Summary - 109 BUDSHEAD ROAD PLYMOUTH PL5 2PJ
2 bed 1 bath Semi-Detached Bungalow
Freehold two-bed bungalow with tenant in situ — auction sale, rental income and garden, EPC F26.
Freehold two-bedroom semi-detached bungalow with front and rear gardens
This freehold two-bedroom semi-detached bungalow in PL5 is being offered at an unconditional livestream auction, presented as an ongoing investment with a tenant in situ. The property generates £7,380pa on an Assured Shorthold Tenancy, giving an immediate income stream for a buyer comfortable with buy-to-let ownership and auction completion terms.
The layout includes a porch, 7.3m living/dining room, kitchen, conservatory and two bedrooms; accommodation has been extended to the rear and sits on a decent plot with front and rear gardens. Practical positives include double glazing (post-2002), mains gas central heating with boiler and radiators, good access to the A38 and fast broadband and excellent mobile signal — useful for modern tenants.
Buyers should note material negatives plainly: the EPC is very low (F26) and will likely require energy upgrades; the property is offered with a sitting tenant so vacant possession is not available; the conservatory shows dated decor and potential moisture concerns; and the sale is unconditional at auction with an administration fee of £1,200 payable on exchange. The wider area scores as deprived and the overall size is small, so resale or owner-occupier appeal is limited.
This lot will suit investors seeking an immediate lettings return and a property with scope for energy and cosmetic improvement. Review the legal pack and tenancy details before bidding, and factor in upgrade costs to improve EPC and long-term rental value.
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