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40 Adelaide Street, Stonehouse, Plymouth PL1 3JF - Image 1
40 Adelaide Street, Stonehouse, Plymouth PL1 3JF - Image 2
40 Adelaide Street, Stonehouse, Plymouth PL1 3JF - Image 3
40 Adelaide Street, Stonehouse, Plymouth PL1 3JF - Image 4
40 Adelaide Street, Stonehouse, Plymouth PL1 3JF - Image 5

40 Adelaide Street, Stonehouse, Plymouth PL1 3JF

South West

£65,000
Listed on 10/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

This vacant one-bedroom ground floor flat in a central Plymouth location presents a significant opportunity for renovation and investment. With its own entrance, the property features a hallway, living room, kitchen, double bedroom, and bathroom, all of which are in need of minor cosmetic upgrades. Investors will appreciate the potential for value enhancement through simple updates to modernize the space. The flat benefits from PVCU double glazing and gas central heating, providing a solid foundation for further improvements. A new 999-year lease will be granted upon completion, adding to the long-term appeal of this property.

Investment Analysis

(PL1 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PL1)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -2.8%
5 year growth: +0.4%
Investment Disclaimer: Analysis based on PL1 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

40 Adelaide Street, Stonehouse, Plymouth PL1 3JF
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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
£230
Based on a loan of £48,750 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.

Stamp Duty Calculator

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