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Bayswater Road, Plymouth, PL1 5BX

South West

£175,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
689 sqft

Description

This three-storey Victorian terraced house presents an excellent opportunity for renovation and investment, strategically located near the city centre of Plymouth and key amenities such as the railway station, university, and local parks. The property features a versatile layout with an entrance hall, open-plan kitchen/breakfast area, living room, three double bedrooms, and a bathroom spread across its floors. Originally a family home, it has been rented out for several years, making it appealing to first-time buyers or investors looking to convert it into a House in Multiple Occupation (HMO) due to its proximity to the university. While the property is equipped with gas central heating and PVCu double glazing, some modernization and decorative updates are recommended. This allows potential buyers not only to enhance their living space but also to increase rental yield or resale value. Externally, there is a small walled courtyard that offers additional utility rights as set in an easement deed – ideal for managing refuse and enjoying some outdoor space. With the added benefit of resident permit parking available in the vicinity, this property holds significant promise for those willing to invest time and resources into refurbishment.

Investment Analysis

(PL1 area)

Above Market Value

This property is priced +4.6% above area average per sq ft

+4.6%
This Property
£254/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£184,018
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL1)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -4.4%
5 year growth: -4.4%
Investment Disclaimer: Analysis based on PL1 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

Bayswater Road, Plymouth, PL1 5BX
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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
£661
Based on a loan of £131,250 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

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