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Providence Street, Plymouth

South West

£180,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
791 sqft

Description

This three-bedroom period home, recently refurbished with modern touches, presents an excellent opportunity for potential investors or families seeking a convenient lifestyle in Plymouth. Strategically located approximately 0.6 miles from the University of Plymouth and within easy walking distance of key amenities, including Drake Circus and the train station, this property boasts a blend of city accessibility and community charm. Spanning three floors and roughly 791 sq ft, the layout comprises a spacious lounge and contemporary kitchen diner with access to a private enclosed courtyard, alongside three genuine double bedrooms and a stylish modern shower room. A notable highlight is the impressive roof terrace that offers elevated views over the sea and city—an increasingly rare feature at this price point. Although the home has undergone significant renovations such as updated decor and bathroom fittings, there remains potential for customization; the floors have been prepared for additional coverings, allowing new owners to add their personal touch. This flexibility caters well to buyers looking to invest in property enhancements or simply settle into a well-maintained residence. Greenbank is known for its characterful homes and strong community vibe, making it an attractive location for both principal residents and investors interested in rental opportunities due to its proximity to educational institutions. With no onward chain included in the sale, this property warrants early viewings to fully appreciate its potential.

Investment Analysis

(PL4 area)

Above Market Value

This property is priced +13.9% above area average per sq ft

+13.9%
This Property
£228/sq ft
Area Average
£200/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£173,846
10% above area average per sq ft
Potential ROI
-13.1%
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 0.0% over the last 12 months
3 year growth: +10.2%
5 year growth: +17.9%
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

Providence Street, Plymouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£642
Based on a loan of £135,000 over 30 years at 3.97% 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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