Your Move says ..

Property Oracle says ..

This three-bedroom terraced house located on Welbeck Avenue in Plymouth, Devon, is marketed at £220,000. Its proximity to Plymouth University makes it a potentially attractive investment opportunity for student accommodation, as indicated by nearby similar properties listed as student rentals and investment options. The property’s proximity to the train station and multiple well-regarded schools adds to its desirability.

However, the property shows its age. The provided photographs reveal a dated interior requiring some level of renovation. The kitchen, for example, appears functional but is not modern. Other areas of the house show varying levels of wear. This may require a substantial investment of time and money in order to bring the property up to a modern standard. The small rear garden provides some outdoor space, although it is paved and relatively modest in size.

The listed price of £220,000 needs further context. Several other three-bedroom terraced homes on Welbeck Avenue are listed for prices ranging from £54,000 to £235,000 showing a significant price range. Without more detailed information about the size and features of comparable properties, it is difficult to assess whether £220,000 represents excellent value. The high cost of similar student properties could justify this price, however, a full internal and external inspection to check the property’s structure, facilities and any possible maintenance needs would be necessary to accurately assess this properties value.

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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