1-bedroom flat · PL4 7HG
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Offers in the Region of £120,000* Situated within the ever-popular Lipson area of Plymouth, this beautifully presented ground floor flat offers a fantastic opportunity for first-time buyers and young professionals seeking a characterful home close to the city centre.
Occupying the ground floor of a traditional period property, the accommodation combines attractive original proportions with modern comforts, including uPVC double glazing and gas central heating throughout.
The property comprises a welcoming entrance hall, a spacious bay-fronted lounge filled with natural light, a generous double bedroom, a modern bathroom and a well-equipped fitted kitchen featuring a built-in electric oven, gas hob and extractor hood.
Externally, the property benefits from a private allocated off-road parking space, a valuable addition for a property so conveniently located near Plymouth city centre.
Positioned within easy reach of local shops, supermarkets, cafes, public transport links and Plymouth University, the property offers excellent convenience for everyday living while remaining within walking distance of the city centre and waterfront amenities.
Offered to the market with no onward chain, this attractive home is ready for immediate occupation and represents an excellent first-time purchase, city base or investment opportunity.
Early viewing is highly recommended. Entrance Hall Entering through the private front door, you are welcomed into a central entrance hall providing access to all principal rooms.
The hallway benefits from neutral décor, fitted carpet, ceiling-mounted light point and radiator, creating a bright and welcoming first impression.
Lounge 4.07m x 3.50m (13`4" x 11`6") Into Bay A beautifully presented reception room positioned to the front of the property and featuring an attractive bay window fitted with vertical blinds, allowing plenty of natural light to flood the space.
High ceilings and period proportions create a sense of character and space, whilst the neutral décor and fitted carpet offer a comfortable environment for both relaxing and entertaining.
The room benefits from recessed ceiling spotlights, radiator and ample space for lounge furniture.
Bedroom One 2.78m x 3.05m (9`2" x 10`0") A well-proportioned double bedroom situated to the rear of the property.
The room enjoys a pleasant outlook, fitted carpet, radiator, ceiling light point and generous space for wardrobes and additional bedroom furniture.
The high ceilings continue the characterful feel found throughout the property.
Bathroom A modern fitted bathroom comprising a panelled bath with glazed shower screen and shower fitted over, pedestal wash hand basin and low-level WC.
Finished with contemporary wall tiling and attractive flooring, the room also benefits from a radiator, extractor fan and ceiling lighting.
Kitchen 2.35m x 2.34m (7`8" x 7`8") A well-appointed fitted kitchen offering a range of matching wall and base units with contrasting work surfaces and tiled splashbacks.
Features include a stainless steel sink and drainer, built-in electric oven, gas hob and extractor hood, together with space and plumbing for additional appliances.
A uPVC double glazed window and uPVC door provide natural light and direct access to the allocated parking area.
The kitchen also houses the gas central heating boiler and benefits from ceiling spotlights.
Outside Rear A particular benefit of this property is the allocated off-road parking space, providing convenient parking rarely found with similar city centre flats.
Agents Note: Length of Lease - tbc Ground Rent - tbc Service Charge - tbc what3words /// truck.will.shine Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Flat 2, 3, Percy Terrace, Plymouth
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