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Wanstead Grove, Plymouth, Devon PL5

South West

£200,000
Listed on 29/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
914 sqft

Description

This 3-bedroom house presents a promising opportunity for those looking to engage in a renovation project. While it currently requires modernization, the property features essential updates such as uPVC double glazing and gas central heating, providing a solid foundation for future enhancements. The layout is practical, featuring a downstairs WC for convenience, along with a rear garden that offers potential for landscaping or outdoor living improvements. The driveway accommodates two vehicles and includes a garage, adding value and functionality. Situated in a location with access to local amenities and transport links, this property not only allows for personal customization but also represents an attractive investment. Its ability to be transformed into a modern family home or rental property positions it well within the evolving market. Whether you are an experienced renovator or someone looking to create a space that reflects your style, this house is ripe with potential.

Investment Analysis

(PL5 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£219/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Target Value
£234,208
10% above area average per sq ft
Potential ROI
-6.3%
After renovation
Monthly Sales
25
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (PL5)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 11.1%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on PL5 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

Wanstead Grove, Plymouth, Devon PL5
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