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Spring Road, Wembury Point, Plymouth

South West

£695,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a notable opportunity for renovation enthusiasts and investors alike, offering breathtaking views of the sea and the Mewstone. The layout features a lounge, an expansive open-plan dining/family room, and a kitchen along with three double bedrooms, a shower room, and an additional cloakroom/wc. The majority of the windows are double-glazed, enhancing energy efficiency, while the oil-fired under-floor heating system provides a solid base for further improvements. Outside, the property is complemented by a lengthy driveway leading to a sizeable garage and private gardens both in front and at the rear. With no onward chain, this home has significant potential for those looking to modernize and enhance its value in this desirable South West location.

Investment Analysis

(PL9 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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
19%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 6.7%
5 year growth: 16.2%
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

Spring Road, Wembury Point, 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
£2,546
Based on a loan of £521,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE