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Downham Gardens, Tamerton Foliot, Plymouth, Devon, PL5

South West

£220,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
959 sqft

Description

Situated in a tranquil residential cul-de-sac within the sought-after village of Tamerton Foliot, this three-bedroom end terrace home presents a valuable opportunity for renovation and investment. While the property is currently in need of cosmetic updates, its solid structure and functional layout provide a strong foundation for modern enhancements. Entering through the hallway, you’ll find a staircase leading to the upper floor. The ground level features a separate fitted kitchen that boasts matching wall and base units, along with a breakfast bar that enhances the space's usability. The generously sized lounge/dining room is well-lit and includes patio doors that open to the rear garden, offering potential for outdoor living improvements. Upstairs, the home comprises three bedrooms, each with ample natural light, alongside a modern fitted shower room. There is also access to the loft area, which may offer further potential for conversion or storage solutions. Outside, the property benefits from low-maintenance gardens at both the front and rear, providing space for gardening or recreation. Additionally, there is side access and a single garage located at the rear of the property, accessible via a service lane—ideal for additional storage or parking. With no onward chain and located in an area known for its community spirit and local amenities, this property is ripe for transformation. Whether you're looking to create your dream home or seeking an investment opportunity in Tamerton Foliot, this residence holds considerable promise.

Investment Analysis

(PL5 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£229/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£22,000 - £55,000
10-25% of property value
Target Value
£245,739
10% above area average per sq ft
Potential ROI
-10.6%
After renovation
Monthly Sales
25
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (PL5)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 11.1%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on PL5 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

Downham Gardens, Tamerton Foliot, Plymouth, Devon, PL5
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