Connells says ..
Opportunity to purchase this A Studio Apartment currently rented achieving a good return, being marketed with no chain, in a central Location close to a host of local amenities and Plymouths University, creating the perfect investment. Book your viewing now!
Property Oracle says ..
This studio apartment on Regent Street, Plymouth, presents itself as a potential investment opportunity, particularly within the student rental market due to its proximity to Plymouth University. The apartment is located in a convenient area, offering access to amenities and transport links, although the precise details of immediate local amenities are not provided.
The condition of the property is fair. It appears clean and functional, but is furnished to a basic standard, with some areas appearing dated or in need of minor refurbishment. The absence of external space is a notable drawback. The lack of sufficient comparable property data makes it difficult to provide a definitive assessment of its value for money, but at £75,000, the asking price seems potentially competitive for the area and target market. Further information regarding the rental income and potential yields associated with the property would be crucial in order to fully assess the overall investment merits. A detailed survey would further inform on the actual condition of the property and may uncover further considerations.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 462.85
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
- 219,909.00 £Decreased by 3.89 %
- Est sale value
- 131,912.25 £Increased by 14.46 %
- Average area rental value
- 987.00 £/moIncreased by 16.53 %
- Est letting value
- 462.85 £/mo
- Est rental Yield
- 5.39 %Increased by 21.40 %
- Crime Rate
- 22.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mount Street Primary School | Academy Sponsor Led | 0.23 KM | |
| Plymouth College Of Art | Higher Education Institutions | Good | 0.24 KM |
| Ace Schools Plymouth | Academy Alternative Provision Converter | Good | 0.35 KM |
| University Of Plymouth | Higher Education Institutions | 0.41 KM | |
| Holy Cross Catholic Primary School | Academy Converter | 0.41 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tavistock Place | £ 0 | 0 | 0.00 KM |
| Sherwell Arcade | £ 0 | 0 | 0.00 KM |
| Charles Street | £ 0 | 0 | 0.00 KM |
| Hick's Lane | £ 0 | 0 | 0.00 KM |
| Friary Retail Park | £ 180,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Plymouth | 3580 | PLY | 1.03 KM |
| Devonport | 3579 | DPT | 3.97 KM |
| Dockyard (Devonport) | 3588 | DOC | 4.61 KM |
| Keyham | 3571 | KEY | 5.24 KM |
| St Budeaux Ferry Road | 3590 | SBF | 6.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Regent Street, Plymouth | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Mayfair House, 59 Regent Street, Plymouth, Devon, PL4 | £ 60,000 | BUY | 5 / 10 | 0.00 KM |
| Regent Street, Plymouth | £ 75,000 | BUY | 4 / 10 | 0.00 KM |
| Regent Street, Plymouth | £ 75,000 | BUY | 4 / 10 | 0.00 KM |
| Regent Street, Plymouth | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Radnor Place | £ 83,000 | 0.13 KM |
| 1 Radnor Place | £ 320,000 | 0.13 KM |
| 10 Radnor Place | £ 285,000 | 0.13 KM |
| 2 | £ 300,000 | 0.13 KM |
| 36 North Street | £ 95,000 | 0.15 KM |