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Devon

Plymouth
development finance.

Expert property development finance in Plymouth, Devon. Median price £220,000, 3,051 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£220k
Sales (12m)
3,051
YoY change
0%
Devon sandy beach coastline

Plymouth, Devon

Property finance
in Plymouth.

Plymouth - naval port city with waterfront regeneration, two universities, and affordable development land. With a median property price of £220,000 and 3,051 transactions in the last twelve months, Plymouth represents a active market.

Detached homes command a median of £390,000 while flats average £132,500, reflecting the breadth of Plymouth's residential market. Terraced houses sit at £210,000, offering developers a range of scheme types from conversions to ground-up residential.

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.

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
£220,000
Sales (12m)
3,051
YoY change
Flat
Pipeline units
512
Pipeline GDV
£110.8M

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

Total Cost£1,954,500
Senior Debt (65% LTGDV)£1,071,850
Equity Required£882,650
Interest (18m)£120,583
Profit on Cost-20.5%
Senior Debt£1,071,850
Equity£882,650

Land Registry data

Recent property sales
in Plymouth.

3,051 residential transactions in the last twelve months. Median sold price £220,000. 4 new-build transactions with a +4.5% premium over existing stock.

Detached

£390,000

Semi-Detached

£263,000

Terraced

£210,000

Flat

£132,500

DateAddressTypePrice
30 Jun 202629, SLATELANDS CLOSEPL7 1XJSemi-Detached£330,000
29 Jun 202642, TITHE ROADPL7 4QQSemi-Detached£372,500
26 Jun 202611, BAYDON CLOSEPL6 5QWTerraced£265,000
26 Jun 202617, HIGHCLERE GARDENSPL6 7EASemi-Detached£270,000
25 Jun 2026127, ST PANCRAS AVENUEPL2 3TLFlat£87,000
25 Jun 20263A, TEATS HILL FLATSPL4 0LXFlat£128,000
25 Jun 202627, BERESFORD STREETPL2 3AJTerraced£300,000
25 Jun 202614, COLNE GARDENSPL3 6EGTerraced£192,500
25 Jun 202665, GREEN PARK ROADPL9 9HUSemi-Detached£382,500
24 Jun 202665, COOMBE WAYPL5 2HATerraced£175,000

Planning pipeline

Planning activity
in Plymouth.

180 residential applications awaiting decision
·520 units in pipeline·£112.1M estimated GDV

Current Applications

RefProposalUnitsEst. GDVStatus
26/01109/MOR

Pre-app discussions for amendments to the scheme and boundary treatment relating…

90 - 92 Outland Road Plymouth PL2 3DE

--Pending
26/01093/MOR

Pre-application for obtaining listed building consent for works on the roof and …

Flat 4, 13 - 17 Western College Road Plymouth PL4 7AG

--Pending
26/01083/FUL

Installation of EV charger to facilitate pavement channel charging

2 Forest Avenue Plymouth PL2 3QD

--Pending
26/01082/FUL

Demolition of buildings; and associated structural works, excavation of ground a…

Devonport Dockyard Saltash Road Keyham Plymouth PL1 4SG

--Pending
26/01076/FUL

Partial retrospective application for new outbuilding

283 Fort Austin Avenue Plymouth PL6 5ST

--Pending

Source: HM Land Registry price paid data, 12 months to August 2026 · Plymouth City Council planning register, retrieved August 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?
The median property price in Plymouth is £220,000, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £390,000, semi-detached properties at £263,000, terraced houses at £210,000, flats at £132,500.
Is Plymouth a good area for property development?
Plymouth recorded 3,051 property transactions in the last 12 months. Naval port city with waterfront regeneration, two universities, and affordable development land. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Plymouth?
We arrange the full range of property development finance in Plymouth: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Plymouth?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Plymouth?
Development finance rates for Plymouth projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £1.6M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Plymouth,
Devon.

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.