Millbay Road, Millbay, Plymouth
LA

Millbay Road, Millbay, Plymouth

By Lang Town & Country

£ 250,000

Reviews

2 out of 5 stars

Lang Town & Country says ..

'Cargo 2' is a contemporary development in the heart of the Millbay regeneration area, only a moment's walk from King Point Marina, School of Creative Arts and the emerging new waterside. The historic Royal William Yard, The Hoe and The Barbican are all also within easy walking distance.

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Millbay, Plymouth is presented in excellent condition. The property is situated within a modern development, as evidenced by the building’s exterior and the modern amenities shown in the interior photos. The apartment appears to be light and airy, with modern fixtures and fittings throughout. The kitchen is modern and functional, and the bathrooms are sleek and well-equipped. The apartment also features a balcony, offering some outdoor space and views.

The location is a significant advantage, with proximity to the waterfront, a local convenience store, and several schools. The proximity to Plymouth city centre means residents can easily access a wide range of amenities, shops, and transport options. This makes the property attractive to a range of buyers, including professionals, young couples, and investors.

However, a key limitation is the lack of private outdoor space beyond the balcony. The apartment is a flat within a larger development and offers little to no land or garden. This could be a drawback for families or those seeking a more traditional property. The price of £250,000 appears competitive for a modern, well-located apartment of this size in Millbay. The absence of comprehensive nearby property price-per-square-foot data prevents a more precise evaluation of value, though comparing it to other listings shows it’s in line with the general market, taking into account its characteristics. Buyers should carefully consider their individual needs and priorities before making an offer, specifically the trade-off between the property’s modern condition and prime location versus the lack of significant outdoor space.

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
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
752.40

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
219,909.00 £
Decreased by 3.89 %
from 228,809.00 £
Est sale value
214,434.00 £
Increased by 14.46 %
from 187,347.60 £
Average area rental value
987.00 £/mo
Increased by 16.53 %
from 847.00 £/mo
Est letting value
752.40 £/mo
from 0.00 £/mo
Est rental Yield
5.39 %
Increased by 21.40 %
from 4.44 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Lang Town & Country created the listing.

Nearby Schools

NameTypeOfstedDistance
Millbay AcademyFree Schools0.09 KM
Manor Street Children'S CentreChildren's Centre0.27 KM
St Peter'S Cofe Primary SchoolAcademy Converter0.46 KM
St Andrew'S Cof E Va Primary SchoolVoluntary Aided SchoolOutstanding0.55 KM
The Cathedral School Of St MaryAcademy ConverterGood0.66 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Manor Street £ 105,00000.00 KM
Harmony Court Stairs £ 000.00 KM
Melbourne Place £ 000.00 KM
Melbourne Cottages £ 000.00 KM
Athenaeum Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Plymouth3580PLY1.58 KM
Devonport3579DPT2.22 KM
Dockyard (Devonport)3588DOC2.92 KM
Keyham3571KEY3.76 KM
St Budeaux Ferry Road3590SBF5.22 KM

Nearby Listings

AddressPriceTypeScoreDistance
Millbay Road, Millbay, Plymouth £ 150,000BUY6 / 100.01 KM
Phoenix Street, Plymouth £ 140,000BUY5 / 100.07 KM
Plymouth, PL1 3DN £ 180,000BUY5 / 100.08 KM
Phoenix Street, Millbay, PL1 3DN £ 150,000BUY6 / 100.08 KM
Phoenix Street, Millbay, Plymouth £ 140,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
57 Millbay Road £ 320,0000.11 KM
69 Millbay Road £ 283,0000.11 KM
63 Millbay Road £ 274,9500.11 KM
71 Millbay Road £ 335,0000.11 KM
85 Union Street £ 102,0000.21 KM