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Ashery Drive, Plymouth, Devon

South West

£245,000
Listed on 27/02/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1018 sqft

Description

This three-bedroom end-terrace home presents a promising opportunity for renovation and investment in a desirable residential area. The property features a practical layout with two spacious reception rooms on the ground floor, which can be reimagined to suit modern living or entertaining needs. A convenient WC completes this level, while the upper floor hosts three generously sized bedrooms and a family bathroom, providing ample space for occupants. The enclosed rear garden adds value to the property, offering a private outdoor area that can be enhanced through landscaping or patio development. Although the home is currently in need of updating, this provides an ideal blank canvas for those looking to customize their living space or enhance its rental potential. Located in a sought-after neighborhood, this house is well-positioned for access to local amenities and public transport links, making it appealing to both families and professionals. Given the potential for improvement and investment, along with no onward chain, this property is an attractive proposition for those willing to invest time into renovations.

Investment Analysis

(PL9 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£241/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£339,803
10% above area average per sq ft
Potential ROI
+19.2%
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
19%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 6.7%
5 year growth: 16.2%
Investment Disclaimer: Analysis based on PL9 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

Ashery Drive, Plymouth, Devon
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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
£897
Based on a loan of £183,750 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