1-bedroom flat · PL9 9WH
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the highly regarded Magnolia Court, this first floor apartment offers an exceptional opportunity to enjoy independent retirement living in a secure, welcoming and purpose built development for the over 60s.
Ideally situated in the heart of Plymstock, the development is just a short stroll from the Broadway shopping parade, with excellent local amenities and a bus stop located directly outside.
A lift serves all floors, ensuring easy accessibility throughout the building. The apartment is bright, spacious and offers well proportioned accommodation.
The entrance leads to a generous lounge/dining room with several windows offering views of the local area.
The fitted kitchen is practical and well appointed, while the spacious double bedroom benefits from built in wardrobes, creating excellent storage.
A modern shower room features a generous walk in double shower enclosure and a large storage cupboard enhances the apartment's practicality.
For complete reassurance, the property is fitted with a Careline emergency pull cord system throughout, linked to a 24 hour personal response service, providing support whenever required while allowing residents to maintain their independence.
Magnolia Court offers an outstanding lifestyle with a superb selection of communal amenities, including a welcoming residents lounge and laundry facilities.
A vibrant programme of optional social events including regular coffee mornings and entertainment evenings creates a genuine sense of community while allowing residents to participate as much or as little as they choose.
Outside, the communal seating area and lawned gardens surround both Magnolia Court and the neighbouring Maple Court, where additional social events are warmly welcomed.
Resident parking is available, subject to availability and with no onward chain, this delightful apartment presents an excellent opportunity to enjoy a safe, independent and sociable retirement lifestyle in a sought after development.
First Floor Lounge/Dining Room (3.23 x 5.84 (10'7" x 19'1")) Kitchen (2.37 x 2.60 (7'9" x 8'6")) Bedroom (2.76 x 4.11 (9'0" x 13'5")) Shower Room (1.75 x 2.08 (5'8" x 6'9"))
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Flat 7 Magnolia Court, 20, Horn Cross Road, Plymouth
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