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South Down Road, PL2

South West

£200,000

Listed on 24/04/2026

Property details

Bedrooms
3
Type
Bungalow
Area
889 sqft

Description

Located in the sought-after Beacon Park area of Plymouth, this detached bungalow offers an exceptional opportunity for renovation enthusiasts and investors alike. With a footprint of just under 900 sq ft, the property currently accommodates three bedrooms but presents itself as an ideal candidate for reconfiguration into a modern two-bedroom home with enhanced living areas. Upon entry, a spacious hallway connects to the main rooms and is adorned with parquet-style flooring and gloss-finished skirting boards, setting the tone for what can be achieved here. The lounge boasts a bay window that fills the space with natural light and features charming period details such as picture rails. The well-sized main bedroom mirrors this brightness and period style, while the bathroom is functional yet dated, offering scope for refurbishment. The second bedroom includes built-in storage, while the third bedroom, accessible from both the dining room and second bedroom, could seamlessly be incorporated into a larger open-plan design. The current dining area already benefits from ample light and opens up to a modest kitchen that boasts dual-aspect windows providing picturesque views. A thoughtful redesign could turn this back section of the home into an inviting kitchen/dining/living area tailored for contemporary living. Outside, you will find practical features such as a shared driveway, garage, and an easily manageable south-facing garden complete with a greenhouse—ideal for gardening enthusiasts. Additionally, there is potential to explore loft space development or further expansions with appropriate planning permissions. Situated conveniently near local amenities and good transport links alongside proximity to Plymouth city centre, this property combines location advantages with significant scope for transformation—whether you desire an expansive two-bedroom layout or an upgraded three-bedroom configuration.

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Investment analysis

(PL2 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£225/sq ft
Area Average
£214/sq ft
Avg Rent (weekly)
£217
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£208,928
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PL2)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +1.9%
5 year growth: +17.3%
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

South Down Road, PL2
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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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