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Kensington Road, Greenbank, Plymouth PL4 - Image 1
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Kensington Road, Greenbank, Plymouth PL4

South West

£190,000
Listed on 17/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1389 sqft

Description

This three-bedroom terraced home is located in the sought-after Greenbank neighborhood, known for its proximity to the City Centre and Plymouth University. With no onward chain, this property presents a promising opportunity for those looking to invest in renovation or create a personalized living space. The home is arranged over three levels, offering versatile layout options suited for various lifestyles. Upon entering, you'll find an entrance hall leading to a bright living room and a bathroom that was previously used as a dining area. This space retains potential for reconfiguration, allowing new owners to make it their own. At the lower ground level, the spacious kitchen/dining area benefits from sliding doors that open directly onto the rear garden. This feature creates a seamless indoor-outdoor flow and serves as a perfect setting for both daily activities and entertaining. A separate WC on this level adds further practicality. On the first floor, there are three bedrooms — two spacious doubles and a single room — which can accommodate families, guests, or serve as a home office. Each room offers ample natural light and can be tailored to meet your needs. The rear garden is designed for low maintenance, featuring patio and gravel areas that provide an inviting outdoor space for relaxation or gatherings. While the property requires refurbishment throughout, it stands as an excellent canvas for buyers looking to make their mark in a vibrant location with strong rental demand and growth potential. The blend of practical features with renovation potential makes this property an intriguing investment opportunity in Greenbank.

Investment Analysis

(PL4 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£137/sq ft
Area Average
£193/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Target Value
£295,419
10% above area average per sq ft
Potential ROI
+24.4%
After renovation
Monthly Sales
34
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (PL4)

Area prices are rising by +7.4% over the last 12 months
3 year growth: 10.4%
5 year growth: 28.0%
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

Kensington Road, Greenbank, Plymouth PL4
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