Kings Tamerton Road, Honicknowle, Plymouth
South West
£185,000
Listed on 08/10/2026
Listed on 08/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
976 sqftFeatures
- Garden
Description
This three-bedroom semi-detached house sits on a large plot, with a rear garden backing onto a nature reserve. The accommodation includes an entrance hall, a lounge open to the dining room, a fitted kitchen, side lobby and separate WC on the ground floor. Upstairs are three bedrooms and a bathroom with a bath and separate electric shower above.
The property has double glazing and gas central heating, with a gas combination boiler noted in the kitchen. The front garden is gravelled, while the large rear garden is currently overgrown and will need clearing. The house is described as requiring updating and improvement, offering scope for refurbishment. The sales particulars are in draft and remain subject to change.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £185,000, this three-bedroom semi is priced around 19.8% below the local average per square foot, making the asking price a clear acquisition opportunity. The open-plan lounge and dining area, large plot and rear garden backing onto a nature reserve give the project some distinctive appeal, while the dated finishes, worn flooring and overgrown garden offer scope to reshape and improve the home. The renovation range is £30,000–£55,000; the midpoint purchase-plus-works figure is close to the implied current local average value, so the numbers call for careful budgeting rather than assuming a ready-made margin.
This is a substantial improvement project: the kitchen ceiling section is damaged, a bedroom ceiling finish is extensively peeling, and the garden needs clearing before its usable layout can be judged. The front elevation appears generally intact, but the available view does not allow the roof condition to be assessed closely.
Key opportunities
- Acquire at about 19.8% below the local average per square foot, with scope to add value through considered improvements.
- Rework the open-plan lounge and dining area and refresh the dated interior finishes to give the three-bedroom home a more cohesive feel.
- Clear and improve the large rear garden to reveal its layout and make better use of its setting beside the nature reserve.
Key risks
- The £30,000–£55,000 works range and damaged ceiling sections make this a substantial budget and programme, not a cosmetic refresh; the roof condition also cannot be assessed closely from the available view.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£699
Based on a loan of £138,750 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.
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