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Alexandra Road, Ford

South West

£220,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1216 sqft

Description

This three-bedroom mid-terraced house, owned by the same family for 70 years, presents a unique opportunity for new owners looking to capitalize on its renovation potential. With its generous living spaces and high ceilings, the property offers a solid foundation for modernization and updates. The spacious south-facing front garden adds to the appeal, providing outdoor space that could be enhanced further. Situated in the established residential area of Ford, this home benefits from a prime location close to Devonport Dockyard and Plymouth City Centre. The nearby Stoke Village offers convenient access to shops and amenities, making it an ideal spot for families or first-time buyers seeking community-oriented living. Key features of the property include double glazing and gas central heating, ensuring comfort throughout the year. The entrance hall leads to a lounge with a natural stone fireplace and separate dining room—both featuring charming period details that could be preserved during renovations. The kitchen is well-equipped with essential appliances and offers potential for reconfiguration or modern upgrades. The ground floor also includes a bathroom fitted with essential fixtures, alongside a separate WC for added convenience. Upstairs, three bedrooms provide ample space for family living or home office setups, each benefiting from natural light through UPVC double-glazed windows. The outdoor areas are noteworthy; the rear courtyard is accessible from the kitchen and provides privacy while still allowing for outside pursuits. Additionally, a single garage with electric access enhances practicality for storage or vehicle needs. Overall, this property is not just a house but an investment opportunity waiting to be explored. With its solid structure and promising location, it holds great potential for those willing to envision its transformation into their dream home.

Investment Analysis

(PL2 area)

Below Market Value

This property is priced -13.9% below area average per sq ft

-13.9%
Potential saving
This Property
£181/sq ft
Area Average
£210/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£280,963
10% above area average per sq ft
Potential ROI
+17.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (PL2)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 2.8%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on PL2 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

Alexandra Road, Ford
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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
£806
Based on a loan of £165,000 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