Julian Marks says ..

Property Oracle says ..

This property listing presents a unique investment opportunity in Plymouth’s Barbican area. The listing showcases a Grade II listed bonded warehouse converted into five apartments and a commercial unit currently operating as a hair and beauty salon. The property’s prime location on Vauxhall Street offers a blend of historical charm and modern convenience. The interior photographs show a well-maintained and contemporary aesthetic, although some viewers may find the modern interiors somewhat clash with the traditional external stonework. The images reveal a well-designed living space, functional kitchen, and stylish bathroom. The inclusion of a commercial unit adds to the potential rental income or additional business opportunities. However, the listing lacks precise square footage data for the individual apartments, which could hamper a conclusive valuation analysis. Furthermore, the absence of private outdoor space, or even a shared garden could be seen as a limitation by some potential buyers. The lack of clear information about potential shared costs, maintenance responsibilities, and the age of renovations and appliances should also be considered before making a purchase decision. Overall, the property shows significant potential and is suitable for a range of investors or buyers seeking income potential and a stylish residence in a sought-after historic location. However, detailed due diligence is needed, and potential buyers should carefully assess associated costs and ensure full clarity around the specifics of the ownership and management of the building before committing to the purchase.

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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