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Willas Road, Lifton PL16

South West

£250,000
Listed on 15/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
958 sqft

Description

Located in the quaint village of Lifton, this detached bungalow offers a significant renovation opportunity for buyers looking to customize their living space. The interiors are ready for a refreshing update, allowing you to design the layout and decor according to your preferences. With no onward chain, the acquisition process promises to be straightforward.<br><br>The property features a generous garden area directly across from the bungalow, currently a blank canvas of grass framed by established trees. This outdoor space is ideal for those with gardening aspirations or anyone wanting to create a personal outdoor retreat.<br><br>Moreover, solar panels are installed, promoting energy efficiency and potentially lowering utility expenses—an appealing aspect for both sustainability-minded individuals and future valuations.<br><br>In summary, this bungalow represents an attractive proposition for investors or homeowners eager to add their own touch while benefiting from its prime location in Lifton.

Investment Analysis

(PL16 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£261/sq ft
Area Average
£289/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£304,443
10% above area average per sq ft
Potential ROI
+5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL16)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on PL16 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

Willas Road, Lifton PL16
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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
£916
Based on a loan of £187,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE