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Pearson Avenue, Plymouth, Devon, PL4 - Image 1
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Pearson Avenue, Plymouth, Devon, PL4

South West

£225,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1152 sqft

Description

This spacious period property, extending over 1152 sq. ft., offers a wealth of potential for both family living and investment opportunities. With four bedrooms, including a master suite with an en-suite shower room, the layout is well-suited for a variety of uses. The dual reception rooms and an expansive 17' kitchen/dining area provide flexible space for entertaining or comfortable daily living. The home retains charming period features that add character, while the enclosed southerly-facing garden invites outdoor enjoyment and potential landscaping improvements. Situated on a tranquil street near the bustling Mutley Plain and Plymouth City Centre, this property is ideally positioned for those considering rental options such as student housing (HMO) with the necessary approvals or simply enhancing it for family use with the possibility of creating an annexe in the lower ground floor. The local area boasts strong amenities and is richly steeped in maritime history and vibrant cultural scenes, making it a desirable location to invest in.

Investment Analysis

(PL4 area)

Above Market Value

This property is priced +0.2% above area average per sq ft

+0.2%
This Property
£195/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£246,914
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 9.5%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on PL4 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

Pearson Avenue, Plymouth, Devon, PL4
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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
£824
Based on a loan of £168,750 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.

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