Instantly explore your home, road, or area

Transaction history

Listing history

Property Description

Our analysis

Welcome to Flat 1 237 Lipson Road, Plymouth, a cozy and compact terraced type home with 5 bed in the PL4 7ES area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built 1900-1929 and has a reported internal area of 30.51 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £292,500 and a rental potential of £1,901 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Oct 18, 2015. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" This investment property comprises five self contained flats that are let on individual Assured Shorthold tenancies. The gross rental income is £23,880 per annum which represents at return of 7.4% . The tenants are responsible for the payment of their own utility bills, council tax and broadband. The building as been well maintained by the current owner and because the flats are self contained it does not require an HMO license. Flat 1 - let at £395 pcm Bed sitting room, kitchen/diner, shower room Flat 2 let at £325 pcm Small flatlet comprising bed sitting room, kitchen, shower room Flat 3  - let at £ 470 pcm Large flat comprising large Living room with open plan kitchen, bedroom, shower room Flat 4  - let at £330 pcm Open plan studio with separate shower room Flat 5  - let at £ 470 pcm A large flat comprising open plan living room/kitchen, Bedroom and shower ?room The appeal of the property is that it produces a healthy return with little day to day input from the owners unlike student properties. ?The building has been managed by Falcon Lettings and the flats have all proven to be readily lettable which helps to guarantee a steady income stream.  FREEHOLD  - because the property is divided into flats traditional buy to let mortgages are not available unless you are an established professional landlord. "

Property Data

Schools and stations

Comparable properties

These open in a new tab.

Strengths and Opportunities

Pro Tip: With Mouseprice Pro you can use strengths and suggestions as area search filters.

There's even more data available!

View this property with your 7 day free trial

Limited time offer: Secure your 7-day free trial before it's gone!

There is no obligation, no catch. No need to extend to a paid subscription once your time elapses. Result!

Breadcrumbs

• House Prices →
• Devon →
• Plymouth →
• Lipson Road →
• This property

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Plymouth, Devon Torpoint, Cornwall Saltash, Cornwall Looe, Cornwall Liskeard, Cornwall Launceston, Cornwall Lifton, Devon Callington, Cornwall Gunnislake, Cornwall Tavistock, Devon Yelverton, Devon Ivybridge, Devon Lostwithiel, Cornwall Fowey, Cornwall Par, Cornwall St. Austell, Cornwall Wadebridge, Cornwall Padstow, Cornwall Port Isaac, Cornwall Bodmin, Cornwall Camelford, Cornwall Delabole, Cornwall Tintagel, Cornwall Boscastle, Cornwall