Swift Estate Agents says ..

Property Oracle says ..

This six-bedroom property in Plymouth, Devon, is currently listed for £280,000. The listing highlights its ideal location for students, being a short distance from the University of Plymouth, the train station, and Mutley Plain. The property is described as a fully let student HMO investment property. The photos reveal a terraced house which appears to be reasonably well-maintained, though with simple furnishings. The kitchen and bathrooms look recently updated or renovated. Some bedrooms show minor cosmetic issues. No garden space is evident. The lack of square footage data makes a precise price per square foot comparison challenging; however, comparing it to similar properties in the area, especially other HMOs, suggests that the asking price is within the market range for a property of this type and location, particularly given its established rental income potential. Further due diligence is recommended to verify the rental income figures and the property’s overall condition. A potential buyer should also factor in any costs associated with ongoing maintenance and management, especially in relation to its use as a student rental property. This property is likely suitable for an investor seeking a student rental portfolio, but it could potentially be improved with a few strategic upgrades to enhance its overall appeal and rental potential.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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