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Castle Lane, Liskeard PL14

South West

£155,000
Listed on 29/07/2025

Property Details

Bedrooms
2
Type
Detached house
Area
538 sqft

Description

Nestled in a serene corner just a short walk from Liskeard town centre, this two-bedroom cottage presents an excellent prospect for renovation or investment. The property is offered with no onward chain, simplifying the acquisition process for prospective buyers eager to put their own stamp on it. The layout includes an entrance porch leading to an open-plan kitchen and lounge area, along with a ground-floor bathroom for ease of access. Upstairs, two generously-sized double bedrooms provide ample space for comfortable living. Additional features such as gas central heating and double glazing enhance the property's appeal while offering a solid foundation for any updates or improvements. The enclosed rear garden stands as a blank canvas, inviting new owners to reimagine the outdoor space according to their vision—whether it's transforming it into a low-maintenance courtyard, creating a vibrant garden filled with flowers, or setting up an inviting area for outdoor gatherings. With its potential for personal expression and outdoor enjoyment, this garden offers significant opportunities for enhancement. Located conveniently close to Liskeard's array of retail amenities and recreational facilities, this property benefits from easy access to essential services including supermarkets and leisure centres. Transport links are robust, with the A38 providing connectivity between Plymouth and Cornwall, alongside mainline railway services facilitating travel from London Paddington to Penzance. For those who appreciate nature, Bodmin Moor and Siblyback Lake are within six miles, offering abundant options for outdoor activities. This property is connected to mains gas, electricity, water, and drainage services. With Council Tax Band A designation and freehold tenure status, it combines affordability with investment potential. This cottage not only represents a home but also an opportunity waiting to be realized through thoughtful renovations in a desirable location.

Investment Analysis

(PL14 area)

Above Market Value

This property is priced +6.9% above area average per sq ft

+6.9%
This Property
£288/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£15,500 - £38,750
10-25% of property value
Target Value
£159,549
10% above area average per sq ft
Potential ROI
-17.7%
After renovation
Monthly Sales
21
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PL14)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 3.8%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on PL14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Castle Lane, Liskeard PL14
Map showing location of Castle Lane, Liskeard PL14
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