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Derriford, Plymouth

South West

£325,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This detached bungalow is situated on a sought-after residential street in Derriford and presents an excellent opportunity for modernization. With no onward chain, this property is ready for a new owner to implement their vision. The layout consists of an entrance hall that leads to a spacious lounge/dining area complete with a feature fireplace, a kitchen that holds potential for upgrades, and three bedrooms offering ample space for reconfiguration or enhancement. A family bathroom and separate WC are also included, making this home functional yet ripe for improvement. The exterior features a front garden with lawn, off-road parking for two vehicles, and an enclosed south-facing rear garden that benefits from terracing and includes two sheds. This property allows for creative renovations that can significantly elevate its value while providing modern living spaces in a desirable area.

Investment Analysis

(PL6 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (PL6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.2%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on PL6 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

Derriford, 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
£1,151
Based on a loan of £243,750 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.

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