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Mirador Place, Plymouth PL4

South West

£190,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
857 sqft

Description

Located in a central and highly accessible area, this three-bedroom terraced home offers a promising opportunity for those looking to invest in a property that can be tailored to personal specifications. The residence features spacious living areas, including a sizeable reception room, kitchen, and three well-sized bedrooms, making it an appealing choice for families or first-time buyers. While the property will require modernisation, it presents an excellent blank canvas with significant potential for enhancement and value addition. Externally, the rear garden is generously sized and enjoys sunlight throughout the day, providing a fantastic space for outdoor activities or landscaping improvements. Additionally, off-street parking for two vehicles at the front is a rare advantage in this sought-after locale. With its advantageous position and ample room for upgrades, this home is an outstanding investment opportunity not to overlook.

Investment analysis

(PL4 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£222/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£174
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£187,409
10% above area average per sq ft
Potential ROI
-18.5%
After renovation
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
14%
Properties sold annually

Local Market Trend (PL4)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +8.9%
5 year growth: +14.7%
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

Mirador Place, Plymouth PL4
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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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