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Priestley Avenue, Plymouth, Devon, PL5 - Image 1
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Priestley Avenue, Plymouth, Devon, PL5

South West

£160,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
986 sqft

Description

This spacious semi-detached family home, constructed with a robust steel frame, presents an excellent opportunity for those looking to invest in a property with considerable renovation potential. Located in a quiet residential cul-de-sac, the home is conveniently situated near local schools and provides straightforward access to the A38. Internally, the layout features an entrance hall, a separate living room, and a sizable fitted kitchen/dining area alongside a utility room and downstairs WC. The first floor hosts three bedrooms, including two generous doubles and one well-proportioned single. Additionally, the modern shower room offers functional amenities as-is. Externally, the property is complemented by a low-maintenance tiered front garden and a substantial enclosed rear garden that adjoins Kings Tamerton Woods & Nature Reserve. With UPVC double glazing and gas central heating already in place, this property not only promises comfort but also represents a blank canvas for customization to suit your taste. Early viewings are encouraged to fully grasp the potential this home embodies.

Investment Analysis

(PL5 area)

Below Market Value

This property is priced -31.4% below area average per sq ft

-31.4%
Potential saving
This Property
£162/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£247
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£256,399
10% above area average per sq ft
Potential ROI
+28.2%
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

Priestley Avenue, Plymouth, Devon, 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
£604
Based on a loan of £120,000 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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