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
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
HMO Sales Expert created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Plymouth High School For Girls | Academy Converter | 0.71 KM | |
Plymouth College | Other Independent School | 0.80 KM | |
Hyde Park Infants' School | Academy Converter | 0.82 KM | |
Hyde Park Junior School | Academy Converter | 0.86 KM | |
Mount Street Primary School | Academy Sponsor Led | 0.91 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Greenbank Road | £ 271,250 | 0 | 0.32 KM |
Greenbank Road | £ 127,750 | 0 | 0.33 KM |
Penrose Villas | £ 0 | 0 | 0.40 KM |
Hill Park Crescent | £ 0 | 0 | 0.42 KM |
Braidwood Terrace Lane | £ 120,000 | 0 | 0.43 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Plymouth | 3580 | PLY | 1.49 KM |
Devonport | 3579 | DPT | 4.45 KM |
Dockyard (Devonport) | 3588 | DOC | 5.01 KM |
Keyham | 3571 | KEY | 5.48 KM |
St Budeaux Ferry Road | 3590 | SBF | 6.57 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
Lisson Grove, Plymouth, Devon | £ 250,000 | 4 / 10 | 0.00 KM |
Lisson Grove, Plymouth. Spacious Property in Mutley. | £ 230,000 | Unknown | 0.06 KM |
Lisson Grove, Plymouth, Devon, PL4 | £ 240,000 | 5 / 10 | 0.07 KM |
Alexandra Road, Mutley | £ 110,000 | Unknown | 0.07 KM |
Alexandra Road, Plymouth | £ 120,000 | Unknown | 0.07 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
53 Alexandra Road | £ 200,000 | 0.06 KM |
57 Alexandra Road | £ 240,000 | 0.06 KM |
63 Alexandra Road | £ 250,000 | 0.06 KM |
71 Alexandra Road | £ 54,000 | 0.06 KM |
77 Alexandra Road | £ 79,950 | 0.06 KM |