Property

On course for auction

Auctioneers have hailed ‘possibly the most stand-out residential development opportunity currently on the market’ in the Plymouth area.

The lot going under the hammer is a garage workshop in a prime riverside position with planning consent for a three-bedroom house.

From its elevated position next to 861 Wolseley Road, Saltash Passage, it has glorious views directly over the...

Best price bar none

A former restaurant and bar with three flats on the upper floors in Plymouth smashed its freehold guide price when it sold for £251,000 at auction.

The character premises at 42-44 Bretonside was among the West Country lots listed for sale by the regional land and property auctioneers Clive Emson Auctioneers.

Fierce bidding pushed the final figure up well beyond its guide of £...

Landlords told to sort out properties

More landlords are being told to sort their property as part of the Council’s Operation Restore.

‘Untidy Land’ notices are being posted out on the following sites ordering the owners to carry out works necessary to improve the buildings’ appearance to an acceptable degree.

They are

• God TV revival prayer centre, Union Street • C103 Club Union Street • Victoria Snooker...

Tenants safer under new law

New fire safety measures will help save the lives of tenants and ensure all rented property is equipped with a smoke alarm, Housing Minister Brandon Lewis said today.

From today (1 October), landlords will be required by law to install smoke and carbon monoxide alarms in their properties, under new Government measures coming into force.

It is estimated this could help prevent...

SW renters could fall foul of rogue landlords

New research has today revealed the shocking numbers of private renters in the South West suffering at the hands of a rogue landlord, with approximately 80,000 experiencing an act by their landlord that could have resulted in legal action.

The survey by Shelter and YouGov revealed alarming reports from renters including landlords threatening, harassing or assaulting them, cutting off...

Call for support to get first-time buyers on property ladder

The RICS (Royal Institution of Chartered Surveyors) is calling for more to be done to help young first time buyers better understand the process of buying a property, starting with increasing their access to knowledge of the local housing market.

This news comes after a survey conducted by NatWest revealed that while optimistic about getting on to the property ladder; many ‘millennials...

New co-working hub for Plymouth

Thrive Hubs, an innovative network of co-working hubs, is due to officially open its door for business for the first time in Plymouth in three weeks, thanks to the completion of its first project in Ocean Crescent.

“The interest shown by the business community during and after the Plymouth Business Show gave the whole team a massive boost. We have always passionately believed we are...

Lack of properties pushes up prices in the SW

The number of properties coming onto the market continued to drop, pushing prices rapidly upwards in the South West, according to the latest RICS UK Residential Market Survey.

In most parts of the country, the supply versus demand imbalance led to a rise in house prices in March and in the South West 36% more chartered surveyors reported a rise in house prices in March (up from 31% in...

Animal charity acquires investment property in Plympton

A leading charity which oversees pet welfare in Devon and Cornwall has added to its investment portfolio by acquiring industrial units located within the Newnham Industrial Estate in Plympton, Plymouth.

Plymouth commercial property specialist, Glenn Kelly from Bruton Knowles, helped broker the deal which sees the Gerrick Rose Animal Trust acquire the freehold interest in units A-F...

Rise in failed deals prompts more to buy homes differently

Think buying a house and you think estate agents. But increasingly people in the South-West are turning to auctions to buy a home or land because they want the certainty a deal will go through.

The number of “fall-throughs” – the term used for when the house buying process falls apart for after a sale has been agreed – has increased by 12% since 2013. Combined with the popularity of TV...

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