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Redhill Close, Ernesettle

South West

£160,000
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom residence in Ernesettle, Plymouth, presents a significant opportunity for those interested in making their mark on a property. While the home has been well-maintained, it is ripe for further modernization and personalization to enhance its value. The internal space is generous, with a well-thought-out layout that includes a bright lounge-diner stretching the length of the house, complemented by dual-aspect windows. A functional kitchen at the back provides pleasant views of the southwest-facing garden and could benefit from an upgrade to meet contemporary standards. The adjoining utility/workshop area holds potential for reconfiguration or expansion. The first floor features two spacious double bedrooms, with the principal bedroom offering impressive proportions akin to that of the lounge below. The bathroom, currently featuring a bath with an electric shower, invites modernization as well. Externally, both front and rear gardens are designed for ease of maintenance yet offer ample space for enhancement. The rear garden’s sunny exposure creates a perfect environment for outdoor entertaining once improvements are made. Given its desirable location close to local amenities and schools, this property serves as an appealing canvas for investors or homeowners aiming to inject their style and potentially increase its market value.

Investment Analysis

(PL5 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£231
Avg Yield
5.8%

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
40
Average per month
Market Turnover
76%
Properties sold annually

Local Market Trend (PL5)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +7.5%
5 year growth: +24.5%
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

Redhill Close, Ernesettle
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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
£577
Based on a loan of £120,000 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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