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Primrose Drive, PL28

South West

£190,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached bungalow presents a significant renovation opportunity, situated on a generous corner plot that allows for various development possibilities, pending appropriate planning approvals. The property is currently in need of comprehensive refurbishment, making it an appealing project for investors or buyers looking to create a custom living space. Inside, the layout features an open-plan living and dining area that could be reimagined to enhance functionality and flow. The kitchen, equipped with a range of base and wall units, boasts dual-aspect windows providing natural light, while offering direct access to the garage and rear garden. Three bedrooms offer ample accommodation space, although the bathroom is currently stripped of fixtures, presenting an opportunity for complete redesign. The exterior includes lawns at both the front and rear, with the rear garden providing a private outdoor space suitable for landscaping or potential extensions. Given its full residential status, this property holds promise as either a family residence or as a holiday home once renovations are complete. Located within a well-connected area, residents can benefit from local amenities and transport links. However, it's important to note that the property is not habitable at present; thus traditional mortgage options may be limited due to its current condition. Additionally, essential services such as heating and sanitary facilities are not yet installed. Investors seeking a project with great potential will find this bungalow worthy of consideration. It offers not just a blank slate but also the ability to create value through thoughtful updates and renovations in line with market demands. The low risk of surface water flooding further enhances its appeal as an investment opportunity.

Investment Analysis

(PL28 area)
Area Average
£551/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL28)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -20.5%
5 year growth: -19.1%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 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