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Wellington Street, Greenbank PL4

South West

£220,000

Listed on 26/05/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This spacious four-bedroom mid-terraced townhouse, set over four levels in the desirable Greenbank area of Plymouth, is an excellent canvas for those looking to invest or renovate. While the property requires a comprehensive refurbishment throughout, it showcases generous living spaces and retains several attractive period features. With two bathrooms and ample accommodation, this home holds significant potential for redesigning into a modern family residence or a profitable rental unit. The ground floor offers a welcoming entrance hallway leading to a sizable lounge with high ceilings and large windows that invite natural light, presenting opportunities for creating an inviting social space. The rear kitchen, while functional, is ripe for updating to meet contemporary standards. The first floor comprises a spacious double bedroom and a family bathroom with potential for modernization. Two additional bedrooms occupy the second floor, including another roomy double that could be ideal for sharing or as a study space. The top level boasts an extra bedroom with its own bathroom and useful eaves storage typically found in townhouses. Externally, the property benefits from traditional architectural appeal and is conveniently located near local amenities, public transport links, parks, and educational institutions. This no-chain offering presents an exciting opportunity to transform a charming townhouse within one of Plymouth's most sought-after areas.

Investment Analysis

(PL4 area)
Area Average
£200/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +10.2%
5 year growth: +17.9%
Investment Disclaimer: Analysis based on PL4 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

Wellington Street, Greenbank PL4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£785
Based on a loan of £165,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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