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Wellsbourne Park, Plymouth, PL3

South West

£475,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1324 sqft

Description

This generously proportioned three-bedroom detached residence is situated within the sought-after Wellsbourne Park area in Plymouth, offering ample potential for those looking to put their personal touch on a well-established family home. Nestled in a tranquil cul-de-sac, this property features a spacious south-facing garden that could be transformed into an outdoor haven. The interior boasts a unique split-level layout that provides versatility for modern living. Upon entering, you will find a welcoming entrance hall leading to two bright bedrooms with large windows and a contemporary family bathroom. Ascending to the upper level reveals the main bedroom, which offers excellent dimensions, built-in wardrobes, and an en suite area equipped with fitted storage. The heart of the home is undoubtedly the expansive open-plan living and dining space on the garden level, which is enhanced by dual aspect windows and sliding doors opening onto a raised terrace. This design allows natural light to flood the area while offering serene views over the private garden—an ideal setting for relaxation or entertaining. The separate kitchen and breakfast room at the rear provide practical space for culinary activities alongside additional storage options. A convenient WC is also available beneath the stairs. Outside, the south-facing garden stands out with its sizeable patio, mature plants, and well-maintained lawn, making it perfect for family gatherings or quiet enjoyment throughout sunny months. Additional benefits include off-road parking and a garage. As this property is being sold as probate with all approvals secured, it represents an excellent investment opportunity for buyers interested in revitalizing a classic home in a prime location. While some internal updates may be needed to align with modern tastes, this residence promises significant potential along with its desirable attributes.

Investment Analysis

(PL3 area)

Above Market Value

This property is priced +43.9% above area average per sq ft

+43.9%
This Property
£359/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£363,081
10% above area average per sq ft
Potential ROI
-28.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
108%
Properties sold annually

Local Market Trend (PL3)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +6.0%
5 year growth: +22.4%
Investment Disclaimer: Analysis based on PL3 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

Wellsbourne Park, Plymouth, PL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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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