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 %
- Est sale value
- 214,434.00 £Increased by 14.46 %
- Average area rental value
- 987.00 £/moIncreased by 16.53 %
- Est letting value
- 752.40 £/mo
- Est rental Yield
- 5.39 %Increased by 21.40 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Lang Town & Country created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Millbay Academy | Free Schools | 0.09 KM | |
| Manor Street Children'S Centre | Children's Centre | 0.27 KM | |
| St Peter'S Cofe Primary School | Academy Converter | 0.46 KM | |
| St Andrew'S Cof E Va Primary School | Voluntary Aided School | Outstanding | 0.55 KM |
| The Cathedral School Of St Mary | Academy Converter | Good | 0.66 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Manor Street | £ 105,000 | 0 | 0.00 KM |
| Harmony Court Stairs | £ 0 | 0 | 0.00 KM |
| Melbourne Place | £ 0 | 0 | 0.00 KM |
| Melbourne Cottages | £ 0 | 0 | 0.00 KM |
| Athenaeum Place | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Plymouth | 3580 | PLY | 1.58 KM |
| Devonport | 3579 | DPT | 2.22 KM |
| Dockyard (Devonport) | 3588 | DOC | 2.92 KM |
| Keyham | 3571 | KEY | 3.76 KM |
| St Budeaux Ferry Road | 3590 | SBF | 5.22 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Millbay Road, Millbay, Plymouth | £ 150,000 | BUY | 6 / 10 | 0.01 KM |
| Phoenix Street, Plymouth | £ 140,000 | BUY | 5 / 10 | 0.07 KM |
| Plymouth, PL1 3DN | £ 180,000 | BUY | 5 / 10 | 0.08 KM |
| Phoenix Street, Millbay, PL1 3DN | £ 150,000 | BUY | 6 / 10 | 0.08 KM |
| Phoenix Street, Millbay, Plymouth | £ 140,000 | BUY | 5 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 57 Millbay Road | £ 320,000 | 0.11 KM |
| 69 Millbay Road | £ 283,000 | 0.11 KM |
| 63 Millbay Road | £ 274,950 | 0.11 KM |
| 71 Millbay Road | £ 335,000 | 0.11 KM |
| 85 Union Street | £ 102,000 | 0.21 KM |