Lisson Grove, Plymouth, Devon
HM

Lisson Grove, Plymouth, Devon

By HMO Sales Expert

£ 250,000

Reviews

2 out of 5 stars

HMO Sales Expert says ..

56 Lisson Grove offers an 12.00% gross yield and a net yield of 8.03%, with a quick add-value opportunity. Located in Plymouth’s PL4 area near the university and major employers, it promises strong tenant demand. With manageable expenses and ongoing city regeneration, it provides solid return pot...

Property Oracle says ..

This five-bedroom, two-bathroom property located in Lisson Grove, Plymouth is currently listed at £250,000. The property is a terraced house, as indicated by nearby listing descriptions. The provided photographs reveal an interior that requires significant refurbishment. Flooring, wall finishes, and kitchen and bathroom fittings all appear dated and require updating. The property's location in the PL4 area of Plymouth places it close to Plymouth University and key employment centers. This geographic advantage may be attractive to students and young professionals, which could translate to strong rental demand. However, it's important to note that the absence of information regarding the plot size (0.00 sqft) suggests a minimal garden or outdoor space. The property's condition suggests potential for property improvement and, therefore, increasing its value. The lack of detailed information for comparable properties in terms of square footage makes accurate price per square foot calculation impossible. However, the asking price appears to fall within a range consistent with other properties in the neighbourhood, accounting for its condition and potential for rental yield. Further investigation into the property's structural integrity and potential costs associated with refurbishment would be necessary for a complete assessment. A professional survey is strongly recommended for prospective buyers. Therefore, we give this property 4 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

Price
7
Condition
4
Location
6
Land
1
Bedrooms
5
Bathrooms
2
Sqft (est)
1,676.10

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • HMO Sales Expert created the listing.

Nearby Schools

NameTypeOfstedDistance
Plymouth High School For GirlsAcademy Converter0.71 KM
Plymouth CollegeOther Independent School0.80 KM
Hyde Park Infants' SchoolAcademy Converter0.82 KM
Hyde Park Junior SchoolAcademy Converter0.86 KM
Mount Street Primary SchoolAcademy Sponsor Led0.91 KM

Images

IMG_5358 IMG_5363 Screenshot 2024-10-30 141318 Screenshot 2024-10-30 141136 Lisson Grove IMG_5362 Screenshot 2024-10-30 141102 IMG_5352

Nearby Streets

NameAverage PriceAverage SqftDistance
Greenbank Road £ 271,25000.32 KM
Greenbank Road £ 127,75000.33 KM
Penrose Villas £ 000.40 KM
Hill Park Crescent £ 000.42 KM
Braidwood Terrace Lane £ 120,00000.43 KM

Nearby Transport

NameNLCTLCDistance
Plymouth3580PLY1.49 KM
Devonport3579DPT4.45 KM
Dockyard (Devonport)3588DOC5.01 KM
Keyham3571KEY5.48 KM
St Budeaux Ferry Road3590SBF6.57 KM

Nearby Listings

AddressPriceScoreDistance
Lisson Grove, Plymouth, Devon £ 250,0004 / 100.00 KM
Lisson Grove, Plymouth. Spacious Property in Mutley. £ 230,000Unknown0.06 KM
Lisson Grove, Plymouth, Devon, PL4 £ 240,0005 / 100.07 KM
Alexandra Road, Mutley £ 110,000Unknown0.07 KM
Alexandra Road, Plymouth £ 120,000Unknown0.07 KM

Nearby Properties

AddressPriceDistance
53 Alexandra Road £ 200,0000.06 KM
57 Alexandra Road £ 240,0000.06 KM
63 Alexandra Road £ 250,0000.06 KM
71 Alexandra Road £ 54,0000.06 KM
77 Alexandra Road £ 79,9500.06 KM