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South West
£125,000
Listed on 25/08/2026
Listed on 25/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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