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Victoria Road, St Budeaux, Plymouth. - Image 1
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Victoria Road, St Budeaux, Plymouth.

South West

£100,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This mid-terrace property presents a substantial opportunity for renovation and investment, featuring four bedrooms and a layout that offers considerable potential. Located near the St Budeaux Shopping Parade, residents will benefit from convenient access to various local amenities and regular transport options leading into Plymouth city center. The ground floor comprises a sitting room, dining room, kitchen, and bathroom, while the first floor features four bedrooms alongside a shower room. Each space reflects the property's original character but is in need of refurbishment, providing an ideal blank canvas for those looking to personalize their living environment or enhance its appeal for future rental or resale. An enclosed rear courtyard provides some outdoor space and access to a rear service lane, which could be advantageous for both practicality and privacy. The property is equipped with double glazing and gas central heating, factors that may help streamline any future renovations. Given its location and size, this property holds significant investment potential. With thoughtful updates and improvements, there is the possibility to significantly increase its market value. Interested parties are encouraged to conduct their own assessments before proceeding with any bids. This freehold property will be sold via auction, with immediate contract exchanges following successful bids. Those interested can arrange viewings through Auction House South West.

Investment Analysis

(PL5 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£10,000 - £25,000
10-25% of property value
Monthly Sales
25
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (PL5)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 11.1%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on PL5 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

Victoria Road, St Budeaux, Plymouth.
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