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Edgar Terrace, Plymouth, Devon - Image 1
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Edgar Terrace, Plymouth, Devon

South West

£150,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
484 sqft

Description

This three-bedroom terraced house presents an excellent opportunity for those looking to invest or undertake a renovation project. Nestled in a location that boasts easy access to local shops and public transportation, this property offers both convenience and potential. In its current state, the house requires modernization, providing a blank canvas for buyers with a vision to create a personalized space. The layout accommodates the possibility of reconfiguring rooms to enhance functionality or aesthetic appeal. The surrounding neighborhood is well-serviced by amenities, making it an attractive option for families or renters once updated. With the right improvements, this property could see significant value appreciation, representing a sound investment in today’s market. Whether you're looking to make it your own home or seeking a project with strong rental potential, this property invites you to explore its possibilities.

Investment Analysis

(PL4 area)

Above Market Value

This property is priced +60.2% above area average per sq ft

+60.2%
This Property
£310/sq ft
Area Average
£193/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Target Value
£102,966
10% above area average per sq ft
Potential ROI
-45.1%
After renovation
Monthly Sales
26
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (PL4)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 10.1%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on PL4 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

Edgar Terrace, Plymouth, Devon
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