Frogmore Avenue, Austin Farm, Plymouth(Image: @ Atwell Martin)

Five two-bedroom Plymouth houses you can buy for less than £199,000

by · PlymouthLive

The provisional average price paid by first-time buyers (FTB) in Plymouth was £199,000 in August 2024, according to the Office for National Statistics (ONS). This was 2.2% higher than the revised August 2023 average of £194,000.

According to Zoopla’s house price index (HPI), first-time buyers are on track to be the biggest buyer cohort in 2024, accounting for 36% of all sales in the UK. This is followed by existing homeowners buying with a mortgage (31%).

The rapid growth in rents and the decline in mortgage rates have shifted the renting vs buying dynamics and supported more FTB purchases. The average mortgage repayments for a typical UK FTB home are 17% cheaper than renting, compared to a difference of just 2% a year ago, when mortgage rates were higher.

Zoopla’s research indicated that half of first-time buyers outside of London are looking to buy a three-bedroom houses, as the more affordable end of this market is still in reach for many households, especially for those looking to add value to their homes. The second most popular choice for buying a home is two-bedroom houses or flats.

Here are five houses in Plymouth which are less than the average first-time buyer asking price.

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Beech Avenue, Cattedown, Plymouth

This well-presented end of terrace property has a lounge with bay window which is open plan to the dining room. A hallway, kitchen and shower room complete the ground floor. On the first floor are two double bedrooms.(Image: @ Bradleys Estate Agents)
The property has a private rear courtyard garden. This property also has previous planning permission for an extension to the first floor. It’s for sale with Bradleys on 01752 260400. Guide price £190,000-200,000.(Image: @ Bradleys Estate Agents)

Frogmore Avenue, Austin Farm, Plymouth

This recently renovated property is a showcase of impeccable design and comfort. The two double bedrooms offer ample space, complemented by a modern kitchen diner that is perfect for hosting gatherings or simply enjoying a quiet meal. The property is complete with feature fireplaces and a sun room to the rear, adding a touch of elegance to the space.(Image: @ Atwell Martin)
With close proximity to schools and local amenities, convenience is at your fingertips. The 90ft south-facing garden is a private oasis where you can unwind and enjoy the outdoors. This property is on the market with Atwell Martin on 01752 202121. Asking price £195,000.(Image: @ Atwell Martin)