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Michael Road, Plymouth

South West

£530,000

Listed on 04/05/2026

Property Details

Bedrooms
6
Type
Semi Detached
Area
2388 sqft

Description

This six-bedroom semi-detached home is situated on a generous corner plot in the sought-after area of Mannamead, Plymouth. It offers a spacious and flexible interior layout, making it an excellent candidate for renovation or investment. The property includes two reception rooms that can be tailored to various living arrangements, as well as two bathrooms strategically located for convenience—one on each floor. With ample space throughout, this residence meets the needs of larger families or those seeking room for a home office. The corner position not only enhances curb appeal but also provides opportunities for outdoor enhancements, such as landscaping or further development subject to the necessary permissions. The double garage is a notable asset, allowing for secure parking and additional storage options or potential workshop space. The location benefits from easy access to local amenities, respected schools, and transport links, combining lifestyle with opportunity. A viewing is essential to fully grasp the potential of this substantial property.

Investment Analysis

(PL3 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£222/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£254
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£655,912
10% above area average per sq ft
Potential ROI
+7.5%
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
24%
Properties sold annually

Local Market Trend (PL3)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +4.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on PL3 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

Michael Road, Plymouth
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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
£2,002
Based on a loan of £397,500 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

Price History

-3.6% since listed
£530,000£20,000(-3.6%)
12/06/2026
Current price
£550,000Initial listing
05/05/2026

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