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Underlane, Plympton, Plymouth

South West

£231,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
810 sqft

Description

This three-bedroom semi-detached house in Plympton presents an excellent opportunity for renovation and investment. Its elevated location offers breathtaking views over the town and surrounding area. The property features a practical open-plan living space that combines the lounge and dining areas, providing a bright atmosphere thanks to large windows. The kitchen, while functional, is in need of modernisation and connects directly to a sizable rear garden that boasts raised decking—ideal for outdoor gatherings. Upstairs, you'll find three well-proportioned bedrooms and a family bathroom that could be upgraded to enhance comfort and appeal. With a garage included and off-road parking available, this home has significant potential to increase value with thoughtful renovations. Situated close to local amenities, schools, and parks, it’s perfect for families looking to create their dream home.

Investment Analysis

(PL7 area)

Below Market Value

This property is priced -5.5% below area average per sq ft

-5.5%
Potential saving
This Property
£285/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£268,770
10% above area average per sq ft
Potential ROI
-0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (PL7)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +4.8%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on PL7 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

Underlane, Plympton, 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
£824
Based on a loan of £173,250 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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