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Pennycross Park Road, Peverell, Plymouth - Image 1
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Pennycross Park Road, Peverell, Plymouth

South West

£250,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terraced property in Peverell offers a valuable opportunity for renovation and investment, ideally suited for those looking to create a family home tailored to their preferences. Currently in need of modernization, this home features an entrance porch leading into a hallway with under-stairs storage. The ground floor comprises a spacious bay-fronted living room and a dining room, both of which retain charming period features such as picture rails and coving. The kitchen includes essential fittings but will benefit from updating, while the utility room provides additional space for appliances. Moving upstairs, there are three bedrooms, including two generous doubles and a single, alongside a bathroom equipped with essential fixtures but showing signs of wear. The separate WC offers practicality for families. Outdoors, the enclosed garden is low maintenance with potential for landscaping or personal touches, and the property includes parking via a garage. Given its no onward chain status and appealing location close to amenities, this property represents an exciting project for those looking to enhance its value through thoughtful renovations.

Investment Analysis

(PL2 area)
Area Average
£210/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
38%
Properties sold annually

Local Market Trend (PL2)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 2.8%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on PL2 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

Pennycross Park Road, Peverell, 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
£916
Based on a loan of £187,500 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