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Roborough Close, Derriford, Plymouth

South West

£375,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1130 sqft

Description

This three/four bedroom detached property presents a valuable opportunity for investors or those looking to create their dream home through renovation. Although it requires modernization, the expansive layout and original features offer considerable potential. On the ground floor, you'll find a welcoming entrance hall that leads to a spacious lounge/diner with charming parquet flooring, which is also believed to be underfoot in other areas, ideal for restoration. The well-sized kitchen provides a functional space awaiting your personal touch, along with a versatile study or fourth bedroom that enhances the property's adaptability. Upstairs comprises three generously sized bedrooms and a shower room. The exterior features a gravelled driveway with ample parking leading to a garage, complemented by a secluded rear garden that includes mature shrubs and patio space—perfect for outdoor relaxation. With PVCu double glazing and gas central heating already installed, this home is ready for its next chapter with no onward chain. Located in Derriford, an area known for its accessibility to local amenities and transport links, the potential here is significant for those willing to invest in modernization.

Investment Analysis

(PL6 area)

Above Market Value

This property is priced +19.7% above area average per sq ft

+19.7%
This Property
£332/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£291
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£344,497
10% above area average per sq ft
Potential ROI
-17.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (PL6)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 0.8%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on PL6 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

Roborough Close, Derriford, Plymouth
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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
£1,374
Based on a loan of £281,250 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