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Colebrook Road, Plymouth

South West

£150,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
510 sqft

Description

This two-bedroom semi-detached home offers a promising canvas for renovation and investment in the desirable St Budeaux area of Plymouth. The layout includes a comfortable lounge that welcomes natural light, creating a cozy atmosphere ideal for relaxation. The kitchen features practical wall and base units, plumbing for a washing machine, and ample space for a small dining table, making it a functional hub that could benefit from modern updates. The property also boasts generous storage solutions, including an understairs cupboard, which enhances practicality. Outside, the south-facing rear garden is designed with tiered levels and a patio area suitable for outdoor activities or entertaining. This space not only provides potential for landscaping enhancements but also holds possibilities for extension (subject to planning permission), allowing you to expand the living space as desired. Situated in St Budeaux, this home enjoys excellent transport links with easy access to the A38, ensuring smooth commutes to Plymouth city center and surrounding areas. The neighborhood offers an array of local amenities including shops, parks, and reputable schools such as St Budeaux CofE Primary Academy—making it an attractive option for families. Inside, the staircase leads to a landing that connects to two bedrooms and the bathroom. The bedrooms are well-sized with built-in storage options and windows that provide views of both the front and rear aspects. The bathroom features essential fittings including an electric shower over the bath, presenting further opportunities for updates. With its solid foundation and inviting location, this property presents significant potential for those looking to personalize their living space or capitalize on investment opportunities in a thriving community.

Investment Analysis

(PL5 area)

Above Market Value

This property is priced +26.7% above area average per sq ft

+26.7%
This Property
£294/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£130,236
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (PL5)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 7.4%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on PL5 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

Colebrook Road, 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
£549
Based on a loan of £112,500 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