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

South West

£170,000
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 +75.9% above area average per sq ft

+75.9%
This Property
£343/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£106,310
10% above area average per sq ft
Potential ROI
-44.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 9.5%
5 year growth: 26.1%
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

Laira Park Place, Plymouth, Devon, PL4
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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
£623
Based on a loan of £127,500 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