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Parsons Close, Plymouth, Devon PL9 - Image 1
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Parsons Close, Plymouth, Devon PL9

South West

£200,000
Listed on 24/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
748 sqft

Description

This two-bedroom semi-detached house is situated in a tranquil residential neighborhood, presenting a solid opportunity for those looking to invest in a property with renovation potential. The interior layout is spacious and adaptable, making it suitable for various living arrangements. The home features both a private garden and off-street parking, along with a garage, which adds to its practicality. Noteworthy is the ground floor layout that includes a generous lounge, kitchen/diner, and conservatory that opens into the enclosed rear garden—a perfect space for outdoor activities. The upstairs hosts two generously sized double bedrooms alongside a family bathroom. While the property boasts great space, it is in need of modernization throughout, allowing buyers the chance to personalize the home and significantly enhance its value. This residence comes with no onward chain, appealing to first-time buyers and investors eager for a project in a desirable location.

Investment Analysis

(PL9 area)

Below Market Value

This property is priced -11.2% below area average per sq ft

-11.2%
Potential saving
This Property
£267/sq ft
Area Average
£301/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£247,663
10% above area average per sq ft
Potential ROI
+5.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 3.2%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on PL9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Parsons Close, Plymouth, Devon PL9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% 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.

Next Steps

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