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Third Avenue, Billacombe, Plymouth PL9 - Image 1
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Third Avenue, Billacombe, Plymouth PL9

South West

£300,000
Listed on 27/12/2025

Property Details

Bedrooms
1
Type
Detached house
Area
960 sqft

Description

This detached bungalow offers a unique opportunity for those looking to invest in a property with significant potential in the desirable area of Plymstock. Occupying a substantial plot, the bungalow features an expansive living room and a double bedroom, both providing ample space for customization. The kitchen is equipped with basic amenities and enjoys dual aspect windows, while the bathroom includes both a walk-in shower and a bath, presenting an ideal starting point for updates. The large extension currently serving as a workshop boasts impressive skylights and could be transformed into additional living space or even more bedrooms. Outside, the generous driveway accommodates multiple vehicles and the sizeable rear garden adds to the appeal, offering numerous possibilities for landscaping or further extensions. This property is perfect for buyers seeking to create their dream home through thoughtful renovations.

Investment Analysis

(PL9 area)

Above Market Value

This property is priced +3.0% above area average per sq ft

+3.0%
This Property
£313/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£320,443
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PL9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 6.7%
5 year growth: 16.2%
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

Third Avenue, Billacombe, Plymouth 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
£1,099
Based on a loan of £225,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE