Lipson Road, Plymouth, Devon, PL4
By Miller Countrywide
£ 245,000
Reviews
2 out of 5 stars
Miller Countrywide says ..
Situated within walking distance to the Plymouth University and Mutley Plain is this five bedroom HMO terraced house, that is currently let for the next academic year producing £26,500 per annum. The accommodation breifly comprises of five letting rooms, stunning kitchen diner a...
Property Oracle says ..
This four-bedroom, two-bathroom property located on Lipson Road in Plymouth is listed at £245,000. The property’s location offers proximity to Plymouth University and Mutley Plain, making it potentially attractive to students and young professionals. The presence of nearby schools, although with mixed Ofsted ratings, is a further positive aspect. However, the property’s condition appears to require some updating and modernisation, with dated fixtures and fittings visible in the photos. The garden is overgrown and needs significant work. The lack of square footage information makes a definitive price assessment challenging. The property’s potential as an HMO is a factor to consider, but this potential should be weighed against the additional responsibilities and potential risks associated with renting to multiple tenants. Overall, the property presents a mixed picture, with its location and potential as an HMO being offset by its condition and the need for improvements. Further investigation into the property’s square footage and a professional survey are recommended before making a purchase decision. The price point needs careful consideration in relation to the necessary improvements and the current market conditions in Plymouth.
Therefore, we give this property 5 / 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
- 3
- Bedrooms
- 4
- Bathrooms
- 2
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
- 229,475.00 £Increased by 9.15 %
- Average area rental value
- 830.00 £/moIncreased by 5.33 %
- Est rental Yield
- 4.34 %Decreased by 3.56 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Miller Countrywide created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lipson Co-Operative Academy | Academy Converter | Requires improvement | 0.40 KM |
| Lipson Vale Primary School | Community School | Good | 0.40 KM |
| Salisbury Road Primary School | Academy Converter | Requires improvement | 0.63 KM |
| Prince Rock Primary School | Academy Converter | 1.23 KM | |
| Sweet Peas Peverell Children'S Centre | Children's Centre | 1.31 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lincoln Avenue | £ 210,000 | 0 | 0.00 KM |
| Elm Crescent | £ 0 | 0 | 0.00 KM |
| Ashford Hill | £ 0 | 0 | 0.00 KM |
| Harlow Lane | £ 125,000 | 0 | 0.00 KM |
| Ashford Road Lane North | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Plymouth | 3580 | PLY | 2.32 KM |
| Devonport | 3579 | DPT | 5.34 KM |
| Dockyard (Devonport) | 3588 | DOC | 5.91 KM |
| Keyham | 3571 | KEY | 6.40 KM |
| St Budeaux Ferry Road | 3590 | SBF | 7.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lipson Road, Plymouth, Devon, PL4 | £ 245,000 | BUY | 5 / 10 | 0.00 KM |
| Lipson Road, Lipson, Plymouth | £ 270,000 | BUY | Unknown | 0.00 KM |
| Kelvin Avenue, Plymouth | £ 140,000 | BUY | 5 / 10 | 0.07 KM |
| Kelvin Avenue, Lipson | £ 130,000 | BUY | 5 / 10 | 0.09 KM |
| Lipson Vale, Plymouth, Devon, PL4 7HE | £ 210,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 194 Lipson Road | £ 175,000 | 0.00 KM |
| 190 Lipson Road | £ 155,500 | 0.00 KM |
| 198 Lipson Road | £ 81,000 | 0.00 KM |
| 158 Lipson Road | £ 60,000 | 0.00 KM |
| 170 Lipson Road | £ 125,000 | 0.00 KM |