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St. Pancras Avenue, Pennycross, Plymouth - Image 1
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St. Pancras Avenue, Pennycross, Plymouth

South West

£215,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1141 sqft

Description

Located in the desirable Pennycross neighborhood, this three-bedroom end-terrace home is ripe for renovation and presents a compelling opportunity for those looking to invest in their future. Positioned on a larger corner plot, the property boasts ample outdoor space, providing numerous possibilities for personalization and enhancement. Inside, the traditional layout offers a functional living room that flows into a spacious kitchen and an adjacent dining area, creating a central hub for everyday living. The rear sunroom adds versatility as an additional lounge or entertainment space, further expanding the home’s potential. Upstairs hosts three bedrooms, with one featuring a corner en-suite for added convenience. Complementing these is a family bathroom and a converted loft space that can serve various needs—be it a hobby room, home office, or potentially more expansive additional living spaces (subject to necessary permissions). While the home would benefit from modernization and updates throughout, it serves as an ideal blank canvas where creative vision can flourish. The generous corner plot not only allows for outdoor improvements but opens up opportunities for future extensions or landscaping projects (subject to planning permission), making it an exciting prospect for savvy investors or DIY enthusiasts. Pennycross is well-regarded among families and first-time buyers, offering a blend of local amenities, schools, and parks. With convenient access to major transportation routes and proximity to Plymouth's city center, this area continues to attract those seeking a harmonious mix of suburban tranquility and urban accessibility.

Investment Analysis

(PL2 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£188/sq ft
Area Average
£208/sq ft
Avg Rent (weekly)
£221
Avg Yield
5.7%

Renovation Potential

Est. Renovation Cost
£21,500 - £53,750
10-25% of property value
Target Value
£261,061
10% above area average per sq ft
Potential ROI
-2.9%
After renovation
Monthly Sales
20
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (PL2)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 5.3%
5 year growth: 24.9%
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

St. Pancras Avenue, Pennycross, Plymouth
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