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College Avenue, Mannamead, Plymouth

South West

£260,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
2018 sqft

Description

This impressive four-storey period residence presents a significant opportunity for renovation and modernisation, enabling potential buyers to transform it into a contemporary family home. Currently, the layout includes an entrance porch and hallway, leading to a lounge, dining room, and utility/WC on the ground floor. The first floor comprises two generously sized bedrooms along with a kitchen and shower room. Ascend to the second floor to find an additional double bedroom that boasts views across Plymouth. The basement level offers a spacious room measuring approximately 8.53m x 5.92m with high ceilings, suggesting excellent potential for expanding the living space. The rear garden benefits from a southerly aspect and could be enhanced by adding parking or a garage pending necessary approvals. This property is sold with no onward chain and merits early viewing to fully appreciate its size and renovation possibilities.

Investment Analysis

(PL4 area)

Below Market Value

This property is priced -34.9% below area average per sq ft

-34.9%
Potential saving
This Property
£129/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£171
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£439,409
10% above area average per sq ft
Potential ROI
+22.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +8.2%
5 year growth: +18.3%
Investment Disclaimer: Analysis based on PL4 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

College Avenue, Mannamead, 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
£921
Based on a loan of £195,000 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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