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Elgin Crescent, Crownhill, Plymouth - Image 1
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Elgin Crescent, Crownhill, Plymouth

South West

£185,000
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
775 sqft

Description

This semi-detached property in Crownhill presents a promising opportunity for those looking to invest in a home requiring modernization. The residence features a generously sized lounge and a kitchen/dining area that has seen some previous alterations, notably the removal of a non-load bearing wall to create an open-plan feel. On the first floor, you'll find two spacious double bedrooms along with a bathroom that is functional but could benefit from contemporary updates. The property is equipped with double glazing and central heating, providing a solid foundation for renovations. The outdoor space includes gardens at the front and rear, allowing for potential landscaping or garden enhancement. With no onward chain, this home could be an excellent project for buyers eager to renovate and add value.

Investment Analysis

(PL5 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£239/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£197,908
10% above area average per sq ft
Potential ROI
-10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (PL5)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 7.4%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on PL5 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

Elgin Crescent, Crownhill, 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
£678
Based on a loan of £138,750 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