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See how verdicts work2-bedroom flat · PL3 6SU
For saleReduced £5k (−3.7%) on 13 OctListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This particularly large, purpose built flat is in a secluded position backing onto woodland.
The property has its own private entrance which opens to accommodation comprising entrance hallway and landing, spacious living room, kitchen/dining room, two large double bedrooms, bathroom and separate wc.
Further benefits include double glazing, central heating and a good amount of built in storage. Being offered to the market with no onward chain, Plymouth Homes advise an early viewing without delay.
Ground Floor Entrance Entry is via a private main entrance with part glazed entrance door opening into the entrance hall. Entrance Hall With stairs rising to the first-floor landing.
First Floor Landing With three built in storage cupboards, two radiators, recessed ceiling spotlights, access to the loft space.
Living Room (5.26m x 3.45m (17'3" x 11'3")) A good-sized reception space with dual aspect double glazed windows with views towards woodland, radiator.
Kitchen/Dining Room (4.47m x 2.55m (14'7" x 8'4")) Fitted with a matching range of base and eye level units with worktop space above, 1 1⁄2 bowl stainless steel sink unit with single drainer and mixer tap, tiled splashbacks, under-unit lighting, wall mounted boiler serving the heating system and domestic hot water, spaces for washing machine and cooker, double glazed window to the rear, radiator.
Bedroom 1 (4.27m x 3.00m (14'0" x 9'10")) A good-sized double bedroom, with double glazed window to the side, built in bedroom storage, radiator.
Bedroom 2 (3.56m max x 3.18m (11'8" max x 10'5")) A second double bedroom with double glazed window to the side, radiator, wood effect laminate flooring.
Bathroom (1.69m x 1.68m (5'6" x 5'6")) Fitted with a two-piece suite comprising panelled bath with independent electric shower above, vanity wash hand basin with cupboard storage below, tiled splashbacks.
Wc (1.46m x 1.04m (4'9" x 3'4")) Fitted with a low-level WC and extractor fan.
Outside: From the front a shared pathway and steps from the roadside rise to a covered area with private door opening into the property. Surrounding the building there are communal garden areas.
Parking Behind the building is a residents parking area with non-allocated spaces. Leasehold The term of the lease for this property is 125 years from 1981.
This information was gathered from the information held by the Land Registry. We have been advised by the seller that the ground rent is £10 per annum.
We have also been verbally informed by the seller, at the time of listing the property, that their maintenance payments are approximately £1,137.20 per annum.
This will be verified by the purchasers legal advisor during the conveyancing process.
We recommend that potential purchasers inform their mortgage company and legal advisor of the lease term and ground rent prior to commencing a purchase.
Agent’s Note The owner has informed us that future works are required to the roof of the building and residents await confirmation of costs from Plymouth Community Homes.
Agent’s Note These sales particulars are only in draft format and have yet to be approved by the seller. They are therefore subject to change.
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.
Area
Agent & docs
FAQ
About 3, Wyoming Close, Plymouth
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