Hindhead says ..
Hindhead is proud to present five self-contained apartments to the market. This double fronted mid terrace property is freehold and marketed with tenants in situ. Providing a total net return of £34,284.00 per annum. The property benefits from 4 off-road parking spaces to the rear and pleasa...
Property Oracle says ..
This property in Lipson, Plymouth is a multi-unit residential building, presented as five self-contained apartments, listed at £425,000. Its location in Lipson offers convenient access to schools and Plymouth train station, making it reasonably accessible. However, the immediate surroundings shown in the photos don’t suggest an exceptional neighbourhood. The property’s condition is a mixed bag. While the exterior is structurally sound, showing signs of age, the interior photos reveal inconsistencies. Some apartments appear in decent condition while others appear cluttered, showing a need for cleaning and potentially some modernisation. Notably, there is very little or no outdoor space. The property’s price point is relatively high, though the given rental income suggests a possible rationale for investors. The absence of sqft data for individual apartments and limited information on the state of the property makes a conclusive assessment of value difficult. Potential buyers should thoroughly inspect each apartment to assess the condition and required renovation costs if buying for personal use or rental purposes. The overall picture is a property with a functional location, average condition, and minimal land that may be attractive to investors looking for rental income but should be thoroughly examined before purchasing.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 5
- Bathrooms
- 5
- Sqft (est)
- 2,528.12
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
- 253,125.00 £Increased by 15.55 %
- Est sale value
- 578,939.48 £Increased by 9.05 %
- Average area rental value
- 741.00 £/moIncreased by 14.88 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.51 %Decreased by 0.57 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Hindhead marked this listing as sold.
Hindhead created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Salisbury Road Primary School | Academy Converter | Requires improvement | 0.30 KM |
| Holy Cross Catholic Primary School | Academy Converter | 0.85 KM | |
| Nomony Children'S Centre | Children's Centre | 0.87 KM | |
| Lipson Vale Primary School | Community School | Good | 0.93 KM |
| Lipson Co-Operative Academy | Academy Converter | Requires improvement | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Woodside Lane | £ 0 | 0 | 0.00 KM |
| Queen's Gate Mews | £ 153,333 | 0 | 0.00 KM |
| Queen's Gate Mews | £ 0 | 0 | 0.00 KM |
| Woodside | £ 202,500 | 0 | 0.00 KM |
| Harlow Lane | £ 125,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Plymouth | 3580 | PLY | 1.90 KM |
| Devonport | 3579 | DPT | 4.93 KM |
| Dockyard (Devonport) | 3588 | DOC | 5.54 KM |
| Keyham | 3571 | KEY | 6.08 KM |
| St Budeaux Ferry Road | 3590 | SBF | 7.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lipson Road, Plymouth | £ 112,000 | BUY | 6 / 10 | 0.00 KM |
| Ground Floor Flat, 70 Lipson Road, Lipson, Plymouth, Devon PL4 8RH | £ 60,000 | BUY | 6 / 10 | 0.02 KM |
| Sea View Terrace, St Judes, Plymouth | £ 260,000 | BUY | Unknown | 0.05 KM |
| Lipson Road, Lipson, Plymouth | £ 330,000 | BUY | 5 / 10 | 0.08 KM |
| Sea View Terrace, Lipson, Plymouth | £ 140,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 64 Lipson Road | £ 201,150 | 0.00 KM |
| 70 Lipson Road | £ 38,000 | 0.00 KM |
| 62a Lipson Road | £ 69,000 | 0.00 KM |
| 3 Sea View Terrace | £ 186,000 | 0.04 KM |
| 12 Sea View Terrace | £ 340,000 | 0.04 KM |