*SOLD, SUBJECT TO CONTRACT BEFORE HITTING THE MARKET! IF YOU ARE LOOKING TO SELL CALL US TODAY FOR YOUR FREE, NO OBLIGATION VALUATION*
Substantial HMO property located in a desirable, central location offering fantastic investment opportunity, Having 11 en-suite Letting Rooms, extremely spacious Communal Living/Dining/Kitchen Area, additional Bathrooms and separate WC's.
Additionally the property benefits from gas fired central heating. double glazing and has been refurbished throughout.
Agent Details
Clever, Plymouth
01752 421911
Next Steps?
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Cashflows
Cash In
Deposit (25%)
£118,750
Stamp duty & legals
£26,700
Total cash in
£145,450
Cash Out
Room rate
£524
Gross rent
£5,764
Running costs/mo
£3,856
Cashflow/mo
£1,908
Cashflow/yr
£22,896
ROI
16%
Gross yield
15%
Stats
Population in PL4
36,375
Population in Plymouth
238,914
Town centre distance
1.75 miles away
Nearest school
0.10 miles away
Nearest train station
0.43 miles away
Rental demand
Tenant's market
Rental growth (12m)
-25%
Sales demand
Buyer's market
Capital growth (5yrs)
+20%
Sold prices
£160K - £375K
Sold prices/m²
£982/m² - £2,549/m²
Square metres
~341 m²
Price/m²
£1,393/m²
Value estimate
£547,794
BMV
15%
Local Sold Prices
50 sold prices
Price
Date
Distance
Address
Price/m²
m²
Beds
Type
£225K
03/20
0.03 mi
6, Nelson Street, Plymouth, City Of Plymouth PL4 8ND
£1,541
146
4
Semi-Detached House
£195K
05/23
0.16 mi
13, Clifton Place, Plymouth, City Of Plymouth PL4 8HU
£1,667
117
4
Semi-Detached House
£275K
11/21
0.22 mi
20, Diamond Avenue, Plymouth, City Of Plymouth PL4 8QD
-
-
4
Terraced House
£375K
05/23
0.22 mi
20, Diamond Avenue, Plymouth, City Of Plymouth PL4 8QD
-
-
4
Terraced House
£218.5K
12/20
0.23 mi
16, Cheltenham Place, Plymouth, City Of Plymouth PL4 7DZ
£1,278
171
4
Terraced House
£223K
12/20
0.27 mi
58, Greenbank Avenue, Plymouth, City Of Plymouth PL4 8PX
£1,458
153
4
Semi-Detached House
£262K
05/23
0.3 mi
84, Kensington Road, Plymouth, City Of Plymouth PL4 7QJ
£2,519
104
4
Terraced House
£190K
11/19
0.3 mi
72, Kensington Road, Plymouth, City Of Plymouth PL4 7QJ
£1,759
108
4
Terraced House
£202K
05/23
0.32 mi
38, Furzehill Road, Plymouth, City Of Plymouth PL4 7JZ
£1,193
169
4
Semi-Detached House
£210K
06/21
0.33 mi
6, Southern Terrace, Plymouth, City Of Plymouth PL4 7LS
-
-
4
Terraced House
£260K
12/22
0.34 mi
36, Welbeck Avenue, Plymouth, City Of Plymouth PL4 6BG
£2,549
102
4
Terraced House
£195K
05/23
0.35 mi
Sea View Cottage, Rear Of Sea View Terrace, Sea View Terrace, Plymouth, City Of Plymouth PL4 8RL
£2,120
92
4
Terraced House
£350K
11/21
0.39 mi
96, Lipson Road, Plymouth, City Of Plymouth PL4 8RJ
£2,363
148
4
Terraced House
£160K
04/21
0.39 mi
4, Sidmouth Cottages, Plymouth, City Of Plymouth PL4 7LR
-
-
4
Terraced House
£187.5K
08/21
0.4 mi
57, Furzehill Road, Plymouth, City Of Plymouth PL4 7LB
£1,425
132
4
Semi-Detached House
£270K
05/22
0.41 mi
13, Chaddlewood Avenue, Plymouth, City Of Plymouth PL4 8RE
£2,093
129
4
Detached House
£160K
05/20
0.41 mi
13, Chaddlewood Avenue, Plymouth, City Of Plymouth PL4 8RE
£1,240
129
4
Terraced House
£218K
05/23
0.41 mi
3, Beechwood Avenue, Plymouth, City Of Plymouth PL4 6PN
£1,557
140
4
Terraced House
£180K
