Worst House on the Street Logo
Erlstoke Close, Plymouth - Image 1
Erlstoke Close, Plymouth - Image 2
Erlstoke Close, Plymouth - Image 3
Erlstoke Close, Plymouth - Image 4
Erlstoke Close, Plymouth - Image 5

Erlstoke Close, Plymouth

South West

£200,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
933 sqft

Description

This spacious split-level property offers a unique opportunity for renovation and investment in a desirable cul-de-sac location. While it currently requires modernization, the home features four bedrooms and a well-designed layout that can be adapted to suit various family needs. Entering the ground floor, you are greeted by an entrance hall that leads to a sizable lounge, which benefits from dual aspect windows, providing plenty of natural light. This space could be transformed into a contemporary gathering area or remain a cozy family room. Additionally, there is a fourth bedroom on this level, which could easily serve as a home office or guest room. Venturing upstairs, the first floor accommodates three more bedrooms—two generous doubles and one single—along with a functional bathroom equipped with essential amenities. Each bedroom features double-glazing to ensure comfort throughout the seasons. The built-in airing cupboard provides extra storage space and access to the loft for further potential expansion. The lower ground floor is particularly noteworthy, featuring a dedicated dining room seamlessly connected to the kitchen. This area could benefit from an update to create an open-plan living space tailored for modern lifestyles. A separate utility lobby adds convenience and connects directly to the private backyard. Outside, the property boasts a good-sized rear garden largely laid to lawn and bordered by tranquil woodland, offering potential for landscaping or outdoor entertainment areas. A private driveway leads up to the garage and includes additional parking options, enhancing overall accessibility. With its strategic location in a popular community and ample space for renovation, this home holds significant potential as both a family residence and an investment opportunity. Early viewing is recommended to fully appreciate the possibilities this property has to offer.

Investment Analysis

(PL6 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£214/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Target Value
£293,060
10% above area average per sq ft
Potential ROI
+17.2%
After renovation
Monthly Sales
31
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (PL6)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 2.4%
5 year growth: 25.5%
Investment Disclaimer: Analysis based on PL6 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

Erlstoke Close, Plymouth
Map showing location of Erlstoke Close, Plymouth
Open Map