Devon
Plymouth
development finance.
Expert property development finance in Plymouth, Devon. Median price £220,496, 4,400 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £220k
- Sales (12m)
- 4,400
- YoY change
- +0.2%
Property finance
in Plymouth.
Plymouth - naval port city with waterfront regeneration, two universities, and affordable development land. With a median property price of £220,496 and 4,400 transactions in the last twelve months, Plymouth represents a active market with prices up 0.2% year-on-year.
Detached homes command a median of £390,000 while flats average £132,000, reflecting the breadth of Plymouth's residential market. New-build activity is notable, with 28 new-build transactions recorded over the past year - a signal of active development demand.
Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Plymouth and the wider Devon area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.
The capital stack
Seven funding routes for
every Plymouth scheme.
Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Plymouth developers on the deal, not the product sheet.
Development Finance
Senior debt funding for ground-up residential and commercial developments.
Mezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
Bridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
Equity & Joint Ventures
Equity partnerships and JV structures for developers seeking capital partners.
Refurbishment Finance
Funding for light and heavy refurbishment projects including conversions.
Commercial Mortgages
Long-term finance for commercial property acquisition and refinancing.
Development Exit Finance
Short-term funding to repay development finance while you sell completed units.
Live market data
Plymouth
market snapshot.
HM Land Registry sold-price data for Plymouth over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £220,496
- Sales (12m)
- 4,400
- YoY change
- +0.2%
- Approved (recent)
- 76
- Pipeline units
- 853
- Pipeline GDV
- £166.2M
Plymouth development appraisal
Model the numbers
for your scheme.
Pre-populated with Plymouth median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.
Scheme Inputs
Pre-populated with Plymouth median prices. Adjust to match your scheme.
Build cost pre-filled at £2,330/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →
Capital Structure
Land Registry data
Recent property sales
in Plymouth.
4,400 residential transactions in the last twelve months. Median sold price £220,496 (+0.2% YoY). 28 new-build transactions with a +21.6% premium over existing stock.
Detached
£390,000
Semi-Detached
£260,000
Terraced
£210,000
Flat
£132,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 26 Aug 2026 | 68, WEST DOWN ROADPL2 3HG | Semi-Detached | £320,000 | Freehold |
| 25 Aug 2026 | 14, PLYMTREE DRIVEPL7 4LX | Detached | £448,000 | Freehold |
| 24 Aug 2026 | 101, UNDERLANEPL7 1QY | Detached | £407,500 | Freehold |
| 21 Aug 2026 | 15, WATERLOO STREETPL4 8LY | Terraced | £110,000 | Freehold |
| 21 Aug 2026 | 182, PEVERELL PARK ROADPL3 4QE | Terraced | £395,000 | Freehold |
| 21 Aug 2026 | 24, TURRET GROVEPL4 7BJ | Terraced | £241,500 | Freehold |
| 21 Aug 2026 | 45, ENDSLEIGH PARK ROADPL3 4NH | Terraced | £295,000 | Freehold |
| 21 Aug 2026 | 16, WOLVERWOOD CLOSEPL7 1XU | Terraced | £153,100 | Freehold |
| 21 Aug 2026 | 55, CATTEDOWN ROADPL4 0PL | Terraced | £235,000 | Freehold |
| 21 Aug 2026 | 21, ELM GROVEPL7 2BW | Detached | £400,000 | Freehold |
Planning pipeline
Planning activity
in Plymouth.
Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 25/01614/FUL | Demolition of 2 and 4 Powisland Drive and erection of a three-storey extension t… Near PL6 8AE | 0 | - | Pending | 01/10/2026 |
| 26/00728/FUL | Change of use from offices to four houses in multiple occupation (Class C4) with… Near PL2 1BH | 0 | - | Pending | 25/09/2026 |
| 26/01247/PRUS | Change of use from dwelling (Class C3) to supported living accommodation (Class … Near PL3 5HJ | 0 | - | Pending | 25/09/2026 |
| 26/00484/FUL | Three-storey detached dwelling with integral garage (1 parking space) Near PL2 1BA | 1 | £390,000 | Pending | 22/09/2026 |
| 26/01151/PRUS | Proposed use as dwellinghouse (Class C3) Near PL4 6PA | 1 | £220,496 | Pending | 22/09/2026 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/01314/FUL | Change of use of ground-floor builder's office/store (Sui Generis) and first-flo… Near PL4 7DF | 1 | £132,000 | Pending | 21/09/2026 |
| 26/01312/EXUS | Establish existing use of the property as an 8-bed HMO (Sui Generis) Near PL4 7JG | 0 | - | Pending | 18/09/2026 |
| 26/01285/FUL | Change of use from offices (Class E) to house in multiple occupation (Sui Generi… Near PL2 1RW | 0 | - | Pending | 14/09/2026 |
| 26/01274/EXUS | Establish use as 5-bed HMO (Class C4) Near PL1 5BX | 0 | - | Pending | 11/09/2026 |
| 26/01253/FUL | Conversion of loft to 1no. flat (Class C3), inc. rear dormer extension Near PL4 6EX | 1 | £132,000 | Pending | 09/09/2026 |
Source: HM Land Registry price paid data, 12 months to October 2026 · Plymouth planning register, retrieved October 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Common questions
Property finance in Plymouth
— answered.
What is the average property price in Plymouth?
Is Plymouth a good area for property development?
What types of property finance are available in Plymouth?
How do I apply for development finance in Plymouth?
What are typical development finance rates in Plymouth?
Expert guides
Further reading
on development finance.
How Much Does a Monitoring Surveyor Cost? Fees Explained
9 min read readValuation Fees for Development Projects: RICS Red Book Costs Explained
8 min read readThe Cost Approach to Valuation: When Lenders Use Build Cost Methods
12 min read readEnvironmental Searches for Development Finance: Contamination Risks
10 min read readWhere we fund
Plymouth,
Devon.
Nearby markets
Adjacent towns
we also fund.
Exeter
Median · £300,000
Cathedral city with university-driven growth, biomedical hub, and significant eastern expansion at Cranbrook
Torquay
Median · £225,000
English Riviera resort with premium seafront values and hotel-to-residential conversion opportunities
Newton Abbot
Median · £293,250
South Devon market town with major housing growth areas and commuter appeal to Exeter
Barnstaple
Median · £286,250
North Devon's largest town with regional service centre role and tourism-adjacent economy
Tiverton
Median · £280,000
Mid-Devon market town with new A361 improvements and growing residential demand
Exmouth
Median · £320,000
Coastal town with Exe estuary waterfront and growing appeal from Exeter commuters
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your development finance enquiry in Plymouth and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.