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Primrose Drive, PL28

South West

£190,000

Listed on 26/09/2025

Property details

Bedrooms
3
Type
Semi Detached
Area
1023 sqft

Description

This semi-detached bungalow presents a significant renovation opportunity for investors or buyers looking to create their ideal home. Situated on a generous corner plot, the property offers ample space for development, potentially allowing for expansion subject to obtaining the necessary planning permission and building regulations. Currently, the layout includes a spacious living room that flows into the dining area, alongside a large dual-aspect kitchen featuring access to both the garage and rear garden. The property includes three bedrooms and a bathroom that currently lacks sanitary ware, providing a blank canvas for refurbishment. While it is not currently habitable and does not meet traditional mortgage criteria, its full residential status means it could serve as either a family residence or a holiday home once renovated. The front garden is laid to lawn and extends to the side of the property, while the enclosed rear garden also features a lawn area. This property represents an exciting project for those willing to invest time and resources into substantial upgrades.

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Investment analysis

(PL28 area)

Below Market Value

This property is priced -64.2% below area average per sq ft

-64.2%
Potential saving
This Property
£186/sq ft
Area Average
£519/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£584,481
10% above area average per sq ft
Potential ROI
+116.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (PL28)

Area prices are falling by -15.0% over the last 12 months
3 year growth: -33.2%
5 year growth: -11.5%
Investment Disclaimer: Analysis based on PL28 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

Primrose Drive, PL28
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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