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15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 1
15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 2
15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 3
15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 4
15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 5
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15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 8
15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 9
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15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 11
15 Collingwood Avenue, Plymouth, Devon PL4 9ND - Image 12

15 Collingwood Avenue, Plymouth, Devon PL4 9ND

South West

£100,000

Listed on 24/06/2026

Property Details

Bedrooms
2
Type
Block Of Apartments

Description

This property presents a noteworthy investment opportunity with two self-contained one-bedroom flats situated in the heart of Plymouth. The mid-terraced freehold structure features a ground floor flat that is currently tenanted, yielding a monthly income of £472.50, while the first-floor flat is vacant and has been recently modernised, offering attractive rental potential. The ground floor flat, although generating income, requires comprehensive refurbishment across its living room, kitchen/breakfast room, bedroom, and bathroom. Conversely, the first-floor unit boasts a modern fitted kitchen and bathroom that can achieve an estimated rental income of around £750 per month when occupied. With immediate cash flow from the ground floor and potential for additional revenue from the first floor, this property has significant upside for savvy investors. Overall, it promotes great prospects for enhancing rental yields in a sought-after central location.

Investment Analysis

(PL4 area)
Area Average
£200/sq ft
Avg Rent (weekly)
£175
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +8.4%
5 year growth: +16.2%
Investment Disclaimer: Analysis based on PL4 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

15 Collingwood Avenue, Plymouth, Devon PL4 9ND
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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
£378
Based on a loan of £75,000 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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