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Herbert Place, Plymouth, PL2

South West

£150,000
Listed on 24/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
723 sqft

Description

Nestled at the end of a tranquil cul-de-sac, this 1950s mid-terrace property in Herbert Place presents an appealing opportunity for both buyers looking to personalise their living space and investors aiming to tap into its potential. The home requires modernisation, making it a blank canvas for creative renovations. With well-sized rooms and a practical layout, this residence offers an exciting chance to shape it into a unique home over time. Upon entering, you are greeted by a hallway that leads into a cozy sitting room ideal for unwinding after a busy day. The spacious kitchen/diner at the rear provides ample scope for reconfiguration or contemporary updates, complemented by a separate utility area that enhances functionality. The upstairs features two generous double bedrooms alongside a shower room. Outside, the property boasts manageable enclosed gardens both front and rear, offering serene outdoor space without excessive maintenance. With convenient access to local amenities, schools, and public transport links, this property is marketed with no onward chain, making it an accessible investment with considerable upside potential.

Investment Analysis

(PL2 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£207/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£206
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£171,069
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (PL2)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +4.0%
5 year growth: +19.5%
Investment Disclaimer: Analysis based on PL2 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

Herbert Place, Plymouth, PL2
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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
£531
Based on a loan of £112,500 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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