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Sea View Avenue, Plymouth

South West

£220,000

Listed on 10/11/2025

Property details

Bedrooms
5
Type
Terraced
Area
940 sqft

Description

This five-bedroom property presents a promising opportunity for investment in Plymouth, currently operating as a fully licensed House in Multiple Occupation (HMO). With five lettable rooms and a communal space, the property is primed for rental to working professionals, with estimated potential earnings of around £30,000 annually, assuming light cosmetic enhancements. Situated in the vibrant coastal city of Plymouth, known for its waterfront appeal, this property offers not only immediate income potential but also room for modernization tailored to your vision. The current layout supports easy adaptation to improve rental appeal further. This is an ideal chance for savvy investors looking to capitalize on the strong rental market in this region.

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Investment analysis

(PL4 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£234/sq ft
Area Average
£200/sq ft
Avg Rent (weekly)
£175
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£206,283
10% above area average per sq ft
Potential ROI
-14.0%
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
14%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +8.4%
5 year growth: +16.2%
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

Sea View Avenue, Plymouth
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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