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Greenbank Avenue, Greenbank, Plymouth - Image 1
Greenbank Avenue, Greenbank, Plymouth - Image 2
Greenbank Avenue, Greenbank, Plymouth - Image 3
Greenbank Avenue, Greenbank, Plymouth - Image 4
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Greenbank Avenue, Greenbank, Plymouth - Image 6
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Greenbank Avenue, Greenbank, Plymouth

South West

£260,000
Listed on 27/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1793 sqft

Description

Situated in the sought-after Greenbank area, this mid-terrace three-bedroom house is perfectly positioned near local parks and within a short walk of the City Centre and Drake Circus Shopping Mall. The home retains numerous period features that contribute to its unique character, though it is currently due for some renovation work. Upon entry, you are greeted by an inviting hall featuring an original stained glass door. The spacious living room, enhanced by a classic bay window, enjoys plenty of natural light. Adjacent to this is a separate dining room, providing an excellent space for daily dining or formal gatherings, leading into a sizeable kitchen/breakfast room at the back of the property. An unusual highlight of this home is the full-height basement accessed externally. This expansive area runs beneath the entire length of the ground floor and promises fantastic potential for additional storage or conversion into usable living space (pending necessary permissions). Upstairs, there are three well-proportioned bedrooms that each exude their own charm, complemented by a shower room and a separate WC. The rear courtyard garden offers a private and low-maintenance outdoor area. With no onward chain and ready for its next owners to infuse their vision, this property holds significant promise as both a comfortable residence and an investment opportunity for those looking to apply their personal touch.

Investment Analysis

(PL4 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£145/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£384,303
10% above area average per sq ft
Potential ROI
+28.1%
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

Greenbank Avenue, Greenbank, 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
£952
Based on a loan of £195,000 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