Connaught Avenue, Plymouth, PL4 7BY - 4 views - 5 months ago
Listed for £450,000
December 24, 2023
Sold for £170,000
2003
INTRODUCING AN EXCEPTIONAL INVESTMENT OPPORTUNITY, Hindhead Property proudly unveils this remarkable 10-bedroom residence teeming with potential. Meticulously refurbished to an impeccable standard throughout, originally conceived to provide housing for a sheltered living provider, this pristine property is a must-see for discerning investors or prospective homeowners.
Boasting 10 generously sized bedrooms, eight featuring en-suite shower rooms and two with private shower facilities, each room is thoughtfully equipped with a convenient kitchenette complete with a fridge and microwave.
Spread across four floors, this property is attractively priced for a swift transaction, and with no onward chain, the opportunity is even more compelling. The ground floor showcases a fully fitted kitchen and a spacious dining area. Nestled in the coveted Mutley PL4 area, in close proximity to Plymouth University, excellent transport connections, and the A38, the property comes complete with a rear garden, an expansive south-facing front garden, and is offered in its present condition.
Priced at a competitive £450,000, seize the moment and contact Louis at to secure your exclusive viewing.
MUTLEY PLAIN is a street in Plymouth, Devon, England. Although Mutley Plain is the main street of the dense suburb called Mutley, the term is often applied to the whole area. The road is a busy dual-carriageway, the B3250, with eight sets of traffic lights/pelican crossings. It was built as a smart tree-lined avenue in late Victorian times and improved over the next half century as a local shopping place for its neighbourhood and the affluent area to the north.
(From Wikipedia, the free encyclopedia).
PLYMOUTH , Britain's Ocean City, is one of Europe's most vibrant waterfront cities. Located by a stunning waterfront and harbour, Plymouth is the perfect place to buy property.
THE FLOOR PLANS are set out as a guideline only and should not be relied upon as a representation of fact. They are intended for information purposes only and are not to scale. Copyright Hindhead Property Limited 2023.
REFERENCE made to any fixtures, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves.
STAMP DUTY LAND TAX or Land and Buildings Transaction Tax may also apply in some circumstances.
For more info please visit:
*UNDER THE ESTATE AGENTS ACT 1979 we must inform you that we are marketing this property on behalf of an employee or relative of an employee of Hindhead Property.
WE ANTICIPATE HIGH DEMAND for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration/ financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please call .
Cash In | |
Deposit (25%) | £112,500 |
Stamp duty & legals | £24,700 |
Total cash in | £137,200 |
| |
Cash Out | |
Room rate | £524 |
Gross rent | £5,240 |
Running costs/mo | £3,570 |
Cashflow/mo | £1,670 |
Cashflow/yr | £20,040 |
ROI | 15% |
Gross yield | 14% |
Population in PL4 | 36,375 |
Population in Plymouth | 238,914 |
