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Clarence Place, Plymouth, PL2

South West

£130,000
Listed on 23/09/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This spacious 4-bedroom terraced property presents an excellent opportunity for renovation and investment, situated in the sought-after residential area of Devonport. With some refurbishment, this home could be transformed into a comfortable living space while also offering potential for long-term value appreciation. The property features a driveway capable of accommodating two vehicles, providing convenient off-street parking. Access is via a conservatory that leads into a welcoming hallway. To the left, you'll find a generously sized reception room that benefits from abundant natural light and offers access to the conservatory. There’s considerable potential to enhance the existing fireplace, adding character and warmth to the room. A second reception area is similarly spacious, featuring its own fireplace and direct access to a courtyard garden. The outdoor space is accessible through a back gate leading to an alleyway; this area enjoys plenty of sunlight and could be revitalized into an inviting garden retreat with some care and attention. Inside, the kitchen provides ample countertop space along with an integrated oven and induction hob, all set against neutral décor. Adjacent to the kitchen are a downstairs shower room and a separate WC, both enhancing convenience for residents and guests alike. Upstairs accommodates three large double bedrooms, each boasting high ceilings and natural light. The master bedroom has great potential as it features an original fireplace that could serve as a striking focal point. The alcoves on either side offer possibilities for creative storage solutions. The second bedroom comes equipped with built-in shelving and views overlooking the courtyard, while the third bedroom may serve well as a guest room or home office. An additional staircase leads to the attic room, which is notably spacious thanks to its large roof window. This versatile space could function as a fourth bedroom or a cozy second living area, further increasing the property's appeal. With gas central heating throughout, this property not only has immediate livability but also immense potential for updates that would enhance its functionality and aesthetic appeal. This presents an ideal canvas for those looking to invest in their future through strategic renovations in one of Devonport's desirable locales. An EPC rating of D reflects reasonable energy performance but suggests opportunities for improvement through modern upgrades.

Investment Analysis

(PL2 area)
Area Average
£207/sq ft
Avg Rent (weekly)
£224
Avg Yield
5.8%

Renovation Potential

Est. Renovation Cost
£13,000 - £32,500
10-25% of property value
Monthly Sales
30
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (PL2)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 6.6%
5 year growth: 23.7%
Investment Disclaimer: Analysis based on PL2 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

Clarence Place, Plymouth, PL2
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