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Kingfisher Way, Plymouth

South West

£225,000
Listed on 28/11/2025

Property Details

Bedrooms
2
Type
Cottage
Area
527 sqft

Description

Radford Cottages, originally constructed in 1857 for the Duke of Bedford, comprise a charming row of four stone-built cottages nestled within ample grounds. This property benefits from stunning views over Hooe Lake and is conveniently located along the South West coastal path. The unique investment potential here lies not only in the scenic location but also in the possibility for development or refurbishment. The cottage is being sold with no onward chain, making it an enticing option for savvy buyers. It boasts a generous courtyard with outbuildings and a large parking area suitable for multiple vehicles. Inside, the layout features a practical kitchen that opens into a living room equipped with a wood-burning stove, while upstairs are two bedrooms with views of the garden and lake. An additional shower room completes the accommodation. Outside, the garden offers further scope to enhance its appeal while enjoying tranquil surroundings.

Investment Analysis

(PL9 area)

Above Market Value

This property is priced +40.1% above area average per sq ft

+40.1%
This Property
£427/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£176,606
10% above area average per sq ft
Potential ROI
-35.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +2.8%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on PL9 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

Kingfisher Way, Plymouth
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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
£811
Based on a loan of £168,750 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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