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Fernbank Avenue, Ivybridge, PL21 - Image 1
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Fernbank Avenue, Ivybridge, PL21

South West

£260,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
725 sqft

Description

This three-bedroom semi-detached property in a quiet area of Ivybridge presents an exciting opportunity for renovation and personalization. Located conveniently near reputable schools such as Woodlands Primary School and Ivybridge Community College, it's ideal for families looking to settle down or investors seeking rental prospects. The home is within walking distance of local amenities, including a Co-operative store and Woodlands Park, which features recreational spaces for all ages. Ivybridge railway station nearby provides easy access to London Paddington and Penzance, enhancing its appeal to commuters. Set on a generous plot, the property boasts a large custom-built shed and off-road parking for two vehicles. While the house is offered with no onward chain, it serves as a blank canvas for first-time buyers eager to add their personal touch. Inside, the spacious open-plan living and dining area welcomes ample natural light, creating a bright atmosphere ideal for family gatherings. The kitchen is functional but would benefit from modern updates, offering potential buyers the chance to create their dream space. Upstairs, the property features three bedrooms along with a family bathroom that requires modernization—another chance for improvement tailored to individual tastes. The sizeable rear garden is fully enclosed and includes a patio and lawn area, perfect for those desiring outdoor enhancements. Overall, this semi-detached home is ripe with possibilities for those looking to invest in a property that can evolve into their ideal living space.

Investment Analysis

(PL21 area)

Above Market Value

This property is priced +8.5% above area average per sq ft

+8.5%
This Property
£359/sq ft
Area Average
£330/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£263,494
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 0.1%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on PL21 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

Fernbank Avenue, Ivybridge, PL21
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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
£938
Based on a loan of £195,000 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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