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Lydford Park Road, Peverell, PL3 4LQ - Image 1
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Lydford Park Road, Peverell, PL3 4LQ

South West

£200,000

Listed on 10/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
827 sqft

Description

This property is situated in Peverell, a well-regarded residential area that affords easy access to Plymouth's City Centre, Mutley Plain, and Central Park. The location boasts a variety of local amenities with excellent transport links, including buses and train services connecting directly to London and Birmingham. The vibrant shopping areas like Drake Circus and the Barcode Leisure Complex are within close reach, along with the scenic Barbican and Royal William Yard, which offer an array of dining options. Upon entering, you are welcomed by an entrance hall that branches off to both the lounge and dining room. The lounge features period details and a charming bay window, while the spacious dining room provides additional access to the kitchen. The kitchen is functional but would benefit from modernisation; it includes various wall-mounted units and space for appliances, alongside direct access to the rear garden. The bathroom, located adjacent to the kitchen, has basic fittings but shows signs of wear that could be updated for a more contemporary finish. Upstairs are two generously sized double bedrooms; the main bedroom spans the entire front of the property and includes fitted furniture. The second bedroom at the back also offers character with its own feature fireplace. While this home provides ample living space, it does require some refurbishment to unlock its full potential. Its south-facing rear garden is currently hard paved but offers room for landscaping or alternative uses. With no onward chain, this property presents an excellent opportunity for renovation-focused buyers looking to invest in a desirable location.

Investment analysis

(PL3 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£242/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£226,333
10% above area average per sq ft
Potential ROI
-1.6%
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
20%
Properties sold annually

Local Market Trend (PL3)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +7.0%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on PL3 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

Lydford Park Road, Peverell, PL3 4LQ
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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
£756
Based on a loan of £150,000 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

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