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Elburton Road, Plymouth

South West

£270,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1405 sqft

Description

This three-bedroom detached bungalow in the desirable Elburton area offers a promising opportunity for those looking to invest in a property with great potential for modernization. Currently available with no onward chain, this spacious home is ready for new owners to infuse their style and preferences. The interior features a flexible layout, including a loft conversion that serves as a master bedroom flooded with natural light from Velux windows. The other bedrooms and living spaces are well-sized yet could benefit from updates to enhance comfort and aesthetics. Outside, the property includes a driveway leading to a garage, alongside an enclosed rear garden perfect for leisure or entertaining. Additionally, it is equipped with owned solar panels and a battery storage system, presenting an eco-friendly element to your investment. This property requires attention but promises substantial rewards for those willing to undertake the renovations necessary to transform it into a modern family home.

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Investment analysis

(PL9 area)

Below Market Value

This property is priced -38.4% below area average per sq ft

-38.4%
Potential saving
This Property
£192/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£482,196
10% above area average per sq ft
Potential ROI
+55.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +3.4%
5 year growth: +15.3%
Investment Disclaimer: Analysis based on PL9 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

Elburton 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
£1,020
Based on a loan of £202,500 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

Next Steps

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