Summary -
14B,Molesworth Road,Stoke,Plymouth,PL1 5LZ
PL1 5LZ
1 bed 1 bath Ground Maisonette
Bright, low-cost city flat with parking and strong rental potential.
Share of freehold (33.333%) with very long lease, minimal ownership costs
This well-presented one-bedroom ground-floor maisonette sits in a Victorian terrace close to Victoria Park, local shops and pubs. The home has been newly renovated since 2020, with fresh decoration, a new electric shower and PVC windows; the boiler is around ten years old and due its annual service. Accommodation includes a large double bedroom, bright living space and a generous kitchen-diner formed by a 1970s extension. EPC rating C.
Ownership is straightforward: a long lease (c. 990 years remaining) with a 33.333% share of the freehold, and no ground rent or management fees. Off-street parking and access to a shared garden/courtyard add practical value in this central location. Rental estimates of about £800pcm suggest a gross yield around 8–9% at the asking price, making it suitable for buy-to-let buyers as well as owner-occupiers seeking low-running-cost city living.
Buyers should note material local and property considerations. The wider area is classified as deprived and local crime rates are above average; the plot is small. Council tax information is listed as very cheap but should be confirmed by buyers. All services, boundaries and legal details should be independently verified before purchase.
Overall this is a low-maintenance, characterful city flat with clear investment potential and simple ownership costs, balanced by local area issues that will matter to some buyers.
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