5, Collin Close, PLYMOUTH, Devon, PL5 1QG

Description

Freehold semi-detached house arranged over ground and first floors. Accommodation: First floor: Three bedrooms Ground floor: Reception room/dining room, kitchen, bathroom/WC Outside: Private section of rear garden Gross Internal Area (GIA): (Source: EPC) 72 sq m (775 sq ft)

Location

The property is situated on Collin Close between its junctions with Shelley Way and Florence Street. Public transport links include St Budeaux Victoria Road and St Budeaux Ferry Road mainline rail stations together with a network of local bus services from Victoria Road and surrounding streets serving the surrounding vicinity. Road links include the A38 and Tamar Bridge, giving access towards Cornwall and the wider Devon road network. Shopping amenities can be found locally within St Budeaux with an extensive range of shops, bars and restaurants being found in Plymouth city centre. Recreational pursuits can be found locally at the open spaces of Victoria Park and the nearby riverside walks along the River Tamar.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