According to the public record, Ground Floor Flat, 50, Pennycross Park Road, Plymouth is a period leasehold apartment and with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 50, Pennycross Park Road, Plymouth, PL2.
Pennycross Park Road, Plymouth, PL2 is located within the PL2 postal district.
Ground Floor Flat, 50, Pennycross Park Road, Plymouth has 51 entries in the Land Registry database, most recently in May 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Ground Floor Flat 50 Pennycross Park Road Plymouth as £124,450 and the rental value as £664 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Ground Floor Flat 50 Pennycross Park Road Plymouth has increased by £6,021 (4.8%) and its rental value has increased by £21 per month (3.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Ground Floor Flat, 50, Pennycross Park Road, Plymouth is in very good condition we estimate a sale value of £130,672 and rental value of £697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,738 and a rental value of £617 per month.
If you were able to purchase this property for the estimated value of £124,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £612 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Ground Floor Flat, 50, Pennycross Park Road, Plymouth was last sold on 26 May 2020 for £98,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2020, the market for similar properties has risen 24.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 50, Pennycross Park Road, Plymouth within a radius of 419m over the last 2 years.
The most recent example is 48, Corporation Road, Plymouth, PL2 3NT, a Leasehold flat which sold for £106,000 in May 2022.
Read more about house prices in PL2.
Pennycross Park Road, Plymouth, PL2 has a total of 61 addresses. According to our analysis of all the public data, Ground Floor Flat, 50, Pennycross Park Road, Plymouth is the 58th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in PL2.
Ground Floor Flat, 50, Pennycross Park Road, Plymouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 50, Pennycross Park Road, Plymouth is Plymouth station which is 2.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Ground Floor Flat, 50, Pennycross Park Road, Plymouth, 28.2% of property is privately owned with a mortgage and 26.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Ground Floor Flat, 50, Pennycross Park Road, Plymouth, 18.5% of residents are recorded as possessing school level qualifications and 28.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Ground Floor Flat, 50, Pennycross Park Road, Plymouth, the average age was 40.4 and the most common age was 32.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Ground Floor Flat, 50, Pennycross Park Road, Plymouth, 0.9% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Ground Floor Flat, 50, Pennycross Park Road, Plymouth, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.