Clever says ..

Property Oracle says ..

This property on Addison Road, Plymouth, presents itself as a substantial, multi-bedroom house, likely suitable for use as a large HMO (House of Multiple Occupancy) due to its 18 bedrooms and 5 bathrooms. Its location in Drake, Plymouth, near Plymouth University, positions it advantageously within a student-populated area. The proximity to Plymouth City Centre and train stations adds further appeal for both students and young professionals.

However, the provided photographs reveal a mixed condition. While some rooms are moderately well-maintained, others show signs of needing improvements in terms of finishes, appliances, and general upkeep. The limited plot size is a significant factor and lack of garden space is worth noting.

The listed price of £750,000 requires further contextualisation. Without precise details on the rental income generated, and given the average prices listed for other nearby properties, a more informed assessment of value is not possible. A comparative market analysis of comparable properties (especially those with similar numbers of bedrooms) with precise property sizes and rental income would assist in validating the list price and therefore the overall value for money for the property. The lack of detailed information in other properties listed however prevents an accurate comparison. This uncertainty about the true value of the property directly impacts the overall assessment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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