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Derriford, Plymouth

South West

£400,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This detached bungalow, situated on a desirable road in Derriford, presents an outstanding opportunity for renovation and investment. The property features a spacious layout that includes a welcoming vestibule leading to a bright entrance hallway. Off this hallway are various functional spaces such as a cloakroom, boot room, and a sizable sitting room with large windows overlooking the rear garden. The kitchen/breakfast room is equipped with fitted units and offers ample dining space, while the adjoining utility room provides convenience with its storage solutions and access to the integral garage. There are two generous double bedrooms and a wet room that can benefit from updates. A dining room that flows into a garden room enhances the living space further, making it ideal for family gatherings. Although the bungalow is vacant and sold with no onward chain, it does require modernisation throughout, allowing you to tailor it to your taste while potentially increasing its value significantly through renovation. Expansive gardens at the front and rear provide additional outdoor space, perfect for families or those looking to enhance their landscaping skills.

Investment Analysis

(PL6 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.2%

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
50
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (PL6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.2%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on PL6 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

Derriford, Plymouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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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