Town centre distance | 1.34 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.67 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -25% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +20% |
Sold prices | £160K - £710K |
Sold prices/m² | £982/m² - £3,318/m² |
| |
Square metres | ~310 m² |
Price/m² | £1,452/m² |
Value estimate | £531,019 |
BMV | 18% |
50 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£245K | 08/21 | 0.04 mi | 60, Belgrave Road, Plymouth, City Of Plymouth PL4 7DR | - | - | 4 | Terraced House | |
£220K | 12/20 | 0.09 mi | 23, Lisson Grove, Plymouth, Devon PL4 7DL | £982 | 224 | 4 | Terraced House | |
£320K | 03/21 | 0.1 mi | 22, College Avenue, Plymouth, City Of Plymouth PL4 7AN | - | - | 4 | Terraced House | |
£347.5K | 11/20 | 0.12 mi | 3, Penrose Villas, Plymouth, City Of Plymouth PL4 7BD | £2,213 | 157 | 4 | Detached House | |
£670K | 03/21 | 0.13 mi | Fernleigh Lodge, Fernleigh Road, Plymouth, City Of Plymouth PL3 5AN | - | - | 4 | Semi-Detached House | |
£190K | 07/23 | 0.14 mi | 10, Turret Grove, Plymouth, City Of Plymouth PL4 7BH | £1,624 | 117 | 4 | Terraced House | |
£245K | 02/22 | 0.15 mi | 48, Alexandra Road, Mutley, Plymouth, City Of Plymouth PL4 7JT | - | - | 4 | Semi-Detached House | |
£187.5K | 08/21 | 0.19 mi | 57, Furzehill Road, Plymouth, City Of Plymouth PL4 7LB | £1,425 | 132 | 4 | Semi-Detached House | |
£178.5K | 12/20 | 0.2 mi | 96, Alexandra Road, Mutley, Plymouth, City Of Plymouth PL4 7JU | £1,303 | 137 | 4 | Terraced House | |
£218K | 10/21 | 0.21 mi | 4, Crozier Road, Plymouth, City Of Plymouth PL4 7LN | £2,224 | 98 | 4 | Terraced House | |
£160K | 04/21 | 0.22 mi | 4, Sidmouth Cottages, Plymouth, City Of Plymouth PL4 7LR | - | - | 4 | Terraced House | |
£202K | 05/23 | 0.23 mi | 38, Furzehill Road, Plymouth, City Of Plymouth PL4 7JZ | £1,193 | 169 | 4 | Semi-Detached House | |
£287K | 03/21 | 0.23 mi | 33, Hermitage Road, Plymouth, City Of Plymouth PL3 4RX | £2,158 | 133 | 4 | Terraced House | |
£210K | 06/21 | 0.25 mi | 6, Southern Terrace, Plymouth, City Of Plymouth PL4 7LS | - | - | 4 | Terraced House | |
£225K | 02/23 | 0.26 mi | 35, Prince Maurice Road, Plymouth, City Of Plymouth PL4 7LJ | £1,609 | 140 | 4 | Terraced House | |
£690K | 04/23 | 0.28 mi | 45, Thorn Park, Plymouth, City Of Plymouth PL3 4TF | - | - | 4 | Terraced House | |
£218.5K | 12/20 | 0.3 mi | 16, Cheltenham Place, Plymouth, City Of Plymouth PL4 7DZ | £1,278 | 171 | 4 | Terraced House | |
£355K | 02/21 | 0.3 mi | 40, Thorn Park, Plymouth, Devon PL3 4TE | £2,752 | 129 | 4 | Semi-Detached House | |
£262K | 05/23 | 0.31 mi | 84, Kensington Road, Plymouth, City Of Plymouth PL4 7QJ | £2,519 | 104 | 4 | Terraced House | |
£190K | 11/19 | 0.31 mi | 72, Kensington Road, Plymouth, City Of Plymouth PL4 7QJ | £1,759 | 108 | 4 | Terraced House | |
£447.5K | 03/21 | 0.32 mi | 4, Seymour Park, Plymouth, City Of Plymouth PL3 5BQ | - | - | 4 | Semi-Detached House | |
£475K | 06/21 | 0.34 mi | 56, Compton Avenue, Plymouth, City Of Plymouth PL3 5DA | - | - | 4 | Detached House | |
£670K | 05/23 | 0.34 mi | 26, Compton Avenue, Plymouth, City Of Plymouth PL3 5DA | - | - | 4 | Semi-Detached House | |
