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St Martins Avenue, Peverell, Plymouth

South West

£220,000

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1399 sqft

Description

Located in the sought-after Peverell area of Plymouth, this spacious mid-terraced home is strategically positioned near reputable schools, local amenities, and just a short stroll from Central Park with its leisure offerings. The ground floor features a welcoming lounge, separate dining room, breakfast room, and kitchen. Upstairs, you will find three generously-sized bedrooms along with a family bathroom. A standout feature is the sizeable cellar that has excellent head height, providing substantial potential for various uses pending necessary approvals. The property also boasts an enclosed walled rear garden for private outdoor enjoyment. While it currently requires a comprehensive update and general repairs, this presents a vital opportunity for buyers aiming to remodel to their liking or as an investment project.

Investment analysis

(PL3 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%
Potential saving
This Property
£157/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£382,878
10% above area average per sq ft
Potential ROI
+41.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PL3)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +7.0%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on PL3 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

St Martins Avenue, Peverell, 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
£831
Based on a loan of £165,000 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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