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Meavy Avenue, Plymouth, PL5

South West

£230,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
916 sqft

Description

Nestled in a serene cul-de-sac, this charming Victorian semi-detached property is a remarkable canvas for those looking to invest in a home rich with character and potential. The house presents an enticing opportunity for buyers ready to infuse their personal style as it needs thorough updating throughout. While much of the renovation required is cosmetic—ranging from fresh decor to flooring choices—the property does feature gas central heating and UPVC double glazing, minimizing concerns around major structural work.

The layout is spacious across two levels, offering two sizable reception rooms on the ground floor, complemented by a kitchen, a convenient downstairs WC, and an area that could easily serve as a utility room. The generous garden at the rear provides ample outdoor space for families and gatherings, or could be redesigned for landscaping ambitions.

Upstairs, three good-sized bedrooms are accompanied by a contemporary family bathroom. Original period elements such as decorative coving, fireplaces, and traditional internal doors are still intact, creating a beautiful backdrop for thoughtful restoration efforts.

Located on a quiet residential street with easy access to permit parking, this Victorian home represents a rare chance to own a property full of charm and investment potential, waiting for someone with vision to bring it back to life.

Investment Analysis

(PL5 area)

Above Market Value

This property is priced +6.2% above area average per sq ft

+6.2%
This Property
£251/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£247
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£238,197
10% above area average per sq ft
Potential ROI
-14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (PL5)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +4.1%
5 year growth: +24.8%
Investment Disclaimer: Analysis based on PL5 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

Meavy Avenue, Plymouth, PL5
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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
£869
Based on a loan of £172,500 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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