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Lucas Lane, Plympton

South West

£260,000

Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
756 sqft

Description

This three-bedroom family home in the desirable area of Plympton offers a promising renovation opportunity, particularly appealing to investors or those looking to create a personalized living space. The property features a welcoming hallway leading to a bright reception room, which serves as an ideal gathering spot. A second versatile reception room could easily be adapted into a dining area, home office, or playroom, and has potential for an open-plan layout by joining with the kitchen. This configuration could also allow for rear extension possibilities, enhancing both living space and value. Upstairs, you'll find three bedrooms—two generous doubles and a single—along with a modern bathroom suite. The master bedroom includes fitted wardrobes and features picturesque views towards Hemerdon. The south-facing garden is another highlight, offering ample outdoor space that can be transformed into an inviting area for summer gatherings. Currently benefiting from on-street parking options, there exists potential to convert the front garden into additional parking spaces upon receiving the necessary planning permissions. Located conveniently near local amenities including Boringdon Primary School and transport links, this property stands as an excellent investment prospect for those eager to make improvements and add value.

Investment Analysis

(PL7 area)

Above Market Value

This property is priced +14.5% above area average per sq ft

+14.5%
This Property
£344/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£249,854
10% above area average per sq ft
Potential ROI
-15.3%
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
23%
Properties sold annually

Local Market Trend (PL7)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +4.6%
5 year growth: +16.1%
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

Lucas Lane, Plympton
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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
£982
Based on a loan of £195,000 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

Price History

-3.7% since listed
£260,000£10,000(-3.7%)
01/06/2026
Current price
£270,000Initial listing
02/04/2026

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