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Maida Vale Terrace, Mutley, Plymouth

South West

£180,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1112 sqft

Description

This two-bedroom terraced home, situated in the desirable area of Mutley, offers a rare opportunity for those looking to invest in a property with significant renovation potential. Having been cherished by the same family for over 70 years, this residence provides a unique blend of historical charm and modern adaptability. The entrance greets you with a hallway leading into a spacious lounge characterized by a classic bay window that invites ample natural light. This inviting space transitions effortlessly into the dining area, making it ideal for gatherings or cozy dinners. At the rear, the kitchen presents an opportunity for modernization, allowing you to design it to fit your personal style and functionality needs. Upstairs features two generously sized double bedrooms alongside a practical shower room. The developed loft space adds value as it can be transformed into a hobby room or office, enhancing the property's versatility. Outdoors, you'll find a low-maintenance courtyard leading to a garden workshop that could serve multiple purposes from storage to creative projects. While some areas require updating, this home represents an excellent canvas for renovation enthusiasts eager to craft their dream living space. With its rich history and flexible layout, it is poised for its next chapter.

Investment Analysis

(PL4 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£162/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£238,341
10% above area average per sq ft
Potential ROI
+16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 9.5%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on PL4 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

Maida Vale Terrace, Mutley, Plymouth
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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
£659
Based on a loan of £135,000 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