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1/15
£250,000
Offers in excess of

4 bed house for sale Derry Avenue, Mutley, Plymouth

4 beds House
Freehold

Added on 16/09/2026

About this property

SUMMARY ***Prime Investment Opportunity*** Ideally situated on the prestigious Derry Avenue, this substantial mid-terrace period property represents a premier acquisition within Plymouth's thriving academic heart. Its strategic proximity to the University of Plymouth campus ensures it remains a cornerstone of the local rental market, perfectly positioned to capitalize on the consistent demand for high-quality student accommodation. LOCATION Mutley is one of Plymouth's most energetic and eclectic neighbourhoods.

Key features

  • Prime Academic Location
  • Current Rental Income £26,000 Gross P/A
  • 26/27 academic year Income £29,600 Gross P/A
  • Four Generous Double Bedrooms
  • Dual Bathroom Facilities
  • Refined Communal Space
  • Versatile Asset Potential
  • Proven Market Desirability
  • Council Tax Band B
  • EPC Rating D

Floorplan

Price guide

This home
£223 / sq ft
Area average (sold)
£205 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£223 per sq ft, above the middle of recent sales in PL4 (£139–£274, 10th–90th percentile, 791 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 791 homes sold in PL4 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in PL4 →

Location

Derry Avenue, Mutley, Plymouth, PL4 6BH

Council tax
Band B (Approx £1,899/year)

Mortgage and stamp duty

Property price £250,000
£125k £375k
Deposit10% £25,000
£0 £250k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in PL4 6BH. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
9, Derry Avenue TerracedMar 20261,302 sq ft £203/sq ft£265,000
38, Derry Avenue TerracedNov 20241,259 sq ft £179/sq ft£225,000
28, Derry Avenue TerracedDec 20231,389 sq ft £204/sq ft£283,000
6, Derry Avenue Semi-detachedDec 20221,485 sq ft £180/sq ft£267,000
44, Derry Avenue TerracedFeb 20221,281 sq ft £203/sq ft£260,000
3, Derry Avenue TerracedSept 20211,109 sq ft £196/sq ft£217,600
Ground Floor Flat, 17, Derry Avenue Flat / maisonetteAug 2021657 sq ft £174/sq ft£114,000
First Floor Flat, 17, Derry Avenue Flat / maisonetteAug 2021657 sq ft £174/sq ft£114,000

All sales on Derry Avenue → All sold prices in Plymouth →

Area insights

The neighbourhood around this property.

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