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Southway Drive, Southway, Plymouth

South West

£169,950
Listed on 10/09/2025

Property Details

Bedrooms
2
Type
Terraced
Area
792 sqft

Description

This terraced home presents a valuable opportunity for renovation in a desirable South West location. The property, which comes with no onward chain, offers generous living space including a good-sized lounge featuring a bay window and a kitchen/dining room setup that invites transformation into a contemporary open-plan area. There are two sizable double bedrooms, alongside a bathroom equipped with modern fittings yet ripe for updating. With double glazing and central heating already in place, the fundamental infrastructure is sound, while the front and rear gardens provide scope for landscaping or other enhancements. This dwelling requires modernization throughout, making it an ideal project for investors or those seeking to create their dream home by adding personal touches and upgrades. Early viewing is highly recommended to appreciate the full potential this property holds.

Investment Analysis

(PL6 area)

Below Market Value

This property is priced -23.2% below area average per sq ft

-23.2%
Potential saving
This Property
£215/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£243,370
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (PL6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.2%
5 year growth: +22.3%
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

Southway Drive, Southway, Plymouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£602
Based on a loan of £127,462 over 30 years at 3.91% 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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