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See how verdicts work2-bedroom flat · PL9 9HF
Listing removedListed 369 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain-free, this ground floor flat in Morrish Park boasts a lease of over 900 years and spans over 800 sq ft, presenting a fantastic opportunity for downsizers or buyers looking to put their own mark on a well-maintained property.
Externally, the property features a small frontage that could be utilized for plants, with a range of shrubs and bushes providing curb appeal and a splash of colour.
Internally, while the property retains a traditional style, it is in immaculate condition throughout and offers excellent potential to modernize.
The entrance hallway provides access to the lounge, which benefits from a bay-fronted window overlooking the front aspect, creating a light and welcoming space, with room for a small table.
The property comprises two bedrooms, one of which overlooks the rear garden.
There is a shower room that offers space to create a four-piece bathroom, should a buyer wish to adapt the layout to their preference.
To the rear, there is a kitchen with breakfast area with ample storage in wall and base units.
Adjacent to this is a utility area, currently a lean-to conservatory, providing practical space and access to the shared, south-facing rear garden.
This low-maintenance garden is a perfect spot to unwind after a long day. Additionally, the property includes a garage and parking space to the rear, ideal for storage or secure vehicle parking.
Located in Plymstock, the property benefits from a range of local shops and convenient access to nearby attractions including Wembury, Haybrook Bay, Bovisand, the Broadway, and Radford Park, making it ideal for both daily living and leisure.
This property is a rare opportunity to secure a well-kept, chain-free flat of over 800 sq ft with huge potential in a desirable location.
Council Tax Band: B (Plymouth City Council) Tenure: Share of Freehold (946 years) Ground Rent: £1 per year Access A Small frontage to the property leading to the Front door.
Entrance hall The Entrance hall has carpet flooring and gloss-fiished skirting. There is an understairs storage area; wall-mounted radiator. UPVC double-glazed window to the rear aspect.
Doors to the Lounge; Bedroom 1; Bedroom 2; Bathroom; Kitchen/Breakfast Room. Lounge The Lounge has laminate flooring with gloss finished skirting and a coved ceiling.
Focal points in the Lounge are the gas fireplace and a UPVC double-glazed Bay window with views to the front aspect. Two radiators. Bedroom 1 Carpeted flooring.
Gloss-finish skirting, Wall-mounted radiator, UPVC double-glazed window. Bedroom 2 Carpeted flooring. Gloss-finish skirting, UPVC double-glazed 'tilt & turn' window. Wall-mounted radiator.
Shower Room The shower room comprises: Shower cubicle. Wash-basin; Modern low-level WC. Wall-mounted radiator. Tiled walls and vinyl flooring. UPVC double glazed window with obscured gass.
Wooden panel ceiling, Kitchen The Kitchen/Breakfast Room has a matching range of wall and base units with worktop over; wall-mounted radiator. Vinyl flooring. Combi-boiler.
UPVC windows offering a good supply of natural light. Utility Adjacent to the kitchen is a small 'Lean-to' with UPVC windows and perspect roof.
This room doubles as a 'Utility area' - having plumbing for a washing machine.
There is a UPVC double-glazed door which leads into the shared rear garden, Outside To the back of the property is a shared driveway. 19 Morrish Park has a garage (within a block of 3).
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Morrish Park, PL9
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