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Downhorne Park, Plymstock, Plymouth - Image 1
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Downhorne Park, Plymstock, Plymouth

South West

£500,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1163 sqft

Description

This detached family home presents a noteworthy opportunity for both renovation enthusiasts and investors in the desirable Plymstock area. Set within a private enclave of only three homes, this four-bedroom property offers a tranquil setting while still being conveniently close to essential local amenities, schools, and transport options. The layout of the home is well-proportioned, comprising a spacious ground floor that includes a generous lounge, a separate dining room, a kitchen breakfast room, two bedrooms, a shower room, and an additional WC. The first floor features two sizable double bedrooms and a bathroom. While the home boasts solid foundations and ample space, it is ready for modernization—allowing new owners to infuse their personal touch and transform it into their ideal living space. Externally, the property benefits from a private driveway that accommodates off-street parking and leads to a garage equipped with light and power. The rear garden is enclosed and features established landscaping with lawns, shrubs, and trees—providing an inviting outdoor space that can be further enhanced or redesigned according to personal preferences. This location not only provides peace and privacy but also easy access to the Broadway Shopping Centre, healthcare facilities, recreational activities such as the Mount Batten Water Sports Centre and Staddon Heights Golf Course. Outdoor enthusiasts will appreciate proximity to scenic countryside walks along the South West Coastal Path. With its combination of potential for renovation and favorable location near Plymouth City Centre and beyond, this property represents a compelling investment opportunity in an increasingly sought-after area.

Investment Analysis

(PL9 area)

Above Market Value

This property is priced +41.7% above area average per sq ft

+41.7%
This Property
£430/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
£388,204
10% above area average per sq ft
Potential ROI
-28.1%
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

Downhorne Park, Plymstock, 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
£1,832
Based on a loan of £375,000 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