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Greenwood Park Close, Plymouth, Devon - Image 1
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Greenwood Park Close, Plymouth, Devon

South West

£325,000
Listed on 03/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
506 sqft

Description

This four-bedroom detached house is situated in a peaceful cul-de-sac, making it an attractive option for families seeking a quiet yet convenient location. The property features a well-sized kitchen/diner that provides ample space for daily family meals and gatherings, along with a separate lounge area for relaxation. A downstairs WC enhances the functionality of the ground floor. While the home is currently in need of updating, this presents a valuable opportunity for prospective buyers to renovate and truly make it their own. With some thoughtful renovations, there is significant potential to enhance both comfort and value. On the upper level, you'll find a master bedroom complete with an en suite bathroom, alongside three additional bedrooms that share a family bathroom. The outside space includes a generous front garden and an enclosed rear garden, perfect for outdoor activities or as an area for children to play safely. This property's location further adds to its appeal, being in close proximity to reputable primary and secondary schools, which is ideal for families. Additionally, residents will benefit from easy access to local amenities and essential transportation links, including main bus routes and the A38 Devon Expressway, simplifying commutes to surrounding areas. With ample space both inside and out and the potential for modernization, this property represents not just a home but also an excellent investment opportunity in a desirable community setting.

Investment Analysis

(PL7 area)

Above Market Value

This property is priced +113.5% above area average per sq ft

+113.5%
This Property
£642/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£261
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£167,453
10% above area average per sq ft
Potential ROI
-54.7%
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
38%
Properties sold annually

Local Market Trend (PL7)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 4.1%
5 year growth: 19.9%
Investment Disclaimer: Analysis based on PL7 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

Greenwood Park Close, Plymouth, Devon
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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
£1,191
Based on a loan of £243,750 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