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Chedworth Street, Plymouth, Devon, PL4 - Image 1
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Chedworth Street, Plymouth, Devon, PL4

South West

£125,000

Listed on 25/08/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
876 sqft

Description

Located in the desirable Greenbank area of Plymouth, this two-bedroom terraced house presents a promising renovation opportunity. The property requires modernisation throughout, offering buyers the chance to create a home that reflects their personal style or to enhance an investment portfolio. The accommodation features a spacious living room, a kitchen/diner, and a downstairs bathroom. Upstairs, you will find two generously sized double bedrooms. Outside, the property boasts an enclosed rear courtyard garden, perfect for outdoor relaxation. Additional benefits include gas central heating and the advantage of no onward chain. With its attractive location and potential for improvement, this property is well-suited for investors looking to add value or for those seeking a rewarding refurbishment project. Once improved, it offers a potential rental income of approximately £1,000 to £1,100 per calendar month. Viewings are highly recommended to fully appreciate the space and potential available.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

61out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This spacious two-bedroom end-of-terrace property in the desirable Greenbank area of Plymouth offers a compelling opportunity for those looking to invest in a renovation project. Priced at £125,000, this asking figure is notably cheap at £143/sqf compared to the local average of £199/sqf, presenting a strong chance to acquire a property below market value.

While the overall condition of the house is poor, with significant refurbishment needed in most rooms, the potential to modernise and enhance this space cannot be overlooked. The generous living room, alongside two well-proportioned double bedrooms, provides a solid foundation for transformation. Additionally, the property benefits from gas central heating and an enclosed rear courtyard garden, adding to its appeal as a potential home or rental investment. Given the strong local rental market, with anticipated returns of around £1000 - £1100 per month post-renovation, this property stands out as a worthwhile project for the right buyer.

Key opportunities

  • Strong potential for value increase through extensive renovations
  • Located in a sought-after area with good rental yields
  • Enclosed rear courtyard garden offers outdoor space for improvement

Key risks

  • Overall poor condition requires significant refurbishment
  • Living areas and bedrooms show signs of neglect
  • Kitchen cabinetry is dated and worn

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Map

Location

Chedworth Street, Plymouth, Devon, PL4
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£472
Based on a loan of £93,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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