2-bedroom flat · PL3 5QQ
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor purpose built apartment located in a tucked away position in Hartley. The accommodation comprises entrance hall, open plan lounge/diner, kitchen, bathroom & 2 bedrooms.
The property has uPVC double-glazing & gas central heating. Lovely communal gardens to the front & rear. No chain.
Lockington Avenue, Plymouth, Pl3 5Qq Communal Entrance Wooden door opening up into the vestibule. Entrance Vestibule (0.94 x 0.91 (3'1" x 2'11")) Door opening into the entrance hall.
Entrance Hall (4.57 x 0.95 (14'11" x 3'1")) Doors providing access to the lounge/diner, kitchen, bedroom one and two and the bathroom.
Lounge/Diner (6.45 x 3.91 (21'1" x 12'9")) A dual aspect room with uPVC double-glazed windows to the front and rear elevations. The window to the rear elevation overlooks the communal gardens.
Serving hatch into the kitchen. Air circulation system. Kitchen (2.58 x 2.31 (8'5" x 7'6")) Matching base and wall-mounted units with roll-edged work surfaces and tiled splash-backs.
Inset stainless-steel single drainer sink unit. Inset 4-ring induction hob with a stainless-steel cooker hood over. Fitted oven. Space for an upright fridge-freezer. Space for a washing machine.
Wood-effect vinyl flooring. UPVC double-glazed window to the front elevation. Bedroom One (3.27 x 2.93 (10'8" x 9'7")) UPVC double-glazed window to the rear elevation overlooking the communal gardens.
Bedroom Two (2.94 x 2.26 (9'7" x 7'4")) UPVC double-glazed window to the rear elevation overlooking the communal gardens.
Bathroom (2.31 x 1.95 (7'6" x 6'4")) Matching white suite comprising a panel bath with a mixer shower attachment, pedestal wash hand basin and a close coupled wc. Door to a shelved airing cupboard.
Tiled-effect vinyl flooring. Tiled walls. Obscured uPVC high level window to the front elevation. Outside The property is approached via twin access points.
From the front steps lead down to the entry system into the communal hallway. From the communal hallway a door to the rear provides access to the communal gardens.
A staircase leads up to the first floor, where the flat is located. The rear communal garden is mainly laid to lawn together with some shrub and hedge borders.
Council Tax Plymouth City Council Council tax band A Agents Note Lease term 999 years with 952 remaining. Hartley Park Management ltd. £1600 all in, grounds maintenance & building insurance.
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
Agent & docs
FAQ
About 86, Lockington Avenue, Plymouth
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