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Parsons Close, Plymouth, PL9

South West

£200,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
895 sqft

Description

This semi-detached home features two spacious double bedrooms and is strategically located in the desirable Staddiscombe area of Plymstock. While currently requiring some modernization, this property presents an excellent opportunity for renovation and investment, allowing you to tailor the space to your preferences. The layout includes a generous reception room that welcomes natural light, a functional kitchen/breakfast area, and a conservatory that expands the living space. Additionally, there are two well-sized bedrooms and a bathroom, all providing a solid foundation for potential updates that could significantly enhance the property's value. Externally, the property boasts both front and rear gardens that are enclosed for privacy. A private driveway and garage offer ample parking options and additional storage or workspace possibilities—ideal for DIY enthusiasts or those looking to maximize utility. Situated in a tranquil residential neighborhood, this home is conveniently close to local shops, reputable schools, and picturesque coastal walks. Its location not only adds to the lifestyle appeal but also underscores its investment potential, given the demand for properties in the area. With some cosmetic enhancements, this home can be transformed into a modern dwelling that reflects contemporary tastes while still offering charm. Whether you're considering it as your next residence or as an investment opportunity, this property holds promising potential in a sought-after community.

Investment Analysis

(PL9 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£223/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Target Value
£298,747
10% above area average per sq ft
Potential ROI
+40.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 6.7%
5 year growth: 16.2%
Investment Disclaimer: Analysis based on PL9 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

Parsons Close, Plymouth, PL9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE