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Glendower Road, Peverell

South West

£180,000

Listed on 20/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
907 sqft

Description

Situated in the popular Peverell area of Plymouth, this charming period home spans approximately 907 sq. ft. and offers an appealing opportunity for those looking to upgrade and customize a property according to their vision. It is well-suited for developers or investors aiming to increase value in one of the city's most desirable neighbourhoods. Upon entering, you are greeted by a hallway that highlights the home's original period features and provides access to spacious reception rooms as well as stairs leading to the first floor. The front-facing sitting room is particularly striking, adorned with natural light streaming through its original sash bay windows and enhanced by period details like original coving and picture rails. The rear dining room overlooks a generous garden and includes convenient under-stairs storage. This area has great potential for transformation into an open-plan living space by integrating it with the adjoining kitchen, which currently contains essential wall and base units along with a window facing the south-facing garden. There is scope to enhance this layout further, potentially adding utility space or relocating the bathroom upstairs. The rear garden is another asset, filled with mature plants and offering ample opportunity for landscaping into an inviting outdoor space perfect for entertaining or relaxation. A garage adds practicality for storage or parking, while external access via a service lane facilitates renovation work. Ascending to the first floor reveals a naturally lit landing courtesy of a Velux window that invites sunlight into this central area. Two well-proportioned double bedrooms await; the principal room showcases elegance with its front-facing sash bay windows, while the second bedroom's built-in storage enhances functionality. A shower room exists between these bedrooms, with nearby properties having successfully reconfigured similar spaces to create larger family bathrooms—an option here that would allow buyers to design their ideal bathing experience. The property is in need of modernisation including updates to both kitchen and bathroom facilities, alongside improvements to heating and electrical systems. Such renovations present not just an enhancement of comfort but also significant potential for increased property value. Peverell's enduring appeal lies in its blend of attractive architecture, community spirit, and proximity to amenities such as Central Park's green spaces and Hyde Park's local shops and cafes. With schools and transport links close by, this location remains highly sought after among families and professionals alike. This represents a unique chance to own a characterful home with immense renovation potential in one of Plymouth’s most esteemed areas.

Investment analysis

(PL3 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£198/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£248,228
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Glendower Road, Peverell
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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
£680
Based on a loan of £135,000 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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