Martin & Co says ..
This spacious and well-located property presents an exceptional opportunity for investors, featuring eight individual studio flats, each offering strong rental potential. With a projected rental income of over £67,200 per annum.
Property Oracle says ..
This property in Mount Gould, Plymouth, is presented as an investment opportunity, comprising eight individual studio flats. The listing highlights a significant projected rental income of over £67,200 per annum. However, the photographs depict a property in clear need of extensive renovation. Damage to walls, outdated fixtures, and general disrepair are visible throughout. The lack of a garden is a further consideration. The location, whilst not central to Plymouth, offers reasonable access to schools and the railway station, but details regarding shops and other local amenities are lacking. The list price needs careful analysis in relation to the extensive refurbishment requirements, with consideration given to the viability of the projected rental income, and the current market conditions for similar properties in the area. The information provided allows for a tentative assessment, but thorough property inspection and professional valuation are vital before any potential purchase decision.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 8
- Bathrooms
- 8
- Sqft (est)
- 1,424.71
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
- 326,258.59 £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
- 10.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Salisbury Road Primary School | Academy Converter | Requires improvement | 0.33 KM |
| Lipson Vale Primary School | Community School | Good | 0.64 KM |
| Lipson Co-Operative Academy | Academy Converter | Requires improvement | 0.64 KM |
| Nomony Children'S Centre | Children's Centre | 1.03 KM | |
| Prince Rock Primary School | Academy Converter | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Harlow Lane | £ 125,000 | 0 | 0.00 KM |
| Lincoln Avenue | £ 210,000 | 0 | 0.00 KM |
| Cecil Avenue | £ 135,000 | 0 | 0.00 KM |
| St Dunstan's Terrace | £ 0 | 0 | 0.00 KM |
| Woodside Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Plymouth | 3580 | PLY | 2.18 KM |
| Devonport | 3579 | DPT | 5.21 KM |
| Dockyard (Devonport) | 3588 | DOC | 5.80 KM |
| Keyham | 3571 | KEY | 6.33 KM |
| St Budeaux Ferry Road | 3590 | SBF | 7.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mount Gould, Plymouth | £ 190,000 | BUY | 4 / 10 | 0.00 KM |
| Lipson Avenue, Plymouth | £ 260,000 | BUY | 7 / 10 | 0.03 KM |
| Lipson Avenue, Plymouth, PL4 8SQ | £ 280,000 | BUY | Unknown | 0.04 KM |
| Lipson, Plymouth | £ 325,000 | BUY | 5 / 10 | 0.04 KM |
| Lipson, Plymouth | £ 190,000 | BUY | 4 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Mount Gould Road | £ 245,000 | 0.05 KM |
| 20 Mount Gould Road | £ 325,000 | 0.05 KM |
| 8 Mount Gould Road | £ 129,000 | 0.05 KM |
| 24 Mount Gould Road | £ 300,000 | 0.05 KM |
| 12 Mount Gould Road | £ 188,000 | 0.05 KM |