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Lucas Lane, Plymouth, Devon, PL7

South West

£150,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
823 sqft

Description

This period semi-detached house presents a promising opportunity for those looking to invest in a property with considerable renovation potential. Located in a sought-after area of the South West, the home features spacious accommodation that includes an entrance hall, a generous living room, and a dining room complete with patio doors leading to the garden. The layout also includes a kitchen, three bedrooms, and a bathroom. With modernization needed throughout, this property allows for personal touches and upgrades. The front garden offers the possibility of off-street parking, pending necessary planning approvals. This is an ideal project for buyers seeking to create their dream home or enhance its value through strategic renovations.

Investment Analysis

(PL7 area)

Below Market Value

This property is priced -39.6% below area average per sq ft

-39.6%
Potential saving
This Property
£182/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£273,038
10% above area average per sq ft
Potential ROI
+43.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (PL7)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +2.5%
5 year growth: +16.4%
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, Plymouth, Devon, PL7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£531
Based on a loan of £112,500 over 30 years at 3.91% 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

-16.7% since listed
£150,000£30,000(-16.7%)
27/04/2026
Current price
£180,000Initial listing
25/04/2026

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