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Larkham Lane, Plymouth PL7

South West

£250,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
775 sqft

Description

This semi-detached bungalow in Plympton features two spacious double bedrooms and presents an exciting project for those looking to invest in a property with significant renovation potential. The home is being offered with no onward chain, making it an attractive option for buyers eager to start their renovation journey without delay. While the interior requires a comprehensive update, this allows you to tailor the living spaces to your personal style. The location benefits from excellent public transport links and is close to local amenities as well as scenic walking routes, adding value to the investment. Gated access leads you to a generous private driveway capable of accommodating up to four vehicles, complemented by a charming front garden that sets a welcoming stage. Entering through the porch, you'll find a central hallway that conveniently connects all rooms. The large lounge at the front of the property is perfect for gatherings and family time while offering good natural light. A well-sized double bedroom adjoins it, with a master bedroom overlooking the rear garden featuring ample space for furnishings. A fresh shower room and a sizeable kitchen/diner complete the layout, both of which hold great promise for stylish renovations. A rear porch provides access to a manageable south-westerly facing garden that leads directly to the garage. This bungalow represents an excellent opportunity in Plympton’s desirable area, ideal for those ready to create their dream residence.

Investment Analysis

(PL7 area)

Above Market Value

This property is priced +7.0% above area average per sq ft

+7.0%
This Property
£323/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£257,114
10% above area average per sq ft
Potential ROI
-11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Larkham Lane, Plymouth 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
£885
Based on a loan of £187,500 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

-5.7% since listed
£250,000£15,000(-5.7%)
30/03/2026
Current price
£265,000Initial listing
01/12/2025

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