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Southway Drive, Plymouth PL6

South West

£169,950
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
786 sqft

Description

This two-bedroom mid-terrace home in Southway offers a canvas for those looking to personalize and enhance their living space. While the property requires modern updates throughout, it presents a unique opportunity for both first-time buyers and investors eager to undertake a renovation project. The interior features a spacious lounge that provides ample natural light through a bay window, enhancing its inviting atmosphere. The kitchen/dining area at the rear is particularly roomy, ideal for reconfiguration to create an open-plan layout if desired. Upstairs, you'll find two double bedrooms, each with good proportions and potential for built-in storage solutions. Additionally, the bathroom is equipped with essential amenities but could benefit from contemporary refinements. One of the property’s appealing aspects is the well-sized, south-westerly facing rear garden. This outdoor space basks in sunlight during the afternoon and evening, presenting excellent possibilities for gardening enthusiasts or those envisioning an outdoor entertainment area. The surrounding neighborhood is established and family-friendly, with convenient access to shops, schools, and public transport links—factors that enhance both lifestyle and investment potential. With solid features such as uPVC double glazing and gas central heating already in place, this home provides a reliable foundation from which to build value through modernization. Given its size and position within a desirable area, this property represents a promising investment opportunity for those looking to capitalize on future gains through thoughtful renovations.

Investment Analysis

(PL6 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£216/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£16,995 - £42,488
10-25% of property value
Target Value
£246,887
10% above area average per sq ft
Potential ROI
+16.2%
After renovation
Monthly Sales
31
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (PL6)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 2.4%
5 year growth: 25.5%
Investment Disclaimer: Analysis based on PL6 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

Southway Drive, Plymouth PL6
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