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Southway Drive, Plymouth

South West

£130,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
780 sqft

Description

This end terraced home presents a promising opportunity for investment, particularly suited for cash buyers due to its concrete construction. Nestled on a generous plot with established gardens in both the front and back, the property is ripe for modernization. Inside, you'll find a spacious living room that opens up potential for contemporary design, alongside a kitchen and utility room awaiting an upgrade. The two generously-sized double bedrooms and bathroom also require refurbishment to meet modern living standards. Key features include double glazing and electric heating, while external wall insulation has already been added to enhance energy efficiency. With no onward chain, this property is an intriguing prospect for those looking to create value through renovation.

Investment Analysis

(PL6 area)

Below Market Value

This property is priced -40.7% below area average per sq ft

-40.7%
Potential saving
This Property
£167/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£241,227
10% above area average per sq ft
Potential ROI
+55.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (PL6)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -1.4%
5 year growth: +21.8%
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

Southway Drive, 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
£464
Based on a loan of £97,500 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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