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Larkham Lane, Plymouth

South West

£265,000
Listed on 04/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
775 sqft

Description

This semi-detached bungalow features two double bedrooms and is situated in the desirable area of Plympton. The property is being offered with no onward chain, making it an appealing option for buyers looking for a quick and uncomplicated transition into their new home. While the interior requires comprehensive updating, this presents a unique opportunity for those interested in renovation and personalizing the space to their taste. The layout allows for a variety of enhancement possibilities, from modernizing the kitchen to renovating the living areas. Upon arrival, you are greeted by gated access leading to a spacious driveway capable of accommodating up to four vehicles. The front garden is level and well-maintained, providing a pleasant introduction to the property. A central hallway connects all rooms, maximizing flow throughout the home. The lounge, located at the front of the house, offers generous space suitable for both relaxation and entertaining. Adjacent is a well-sized double bedroom. The master bedroom overlooks the tranquil rear garden and provides ample room for furnishings. A compact shower room services these sleeping quarters, while the sizeable kitchen/diner holds significant potential for upgrades that could greatly enhance functionality and style. Accessed via a rear porch, the low-maintenance garden faces south-west, ensuring plenty of sunlight throughout the day and conveniently leads to a garage—an essential feature for additional storage or potential workshop space. This bungalow's location in Plympton not only offers easy access to public transport but also nearby amenities and scenic walking routes, adding value to any investment made here. Overall, this property stands as an excellent canvas for someone looking to craft their ideal home or capitalize on its market potential through thoughtful renovations.

Investment Analysis

(PL7 area)

Above Market Value

This property is priced +13.7% above area average per sq ft

+13.7%
This Property
£342/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£261
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£256,475
10% above area average per sq ft
Potential ROI
-15.9%
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
38%
Properties sold annually

Local Market Trend (PL7)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 4.1%
5 year growth: 19.9%
Investment Disclaimer: Analysis based on PL7 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

Larkham Lane, Plymouth
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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
£971
Based on a loan of £198,750 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