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Laira Park Place, Plymouth, Devon, PL4 - Image 1
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Laira Park Place, Plymouth, Devon, PL4

South West

£180,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
496 sqft

Description

This two-bedroom bungalow is designed for single-level living, featuring a practical layout that allows for easy adaptation and renovation. The interior includes an appealing shower room and a kitchen that is well-equipped for everyday use. Adjacent to the kitchen, the dining room serves as a comfortable space ideal for both casual meals and gatherings. The principal bedroom is spacious, offering ample room for relaxation, while the second bedroom presents flexibility, making it suitable as a guest room, home office, or nursery. An additional outbuilding enhances the property’s usability, providing extra storage or workspace options that could be transformed further with some creativity. Located in a serene residential neighborhood, this property benefits from convenient access to local amenities and transport links. Its design and setting make it an excellent opportunity for both first-time buyers and seasoned investors looking for a property with renovation potential. With thoughtful updates, this bungalow could serve as an attractive long-term investment or serve the needs of those seeking a low-maintenance lifestyle in an appealing location.

Investment Analysis

(PL4 area)

Above Market Value

This property is priced +87.6% above area average per sq ft

+87.6%
This Property
£363/sq ft
Area Average
£193/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£18,000 - £45,000
10-25% of property value
Target Value
£105,519
10% above area average per sq ft
Potential ROI
-53.1%
After renovation
Monthly Sales
26
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (PL4)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 10.1%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on PL4 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

Laira Park Place, Plymouth, Devon, PL4
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