Miller Countrywide says ..

Property Oracle says ..

This two-bedroom terraced house located on Fleet Street in Devonport, Plymouth, presents a mixed bag of advantages and disadvantages for potential buyers.

The property’s key strength lies in its location. Proximity to well-rated primary schools and multiple train stations enhances its appeal. This creates a convenient and family-friendly environment. Moreover, the closeness to Plymouth Dockyard may attract buyers due to employment possibilities. However, potential buyers should be prepared for the characteristics of the immediate surroundings. Terraced homes generally mean limited privacy and communal aspects to consider.

In terms of condition, the property shows its age. While structurally sound from the images provided, the décor, kitchen, and bathroom are outdated and in need of refurbishment or renovation. This will add significant costs to purchasing this property for a prospective buyer. The current condition indicates the need for a thorough modernisation, which will be a considerable expense. The need for these improvements should be accounted for in a budget.

The most significant drawback is the lack of outdoor space. The property does not feature a garden making it less suitable for families who may value outdoor areas. This can be a disadvantage for potential buyers, significantly affecting the overall value proposition.

Overall, this property presents a potential investment for first-time buyers or investors who are willing to undertake renovations. Its location is a strong selling point, and the price is relatively reasonable. However, potential buyers need to carefully factor in the costs and time involved in the required modernisation works as well as the limitations due to the small plot size.

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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