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See how verdicts work2-bedroom flat · PL4 0RB
For saleReduced £20k (−6.7%) on 12 OctListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lang Town and Country are delighted to present to the market this spacious, 3rd floor apartment in the desirable location of Discovery Wharf, Sutton Harbour.
Discovery Wharf is arguably one of Plymouth's landmark developments and offers a unique setting in Sutton Harbour with stunning far reaching south facing water views across Sutton Harbour Marina, and towards The Hoe, The Barbican, Mount Batten, Jennycliff and Plymouth Sound.
This 3rd floor apartment comprises of an open plan reception with enclosed and spacious balcony, master bedroom with en-suite bathroom, guest bedroom, bathroom, utility room, cupboard and gated allocated parking.
The development remains the only building in the city to offer a host of wonderful resident's facilities which include residents receptions, swimming pool, sauna, gym and garden.
The apartment is located on level 3, with lift and stair access to all floors from the car park.
The main accommodation comprises; an entrance door that leads into the inner hall with doors off to all rooms.
The impressive open plan reception provides delightful areas to enjoy the wonderful views into the marina with floor to ceiling glazed windows opening onto an enclosed balcony.
The kitchen has a range of base and wall mounted units housing integrated appliances including fridge, freezer, dishwasher, oven and grill, sink with drainer unit, gas hob and ample work surface space.
To the rear of the apartment there are two double bedrooms where the master bedroom benefits from double doors with a Juliet balcony and built in wardrobe.
There is also a fully tiled bathroom complete with shower over the bath, wash hand basin and WC. The family bathroom features a bath with shower over, wash hand basin and WC.
Part tiled walls, tiled floor and a wall mounted mirrored cabinet. There is a utility room offering ample space for additional storage and space for under counter washing machine and tumble dryer.
There is a stainless-steel sink, inset into work surface providing counter space with cupboards over. There is also a further cupboard/storage area.
Allocated parking is available for one vehicle in the gated car park with security entry system and 24 hours CCTV.
Leasehold information: We understand the apartment is held on a lease with approximately 973 years remaining and is subject to an annual service charge of which the figures are currently awaited.
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
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FAQ
About Discovery Wharf, 15,Flat 36, North Quay, Plymouth
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