Milehouse Road, Plymouth. NOW UNDER OFFER !! One Bedroom First Floor Flat in Need of Full Refurbishement.
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Milehouse Road, Plymouth. NOW UNDER OFFER !! One Bedroom First Floor Flat in Need of Full Refurbishement.

By Falcon Properties

£ 75,000

Reviews

2 out of 5 stars

Falcon Properties says ..

This property is now UNDER OFFER ! This one-bedroom top-floor flat offers an exciting opportunity for those looking to take on a renovation project. Situated in a well-established area of Plymouth, the flat is in need of full refurbishment, making it the perfect canvas for someone looking to crea...

Property Oracle says ..

This property is a one-bedroom first-floor flat located on Milehouse Road in Plymouth, Devon. The listing explicitly states that the property is in need of full refurbishment. The accompanying photographs strongly support this assertion, showing significant damage and deterioration throughout the interior, including the kitchen, bathroom, and living spaces. The floors and walls require extensive work. The exterior of the building, though partially visible, appears to be a typical terraced house in need of some maintenance, and the garden space is very limited. The property’s strategic location near schools and train stations could be advantageous once renovated. However, the significant investment required for complete refurbishment, including potentially addressing structural issues, must be carefully considered. The list price, considering the extent of the necessary renovation, is somewhat reasonable in the Plymouth market, albeit the risk and effort are also high. A potential buyer should conduct a thorough survey to assess any unseen damage or necessary structural work before committing to purchase. Overall, it’s a high-risk, high-reward opportunity suited to someone with significant renovation experience, time and budget. The property needs complete modernisation, and the cost of this must be factored in before making an offer. The value will lie mostly in the property’s location.

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
3
Location
6
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
644.76

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
308,693.00 £
Increased by 9.77 %
from 281,218.00 £
Est sale value
196,651.80 £
Increased by 25.51 %
from 156,676.68 £
Average area rental value
1,292.00 £/mo
Increased by 17.03 %
from 1,104.00 £/mo
Est letting value
644.76 £/mo
from 0.00 £/mo
Est rental Yield
5.02 %
Increased by 6.58 %
from 4.71 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Falcon Properties marked this listing as sold.

  • Falcon Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Scott Medical And Healthcare CollegeStudio SchoolsGood0.39 KM
Stoke Damerel Community CollegeAcademy ConverterRequires improvement0.40 KM
Ford Primary SchoolAcademy Converter0.80 KM
Stuart Road Primary SchoolAcademy Converter0.96 KM
Stoke Damerel Primary SchoolAcademy ConverterGood0.99 KM

Images

Living Room Living Room Kitchen Front Front Landing Bedroom Bathroom Garage Garage Garage

Nearby Streets

NameAverage PriceAverage SqftDistance
Church Street £ 280,00000.00 KM
The Elms £ 000.00 KM
Allenby Road £ 175,00000.00 KM
Elmcroft £ 000.00 KM
Valletort Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Devonport3579DPT1.26 KM
Dockyard (Devonport)3588DOC1.67 KM
Plymouth3580PLY2.08 KM
Keyham3571KEY2.15 KM
St Budeaux Ferry Road3590SBF3.43 KM

Nearby Properties

AddressPriceDistance
44 Milehouse Road £ 95,0000.01 KM
50 Milehouse Road £ 220,0000.01 KM
72 Milehouse Road £ 230,0000.01 KM
86 Milehouse Road £ 249,9500.01 KM
66 Milehouse Road £ 200,0000.01 KM