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See how verdicts work2-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spend time in viewing this lovely ground floor purpose-built apartment. It is being sold with no onward chain and is conveniently located for the city centre along with the Mount Wise area and coast.
It is located adjacent to the Plymouth cricket club and has accommodation including a generous-sized living/dining/kitchen area, 2 bedrooms and a shower room.
Discovery Road, Plymouth, Pl1 4Sj Accommodation Access to the property is through the communal entrance. An inner door leads into the entrance hall. Entrance Hall Entry-phone system.
Built-in utility cupboard with space and plumbing for a washing machine and housing the gas boiler. Providing access to the accommodation.
Open-Plan Kitchen/Living/Dining Room (8.29 x 4.78 max dimensions (27'2" x 15'8" max dime) A triple aspect room with a lovely open area with double-glazed sash windows to 3 elevations together with double doors leading out onto the private balcony.
There is a wall-mounted electric fire. Within the kitchen and dining area, there is a tiled floor.
The kitchen area consists of a range of matching white high gloss eye-level and base units with rolled-edge work surfaces and matching up-stand.
Inset stainless-steel one-&-a-half bowl single drainer sink unit with mixer tap. Built-in induction hob with an electric oven beneath and an extractor hood above. Integrated fridge and freezer.
Integrated dishwasher. Bedroom One (3.46 x 2.91 excl door recess (11'4" x 9'6" excl do) Double-glazed sash window to the side elevation.
Bedroom Two (3.23 x 3.05 to the wardrobe rear (10'7" x 10'0" to) Range of fitted full-length wardrobes along one wall, providing useful storage and hanging space.
Double-glazed sash window to the rear elevation.
Shower Room (2.54 x 1.81 (8'3" x 5'11")) Modern suite comprising a walk-in shower with shower unit, rainfall shower head and tiled area surround, pedestal wash basin and a low level toilet.
Vertical towel rail/radiator. Tiled floor. Inset ceiling spotlights. Extractor. Obscured double-glazed sash window to the side elevation. Outside Allocated parking space located opposite the building.
Council Tax Plymouth City Council Council tax band B Agent's Note The property is leasehold with 984 years remaining of a 999 year old lease.
The ground rent is £250 per year and the service charge is approximately £218.81 paid monthly.
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.
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About Discovery Road, Plymouth
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