Summary - Connaught Avenue, Plymouth PL4 7BY
2 bed 1 bath Flat
Large two-double-bedroom basement flat near Mutley Plain — renovation project for cash buyers or investors..
- Two spacious double bedrooms, generous room sizes
- Basement flat in Victorian terraced building with period features
- Full renovation required; services and finishes untested
- 74-year lease; mortgage lenders may refuse (cash buyers only)
- Access to communal rear garden; outdoor space needs landscaping
- High local crime and area deprivation; consider security costs
- Council tax very cheap; ground rent £50 per year
- Excellent mobile signal and fast broadband; good for tenants
Positioned a short walk from Mutley Plain, Plymouth University and the city centre, this basement two-bedroom flat offers clear renovation potential in a busy student and professional neighbourhood. The property benefits from two double bedrooms, generous room sizes and access to a communal rear garden — useful extras for rental or reconfiguration.
This is a project rather than a move-in home: the flat requires a full renovation, including an untested heating and services, and likely internal upgrades. The building retains Victorian character such as bay windows and high ceilings, which can be used to add value once refurbished.
Buyers should note a materially short lease (74 years) and that mortgage lenders may refuse borrowing; the sale is therefore for cash buyers only. The area records higher crime and local deprivation, so factor security and tenant demand into any plans. EPC to follow; an independent survey is strongly recommended.
For investors or buyers prepared to renovate, the location and room sizes create good scope to increase value and rental income, especially for student or professional lets. Expect to budget for full refurbishment and lease-extension or lender checks before committing.
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