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Ladysmith Road, Plymouth PL4

South West

£160,000
Listed on 13/08/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
785 sqft

Description

This mid-terraced three-bedroom home offers a solid foundation for renovation and investment in a convenient Plymouth location. The property is chain-free and features gas central heating along with double glazing throughout, making it a practical choice for prospective buyers looking to add their personal touch. Upon entering, you'll find an entrance hall that leads to both the lounge and bathroom. The spacious lounge benefits from natural light filtering in through windows at both the front and rear of the house, creating a welcoming atmosphere. Adjacent to the lounge is the kitchen, which includes a variety of wall and base units, ample counter space, and plumbing for essential appliances. This area has great potential for modernization to enhance functionality and aesthetics. The layout includes three bedrooms on the second floor; two generous doubles provide ample space for furniture, while the third room, slightly smaller, could serve as an ideal nursery or home office. Each bedroom features UPVC double-glazed windows that contribute to energy efficiency and comfort. Although some updates are needed, this property serves as a blank canvas where owners can implement renovations to align with their vision. A noteworthy aspect of this home is its generous south-facing rear garden. The outdoor area is designed for low maintenance with both paved and lawn sections, providing an inviting space for relaxation or recreation. There’s also potential for extension (subject to planning permission), making this property particularly appealing for families who may wish to expand their living space over time. Situated in Mount Gould, this neighborhood boasts proximity to essential amenities such as schools, parks, and shopping facilities while still being only a short distance from Plymouth city center. The nearby Freedom Fields Park adds green space for leisure activities and community events. For those commuting or frequently traveling beyond Plymouth, access to the A38 Devon Expressway ensures excellent connectivity to surrounding areas. Whether you're a first-time buyer seeking a project or an investor looking for a property with strong growth potential in a well-connected area, this home offers numerous opportunities for improvement in both value and lifestyle.

Investment Analysis

(PL4 area)

Above Market Value

This property is priced +5.4% above area average per sq ft

+5.4%
This Property
£204/sq ft
Area Average
£193/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Target Value
£167,001
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Monthly Sales
26
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (PL4)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 10.1%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on PL4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Ladysmith Road, Plymouth PL4
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