Summary - 14 DIEPPE CLOSE PLYMOUTH PL1 4DE
3 bed 1 bath Maisonette
Three-bedroom auction opportunity for cash buyers and hands-on investors..
Three-bedroom maisonette, approx. 817 sq ft over two floors
Sold at auction with short lease — cash buyers only
Currently let with tenant in situ
No onward chain; sale via Modern Method of Auction
1960s system-built block; external insulation present
Low ceilings and dated internal finishes — refurbishment likely
Higher-crime, very deprived area — consider rental profile impact
Buyer pays reservation fee and auction-related charges
This ground-floor, two-storey maisonette in Devonport offers a compact three-bedroom layout across approximately 817 sq ft, sold with no onward chain and currently let. The property will be offered at auction with a short lease, so it's most suitable for cash buyers or investors prepared to manage a lease-extension or redevelopment.
Practical features include a separate living room, a kitchen on the ground floor, and three first-floor bedrooms with a bathroom. Construction dates from the 1950s–1960s in a system-built block with external insulation and double glazing installed before 2002. Heating is mains gas via boiler and radiators; mobile signal and broadband speeds are good.
Important drawbacks are material and transactional: the property is leasehold with a short lease (cash buyers only at auction), sold with a tenant in situ, and the buyer will face auction fees including a non-refundable reservation fee. The block’s mid-terrace, low-ceiling rooms and dated finishes mean refurbishment will likely be required to maximise rental or resale value. The local area is classified as very deprived with higher crime levels, which may affect tenant profiles and rental yields.
For the right buyer this is a value-driven opportunity: budget-conscious investors can secure a three-bedroom unit in a city location near schools, transport and amenities. Expect to factor in lease negotiation, refurbishment costs and the auction timetable when calculating total investment and exit strategies.
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