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Corondale Road, Plymouth

South West

£240,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
1173 sqft

Description

This two-bedroom bungalow offers a traditional layout that presents an excellent opportunity for modernization. The spacious bay-fronted living room, featuring a charming fireplace, connects seamlessly to the separate dining area with sliding doors leading to a conservatory, enhancing the property's natural light and connection to the private rear garden. This home has two well-sized bedrooms, each with built-in storage, and a family bathroom that could benefit from updates. The galley-style kitchen offers functionality, with access to a utility area and an enclosed porch that serves as additional storage or could be transformed into a versatile garden room. The attached garage adds convenience for storage or parking needs. The private rear garden is filled with mature greenery, providing a peaceful retreat. Overall, this property holds significant potential for investment through tasteful renovations and updates that could modernize living spaces while retaining its inherent charm.

Investment Analysis

(PL2 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£205/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£281,414
10% above area average per sq ft
Potential ROI
+0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (PL2)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +0.5%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on PL2 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

Corondale 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
£907
Based on a loan of £180,000 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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