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Maida Vale Terrace, Mutley, Plymouth - Image 1
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Maida Vale Terrace, Mutley, Plymouth

South West

£180,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1112 sqft

Description

This two-bedroom terraced home is situated in the desirable Mutley area, known for its close proximity to the City Centre and Plymouth University. The property has been in the same family for over 70 years, offering a unique opportunity for buyers interested in a residence with both historical significance and renovation potential. Upon entering, you are greeted by an entrance hall that opens into a spacious lounge featuring a classic bay window, which allows natural light to fill the space. The lounge flows into a dining area, creating an inviting environment suitable for gatherings. At the rear of the property, the kitchen provides a functional layout that presents opportunities for modernization, allowing future owners to customize it according to their preferences. The upper level comprises two generously sized double bedrooms and a shower room. Additionally, there is developed loft space accessible via a ladder-style stairway; this area adds versatility and can serve various purposes, such as a hobby room or home office. The exterior features a low-maintenance courtyard leading to a garden workshop—an ideal spot for storage or creative projects. While the home could benefit from updates in certain areas, it serves as an excellent foundation for someone looking to invest in property with renovation prospects. With its rich history and flexible layout, this house stands ready for its next phase—whether that means transforming it into your dream home or making strategic improvements for investment purposes.

Investment Analysis

(PL4 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£162/sq ft
Area Average
£193/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£18,000 - £45,000
10-25% of property value
Target Value
£236,567
10% above area average per sq ft
Potential ROI
+5.1%
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

Maida Vale Terrace, Mutley, Plymouth
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