Lisson Grove, Plymouth. Spacious Property in Mutley.
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Lisson Grove, Plymouth. Spacious Property in Mutley.

By Falcon Properties

£ 230,000

Reviews

2 out of 5 stars

Falcon Properties says ..

GUIDE PRICE £230,000 - £240,000 A fantastic opportunity to purchase this spacious investment property located just off of Mutley Plain, bringing in an annual income of £27,000. The property would also be suitable to be changed back into a spacious 3 double bedroom family hom...

Property Oracle says ..

This property in Lisson Grove, Plymouth, presents a mixed bag of features. Its location in Mutley offers convenience to local amenities and transportation links, with schools also being within reasonable proximity. This makes it potentially attractive for families or students. The five-bedroom layout suggests suitability for a larger family, or possibly as a rental property for multiple tenants, which appears to be how it is currently utilized. However, the photographs show a property that, while habitable, could benefit from some degree of modernization and potential renovation. The kitchen and bathroom, in particular, appear dated. Furthermore, while a small rear yard is present, it is not a sizable garden. In summary, the property offers potential, but the need for renovations, limited land size and limited detailed comparable property data necessitates a cautious approach when assessing it. The price seems relatively competitive based on comparable listed properties in the immediate area, particularly when factoring in the described rental income potential. Overall, it requires careful consideration by a potential buyer in terms of both its current state and potential for improvement.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
3
Bedrooms
5
Bathrooms
2
Sqft (est)
1,330.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
332,250.00 £
Increased by 4.68 %
from 317,391.00 £
Est sale value
438,900.00 £
Increased by 22.22 %
from 359,100.00 £
Average area rental value
769.00 £/mo
Increased by 6.81 %
from 720.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.78 %
Increased by 2.21 %
from 2.72 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Falcon Properties marked this listing as sold.

  • Falcon Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Plymouth High School For GirlsAcademy Converter0.65 KM
Plymouth CollegeOther Independent School0.75 KM
Hyde Park Infants' SchoolAcademy Converter0.77 KM
Hyde Park Junior SchoolAcademy Converter0.81 KM
Mount Street Primary SchoolAcademy Sponsor Led0.88 KM

Images

Photo 1 Photo 2 Photo 4 Photo 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Southern Terrace Lane East £ 000.00 KM
Alexandra Villas Lane £ 000.00 KM
Kensington Place £ 000.00 KM
Ivydale Road Lane West £ 000.00 KM
Southern Terrace Lane West £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Plymouth3580PLY1.43 KM
Devonport3579DPT4.39 KM
Dockyard (Devonport)3588DOC4.94 KM
Keyham3571KEY5.42 KM
St Budeaux Ferry Road3590SBF6.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lisson Grove, Plymouth. £ 120,000BUY7 / 100.00 KM
70 Lisson Grove , Mutley, Plymouth, Devon PL4 7DN £ 175,000BUY6 / 100.01 KM
Lisson Grove, Plymouth £ 230,000BUY6 / 100.01 KM
Lisson Grove, Plymouth £ 260,000BUY5 / 100.01 KM
Lisson Grove, Mutley, Plymouth £ 300,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
50 Lisson Grove £ 146,0000.01 KM
22 Lisson Grove £ 270,0000.01 KM
36 Lisson Grove £ 262,6000.01 KM
54 Lisson Grove £ 193,0000.01 KM
28 Lisson Grove £ 325,0000.01 KM