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Ground Floor Flat, 54 Wolsdon Street, Plymouth, Devon PL1 5EN

Marketed by:

Auction House South West

Auction House South West

2 Cattedown Rd, Plymouth PL4 0EG, UK

01752 474200

For Sale

1 Bed Ground Floor Flat - Ground Floor Flat, 54 Wolsdon Stre

Ground Floor Flat, 54 Wolsdon Street, Plymouth, Devon PL1 5EN

For Sale

£50,000+

Key Features


  • 1 Bed Ground Floor Flat

  • Guide price £50,000+

  • Lot 42

  • Current status: For Sale

  • Suggested strategy: Buy-to-Let


Description


1 Bed Ground Floor Flat at Ground Floor Flat, 54 Wolsdon Street, Plymouth, Devon PL1 5EN. Offered in Auction House South West's livestream auction on 9 September 2026. Current catalogue status: For Sale.


Location


The property is located at Ground Floor Flat, 54 Wolsdon Street, Plymouth, Devon PL1 5EN. Mapping coordinates are populated from the full postcode/address area rather than the broad postcode district.


Investment Analysis


Investment Snapshot


Guide Price

£50,000+

Refurbishment / Works Budget

HB indicative £5,000–£15,000

Purchase + Works

£55,000–£65,000

Estimated GDV / Value

£60,000–£75,000

Estimated Private Rent

£600–£850 pcm

Potential Annual Rent

£7,200–£10,200 pa

Gross Yield on Guide

14.4%–20.4%

Suggested Strategy

Buy-to-Let


Strategy Recommendation


Initial strategy: Buy-to-Let. Set a maximum bid after checking the legal pack, condition, finance, local rents and comparable sales.


Works Required


Obtain a survey and contractor quotations. Allow for services testing, compliance, decoration and property-specific structural, roofing, damp, kitchen, bathroom, external or development works.


Rental & Market Context


HB figures are indicative appraisal ranges. Verify achievable rent, demand, voids, management costs and resale values using current local evidence.


Sold within approximately 5 miles


Check recent Land Registry sales and closely matched local comparables for type, size, tenure and condition before bidding.


Potential BRRR Position


Refinance potential depends on completed condition, lender valuation, tenure and rental stress testing. Development and commercial assets require specialist lender criteria.


Flip Analysis


Indicative gross spread before transaction and finance costs is approximately £-5,000–£20,000. This is not profit and excludes SDLT, fees, finance, holding costs, professional fees, contingency, selling costs and tax.


Investor Risks & Due Diligence


  • Read the full legal pack and special conditions

  • Verify tenure, occupancy, planning and title restrictions

  • Inspect condition and obtain contractor quotations

  • Confirm finance and insurance availability

  • Verify rents and recent sold comparables

  • Allow for buyer premium, administration charges and disbursements


Recommendation


Proceed only where the verified total project cost supports the intended buy-to-let strategy with adequate contingency and margin.


Strategy Rating


Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆


Auction Details : 

Auction House South West

Auction Date : 

09/09/26

Lot Number : 

042

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

Ground Floor Flat, 54 Wolsdon Street, Plymouth, Devon PL1 5EN

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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