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Coleridge Avenue, Plymouth, Devon, PL6 5JP

South West

£250,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow is set on a generously sized level plot, conveniently located near the shops in Crownhill. The property offers ample space and functional layout, making it an intriguing opportunity for those looking to invest or renovate. Inside, the accommodation includes an entrance hallway that leads to a lounge and a dining room, both of which provide flexible living areas. The adjacent conservatory adds extra light and views of the garden. Two double bedrooms offer comfortable sleeping quarters, while the kitchen and shower room complete the main living spaces. The exterior features a small lawned garden at the front accompanied by parking for two vehicles. Side access leads to an enclosed rear garden with lawn and patio areas—ideal for outdoor activities or potential landscaping projects. There are also two garden sheds, providing additional storage solutions. This bungalow benefits from gas central heating and double glazing, contributing to its overall comfort. While some updating is needed, this presents a unique chance for buyers to tailor the home to their preferences. Situated close to various amenities, including shops and public transport links, this property not only provides immediate convenience but also indicates promising investment potential in a desirable neighborhood. With some renovations, it could become an attractive residence or rental property that appeals to future buyers or tenants alike.

Investment Analysis

(PL6 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£291
Avg Yield
5.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (PL6)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 0.8%
5 year growth: 26.1%
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

Coleridge Avenue, Plymouth, Devon, PL6 5JP
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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
£916
Based on a loan of £187,500 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