£230K | 12/20 | 0.34 mi | 40, Oxford Avenue, Plymouth, Devon PL3 4SQ | £1,855 | 124 | 4 | Terraced House | |
£490K | 05/21 | 0.35 mi | 15, Compton Park Road, Plymouth, Devon PL3 5BU | - | - | 4 | Detached House | |
£445K | 03/23 | 0.35 mi | 100, Mannamead Road, Plymouth, City Of Plymouth PL3 4SZ | £2,514 | 177 | 4 | Semi-Detached House | |
£390K | 12/20 | 0.35 mi | 20, Rockingham Road, Plymouth, City Of Plymouth PL3 5BN | £2,179 | 179 | 4 | Detached House | |
£285K | 02/21 | 0.36 mi | 24, Devon Terrace, Plymouth, City Of Plymouth PL3 4JD | £2,159 | 132 | 4 | Terraced House | |
£245K | 11/19 | 0.36 mi | 35, Salcombe Road, Plymouth, City Of Plymouth PL4 7NE | £1,608 | 152 | 4 | Terraced House | |
£372.5K | 09/21 | 0.37 mi | 1, Trelorrin Gardens, Plymouth, City Of Plymouth PL3 4QD | - | - | 4 | Terraced House | |
£177.5K | 12/20 | 0.38 mi | 10, Edgar Terrace, Plymouth, City Of Plymouth PL4 7HQ | £1,305 | 136 | 4 | Terraced House | |
£247K | 10/21 | 0.38 mi | 10, Wesley Avenue, Plymouth, Devon PL3 4RA | £1,930 | 128 | 4 | Terraced House | |
£275K | 12/20 | 0.39 mi | 16, College View, Plymouth, City Of Plymouth PL3 4JB | £1,545 | 178 | 4 | Terraced House | |
£195K | 05/23 | 0.39 mi | 13, Clifton Place, Plymouth, City Of Plymouth PL4 8HU | £1,667 | 117 | 4 | Semi-Detached House | |
£710K | 02/23 | 0.4 mi | 29, Whiteford Road, Plymouth, City Of Plymouth PL3 5LU | £3,318 | 214 | 4 | Semi-Detached House | |
£269K | 03/21 | 0.41 mi | 125, Lipson Road, Plymouth, City Of Plymouth PL4 7NQ | £1,868 | 144 | 4 | Terraced House | |
£397K | 01/21 | 0.42 mi | 38, Culme Road, Plymouth, City Of Plymouth PL3 5BH | - | - | 4 | Detached House | |
£171K | 01/21 | 0.42 mi | 76, Ashford Crescent, Plymouth, City Of Plymouth PL3 5AD | £1,569 | 109 | 4 | Terraced House | |
£350K | 04/21 | 0.42 mi | 6, Glenhurst Road, Plymouth, City Of Plymouth PL3 5LT | £2,431 | 144 | 4 | Terraced House | |
£220K | 05/21 | 0.43 mi | 5, Peverell Park Road, Plymouth, City Of Plymouth PL3 4LR | £1,583 | 139 | 4 | Terraced House | |
£235K | 02/23 | 0.43 mi | 146, Lipson Road, Plymouth, City Of Plymouth PL4 7NU | £2,097 | 112 | 4 | Terraced House | |
£415K | 06/21 | 0.44 mi | 5, Belle Acre Close, Plymouth, Devon PL3 5DJ | £2,943 | 141 | 4 | Semi-Detached House | |
£218K | 05/23 | 0.44 mi | 3, Beechwood Avenue, Plymouth, City Of Plymouth PL4 6PN | £1,557 | 140 | 4 | Terraced House | |
£260K | 08/23 | 0.45 mi | 1, Hillside Avenue, Plymouth, City Of Plymouth PL4 6PR | £1,605 | 162 | 4 | Terraced House | |
£400K | 06/21 | 0.45 mi | 67, Compton Avenue, Plymouth, City Of Plymouth PL3 5DB | - | - | 4 | Semi-Detached House | |
£350K | 11/21 | 0.49 mi | 96, Lipson Road, Plymouth, City Of Plymouth PL4 8RJ | £2,363 | 148 | 4 | Terraced House | |
£325K | 09/23 | 0.49 mi | 14, Gleneagle Road, Plymouth, City Of Plymouth PL3 5HJ | - | - | 4 | Semi-Detached House | |
£362.5K | 04/21 | 0.49 mi | 19, Eggbuckland Road, Plymouth, City Of Plymouth PL3 5HF | £2,810 | 129 | 4 | Semi-Detached House | |
£275K | 11/21 | 0.5 mi | 20, Diamond Avenue, Plymouth, City Of Plymouth PL4 8QD | - | - | 4 | Terraced House | |
£375K | 05/23 | 0.5 mi | 20, Diamond Avenue, Plymouth, City Of Plymouth PL4 8QD | - | - | 4 | Terraced House |