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Radford Road, The Hoe, Plymouth

South West

£325,000

Listed on 09/06/2026

Property Details

Bedrooms
4
Type
House

Description

This mid-terraced property, located a stone's throw from the Esplanade on Plymouth Hoe, is currently configured as two self-contained flats under one title. The need for modernisation makes it a compelling opportunity for investors, Airbnb operators, or families wanting to create a spacious coastal residence. The ground floor boasts a generous hallway leading to two reception rooms, a practical kitchen with ample storage, and a shower room; complemented by a utility sun room that opens onto a decked terrace for outdoor leisure. The first floor hosts an expansive principal bedroom featuring an attractive fireplace alongside two more bedrooms and a shared bathroom. Below, the lower ground flat offers independent living with its own entrance, complete with a lounge, double bedroom, bathroom, and kitchen area that leads out to a paved courtyard garden—ideal for relaxed outdoor activities. This property's flexibility allows it to serve multiple purposes: maintain it as dual rental units, pivot towards the short-term rental market thanks to its prime location, accommodate multi-generational families comfortably, or convert it back into an impressive single-family home. With no onward chain involved, this property is expected to attract significant interest due to its diverse potential and desirable location.

Investment Analysis

(PL1 area)
Area Average
£243/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Radford Road, The Hoe, 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
£1,228
Based on a loan of £243,750 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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