Old Priory, Plymouth, Devon, PL7
GR

Old Priory, Plymouth, Devon, PL7

By Greenslade Taylor Hunt

£ 375,000

Reviews

3 out of 5 stars

Greenslade Taylor Hunt says ..

An exciting opportunity to purchase a licenced HMO property which is currently fully let and can be found within a delightful private situation in the sought after town of Plympton. Generating an annual rental income of circa £37,200 per annum (Circa 9.9% Yield).

Property Oracle says ..

This property is a six-bedroom, four-bathroom terraced house located in Plympton, Plymouth. The property is described as a licenced HMO, currently fully let and generating significant rental income, which is a major factor in its valuation. The house appears to be well-maintained, with a blend of modern and period features showcased within. The photographs reveal a modest garden area. The location benefits from being relatively close to schools and potentially to Plymouth city centre, which could appeal to families and those looking for a combination of suburban tranquility and city access. However, the high asking price requires further analysis. In the immediate vicinity, property values fluctuate, making it difficult to definitively assess the list price without more detailed information on comparable properties in terms of size, features, and condition. The potential for rental income, due to its status as a fully let HMO, is a significant factor to consider when evaluating its overall market value. Overall, more detailed local market data is needed for a complete and accurate appraisal.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
4
Bedrooms
6
Bathrooms
4
Sqft (est)
1,596.29

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
265,555.00 £
Decreased by 8.31 %
from 289,627.00 £
Est sale value
582,645.85 £
Increased by 79.80 %
from 324,046.87 £
Average area rental value
1,450.00 £/mo
Increased by 26.53 %
from 1,146.00 £/mo
Est letting value
1,596.29 £/mo
from 0.00 £/mo
Est rental Yield
6.55 %
Increased by 37.89 %
from 4.75 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Greenslade Taylor Hunt created the listing.

Nearby Schools

NameTypeOfstedDistance
Plympton St Mary'S Cofe Infant SchoolAcademy Converter0.20 KM
Old Priory Junior AcademyAcademy ConverterRequires improvement0.22 KM
Plum Tree Children'S CentreChildren's Centre0.79 KM
Boringdon Primary SchoolAcademy Converter0.86 KM
Plympton AcademyAcademy ConverterRequires improvement0.86 KM

Images

Picture No. 05 Picture No. 12 Picture No. 11 Picture No. 02 Picture No. 07 Picture No. 03 Picture No. 04 Picture No. 09 Picture No. 10

Nearby Streets

NameAverage PriceAverage SqftDistance
Kennel Hill £ 220,00000.00 KM
Tommys Lane £ 300,00000.00 KM
St Stephen's Place £ 120,00000.00 KM
Stannary Lane £ 000.00 KM
St Mary's Road £ 280,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Plymouth3580PLY9.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Priory, Plymouth, Devon, PL7 £ 375,000BUY6 / 100.00 KM
Market Road, Plympton, Plymouth, Devon £ 230,000BUYUnknown0.11 KM
Market Road, Plymouth £ 235,000BUY6 / 100.11 KM
Plympton, Plymouth £ 150,000BUY5 / 100.17 KM
Plympton, Plymouth £ 290,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
3 Osmand Gardens £ 195,0000.06 KM
35 Underwood Road £ 33,2500.18 KM
62 Underwood Road £ 192,5000.18 KM
48 Underwood Road £ 225,0000.18 KM
34 Underwood Road £ 325,0000.18 KM