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Yealm Road, PLYMOUTH, Devon, PL8

South West

£695,000

Listed on 29/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1918 sqft

Description

Positioned along the scenic Yealm Road in the desirable village of Newton Ferrers, this property offers a compelling project for renovators and investors alike. Boasting impressive views over Newton Creek and the River Yealm, this generous plot includes an area of land at the front that engages directly with the beautiful foreshore. The residence features approximately 2,000 sq ft of living space, adaptable for both family needs and accommodating guests, comprising four spacious bedrooms and three bathrooms. The main living areas benefit from an abundance of natural light, while a balcony serves as an ideal spot to appreciate the surrounding landscape. There is considerable potential to extend this outdoor space with appropriate permissions, enhancing options for alfresco entertaining or leisure. Additionally, a large double garage adds utility, featuring an upper sail loft that could be developed further. For those interested in maritime pursuits, enjoy shared access to a private quay and rights to an outhaul mooring. Nestled in a village celebrated for its community spirit and excellent local amenities, with close proximity to picturesque coastal paths and various dining options, this property represents a rare opportunity to craft a bespoke home in a sought-after location.

Investment Analysis

(PL8 area)

Below Market Value

This property is priced -7.2% below area average per sq ft

-7.2%
Potential saving
This Property
£362/sq ft
Area Average
£391/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£824,193
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PL8)

Area prices are falling by -9.0% over the last 12 months
3 year growth: +4.1%
5 year growth: -1.6%
Investment Disclaimer: Analysis based on PL8 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

Yealm Road, PLYMOUTH, Devon, PL8
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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
£2,480
Based on a loan of £521,250 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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