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Montague Terrace, Lee Moor, Plymouth PL7 - Image 1
Montague Terrace, Lee Moor, Plymouth PL7 - Image 2
Montague Terrace, Lee Moor, Plymouth PL7 - Image 3

Montague Terrace, Lee Moor, Plymouth PL7

South West

£120,000
Listed on 19/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is an intriguing chance to acquire approximately 2.1 acres of land located to the west of Montague Terrace, nestled in the desirable rural enclave of Lee Moor. The property offers a serene setting with a blend of open pasture and natural boundaries, ideal for various uses including smallholdings or equestrian activities. This spacious plot boasts direct access from the main road, ensuring convenience while maintaining a sense of seclusion and calm. The land's gentle topography presents an excellent canvas for future development opportunities, particularly as there are signs of nearby planning activities that may create favorable conditions for obtaining consents. Although no planning permission currently exists, the area's evolving nature suggests potential growth, making this location a promising investment prospect. Surrounded by stunning Devon countryside yet still close to essential amenities, this parcel of land represents a unique opportunity for those looking to invest in a developing area with significant upside potential. Early inquiries are encouraged as opportunities like this are rare.

Investment Analysis

(PL7 area)
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Montague Terrace, Lee Moor, 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
£425
Based on a loan of £90,000 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

This calculation uses non-residential (land/commercial) tax rates.

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