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Sea View Avenue, Plymouth

South West

£220,000
Listed on 13/11/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
940 sqft

Description

This five-bedroom property presents a valuable opportunity for investors seeking to enhance their portfolio with a fully licensed House in Multiple Occupation (HMO). Situated in a central area of Plymouth, the location is advantageous for attracting working professionals, making it a potentially lucrative investment. The layout includes five individual letting rooms along with a communal living space, offering ample accommodation that could easily appeal to tenants. With rental rates averaging around £125 per week per room, there is significant income potential—estimated at approximately £30,000 annually—especially after implementing light cosmetic upgrades. Plymouth, known for its stunning waterfront and vibrant atmosphere, continues to draw interest from various demographics due to its accessibility and amenities. The city's strong demand for rental properties enhances the prospect of steady occupancy rates in this neighborhood. Investors should be aware that while this property offers immediate rental possibilities, there is also considerable scope for modernization and personalization. This flexibility allows future owners to add value over time through renovations that align with market trends and tenant preferences. Given the high demand expected for such properties in this area, early viewings are recommended. Interested parties will need to undergo a registration and financial verification process before scheduling appointments. In summary, this property not only serves as a functional HMO but also as a canvas for potential enhancement—a dual benefit for those looking to invest in Plymouth's competitive rental market.

Investment Analysis

(PL4 area)

Above Market Value

This property is priced +20.1% above area average per sq ft

+20.1%
This Property
£234/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£201,475
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Sea View Avenue, 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
£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