09/20
0.42 mi
37, Sea View Avenue, Plymouth, City Of Plymouth PL4 8RU
£1,192
151
4
Semi-Detached House
£255K
09/22
0.42 mi
37, Sea View Avenue, Plymouth, City Of Plymouth PL4 8RU
£1,689
151
4
Semi-Detached House
£245K
02/22
0.42 mi
48, Alexandra Road, Mutley, Plymouth, City Of Plymouth PL4 7JT
-
-
4
Semi-Detached House
£247.5K
04/22
0.42 mi
9, Hamilton Gardens, Plymouth, City Of Plymouth PL4 6PQ
£1,489
166
4
Semi-Detached House
£218K
10/21
0.43 mi
4, Crozier Road, Plymouth, City Of Plymouth PL4 7LN
£2,224
98
4
Terraced House
£261K
01/23
0.43 mi
22, Cranbourne Avenue, Plymouth, City Of Plymouth PL4 8RT
£2,486
105
4
Terraced House
£166K
10/21
0.43 mi
17, Cranbourne Avenue, Plymouth, City Of Plymouth PL4 8RT
£1,328
125
4
Terraced House
£220K
12/20
0.45 mi
23, Lisson Grove, Plymouth, Devon PL4 7DL
£982
224
4
Terraced House
£225K
02/23
0.45 mi
35, Prince Maurice Road, Plymouth, City Of Plymouth PL4 7LJ
£1,609
140
4
Terraced House
£245K
11/19
0.45 mi
35, Salcombe Road, Plymouth, City Of Plymouth PL4 7NE
£1,608
152
4
Terraced House
£210K
10/21
0.46 mi
36, Cecil Avenue, Plymouth, City Of Plymouth PL4 8SG
-
-
4
Terraced House
£178.5K
12/20
0.47 mi
96, Alexandra Road, Mutley, Plymouth, City Of Plymouth PL4 7JU
£1,303
137
4
Terraced House
£260K
08/23
0.47 mi
1, Hillside Avenue, Plymouth, City Of Plymouth PL4 6PR
£1,605
162
4
Terraced House
£269K
03/21
0.48 mi
125, Lipson Road, Plymouth, City Of Plymouth PL4 7NQ
£1,868
144
4
Terraced House
£183K
01/21
0.49 mi
8, Cecil Avenue, Plymouth, Devon PL4 8SF
-
-
4
Terraced House
£160K
02/23
0.49 mi
18, Desborough Road, Plymouth, City Of Plymouth PL4 9PL
£1,053
152
4
Terraced House
£245K
08/21
0.49 mi
60, Belgrave Road, Plymouth, City Of Plymouth PL4 7DR
-
-
4
Terraced House
£235K
02/23
0.5 mi
146, Lipson Road, Plymouth, City Of Plymouth PL4 7NU
£2,097
112
4
Terraced House
£190K
07/23
0.53 mi
10, Turret Grove, Plymouth, City Of Plymouth PL4 7BH
£1,624
117
4
Terraced House
£263.5K
11/21
0.53 mi
41, Craven Avenue, Plymouth, City Of Plymouth PL4 8SL
-
-
4
Terraced House
£235K
02/20
0.56 mi
60, Ladysmith Road, Plymouth, City Of Plymouth PL4 7NL
£1,567
150
4
Semi-Detached House
£347.5K
11/20
0.56 mi
3, Penrose Villas, Plymouth, City Of Plymouth PL4 7BD
£2,213
157
4
Detached House
£177K
09/21
0.56 mi
53, Grenville Road, Plymouth, City Of Plymouth PL4 9PY
£1,405
126
4
Terraced House
£320K
03/21
0.58 mi
22, College Avenue, Plymouth, City Of Plymouth PL4 7AN
-
-
4
Terraced House
£275K
12/20
0.58 mi
16, College View, Plymouth, City Of Plymouth PL3 4JB
£1,545
178
4
Terraced House
£250K
12/20
0.59 mi
11, Edith Avenue, Plymouth, City Of Plymouth PL4 8TH
£1,534
163
4
Terraced House
£215K
06/21
0.59 mi
17, Bayswater Road, Plymouth, City Of Plymouth PL1 5BU
£2,514
86
4
Terraced House
£247.5K
07/23
0.6 mi
8, Cleveland Road, Plymouth, City Of Plymouth PL4 9DF
£2,380
104
4
Terraced House
£188.3K
12/20
0.6 mi
22, Holdsworth Street, Plymouth, City Of Plymouth PL4 6NN
£1,530
123
4
Terraced House
£162.5K
11/22
0.61 mi
31, Ilbert Street, Plymouth, City Of Plymouth PL1 5AA
£2,167
75
4
Terraced House
£265K
04/21
0.61 mi
8, Neath Road, Plymouth, City Of Plymouth PL4 8TF
£1,256
211
4
Terraced House
£285K
02/21
0.62 mi
24, Devon Terrace, Plymouth, City Of Plymouth PL3 4JD