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Park Road, Lifton, PL16 0BL

South West

£215,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
657 sqft

Description

Nestled on a tranquil side street, this charming cottage exudes character and offers significant renovation potential. With its enchanting garden backing onto the serene St Marys Churchyard, the property presents an inviting atmosphere from the moment you step inside. The living room features exposed beams and an inglenook fireplace with a log burner, creating a warm focal point. Ample space allows for versatile arrangements, whether you envision adding a dining area, workspace, or even a piano. The kitchen, located at the rear of the home, provides abundant natural light and views of the picturesque garden. While it would benefit from modernization, it offers a solid foundation for creativity in design. Adjacent to the kitchen is a modern shower room equipped with a double shower. Upstairs are two spacious double bedrooms that hold great potential for personalization. Outside, the front garden complements the cottage's charm with room for flowerbeds or potted plants and includes a paved area ideal for enjoying quiet moments outdoors. There is also potential for additional storage solutions such as a small bike shed. The rear garden is thoughtfully arranged with rustic patios that invite relaxation amidst well-tended flower beds. Pathways meander through this delightful space, offering sensory experiences filled with color and fragrance. A stone shed at the end of the garden adds practicality to this outdoor retreat. Situated in Lifton, a desirable village along the Devon/Cornwall border, this property benefits from convenient access to local amenities including a primary school, doctors' surgery, post office, general store, and two established pubs. Additionally, Strawberry Fields Farm Shop and Restaurant is just a short stroll away. The nearby towns of Launceston, Okehampton, and Tavistock are easily reachable, while major transport routes such as the A30 provide quick access to Plymouth and Exeter within approximately 45 minutes. With its captivating features and prime location, this cottage not only serves as an inviting home but also presents an exciting opportunity for investment through thoughtful renovations and enhancements.

Investment Analysis

(PL16 area)

Above Market Value

This property is priced +13.3% above area average per sq ft

+13.3%
This Property
£327/sq ft
Area Average
£289/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£208,788
10% above area average per sq ft
Potential ROI
-14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL16)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on PL16 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

Park Road, Lifton, PL16 0BL
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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
£788
Based on a loan of £161,250 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