed to accommodate this feature. Double glazing throughout and gas central heating adds practicality to this older-style home. Given its location near local amenities and transport links, along with its investment potential through renovation, this property represents an intriguing project for those looking to make their mark in Laira.

Investment Analysis

(PL3 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (PL3)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 7.2%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on PL3 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

Tollox Place, Laira, Plymouth
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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
£586
Based on a loan of £120,000 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.

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