Swift Estate Agents says ..

Property Oracle says ..

This six-bedroom property on Welbeck Avenue in Plymouth is presented as a student investment opportunity. Its prime location close to Plymouth University and the city centre is a significant advantage, ensuring high rental demand. The property seems to have undergone some renovations, evidenced by the modern kitchen and flooring visible in the photos. However, further information on the property’s condition, specifically regarding the bedrooms and bathrooms, would be beneficial. The inclusion of a large kitchen/communal area is a positive feature, appealing to student tenants. The lack of information regarding plot size or garden is a drawback. The list price needs more context for a comprehensive analysis. Considering that the current market has shown a high demand for student housing in this area, the stated price may be competitive. However, a detailed survey and valuation would be needed to fully assess the property’s value for money. The available data suggests a potentially sound investment, particularly if the rental yield is indeed as high as claimed (£37,000 annually). It’s crucial for potential buyers to independently verify rental income projections and conduct their own due diligence before purchasing.

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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