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See how verdicts work2-bedroom flat · PL1 3DN
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfectly positioned in one of Plymouth’s most sought-after locations, this impressive apartment enjoys a convenient setting close to the city’s stunning waterfront, the historic Royal William Yard, and Plymouth city centre.
Residents can take full advantage of the area's exceptional amenities, including the nationally acclaimed Theatre Royal Plymouth, Drake Circus shopping centre, and the vibrant Barbican, renowned for its cobbled streets, independent boutiques, waterside restaurants, cafés and bars.
Beautifully presented throughout, the apartment offers stylish and contemporary accommodation, ideal for modern living.
A welcoming entrance hallway provides access to all principal rooms and benefits from a useful storage cupboard.
The heart of the home is the superb open-plan kitchen/living room, creating a fantastic space for both relaxing and entertaining.
The kitchen is fitted with a range of modern units and ample worktop space, while the living area enjoys direct access to a private balcony, providing an excellent spot to sit and unwind.
The property offers two well-proportioned double bedrooms, with the principal bedroom benefitting from a private en-suite shower room.
The second bedroom provides flexible accommodation and would make an ideal guest room, home office or additional bedroom.
A modern family bathroom is fitted with a contemporary white suite comprising a bath with shower over, wash hand basin and WC.
Further benefits include double glazing, lift access and an allocated parking space within a secure underground car park, offering both convenience and peace of mind.
We understand the apartment is held on Lease with 230 years remaining and subject to a service charge of approximately £3,360 per year and an annual ground rent of approximately £200 but this is subject to periodic review The above information is provided in good faith although we would recommend that prospective purchasers consult their own solicitor for formal verification.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Phoenix Street, Milbay, Plymouth
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