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Radford Road, Plymouth, PL1 3BZ

South West

£190,000
Listed on 31/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

Nestled within the historic Grand Parade building on Plymouth Hoe, this two-bedroom basement flat presents a unique opportunity for renovation or investment in one of the city’s most cherished locales. Just steps away from the scenic waterfront and a short stroll to the charming Barbican area, this location offers a blend of vibrant coastal life and rich cultural history. The interior of this flat is marked by its bright, open layout, providing ample space for future customization. The living area serves as a welcoming hub, ideal for both relaxation and social gatherings. The kitchen comes equipped with modern cabinetry and sufficient storage options, combining practicality with potential for upgrades that can enhance both form and function. Two well-sized bedrooms include a spacious main bedroom and an additional room featuring an ensuite bathroom, making it suitable for guests or as a private work-from-home space. Added built-in storage in the hallway further maximizes functionality. While the property could benefit from some updates to align with contemporary tastes, it offers a wonderful blank slate for new owners. This flat is not only an attractive option for first-time buyers seeking to make their mark but also presents solid investment potential in a prime location known for its draw among renters. With its generous layout and historical significance on Plymouth Hoe, this flat stands out as a promising prospect for those looking to invest in both lifestyle and future value.

Investment Analysis

(PL1 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PL1)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 3.2%
5 year growth: 2.4%
Investment Disclaimer: Analysis based on PL1 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

Radford Road, Plymouth, PL1 3BZ
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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
£696
Based on a loan of £142,500 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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