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See how verdicts work2-bedroom flat · PL2 3HS
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located a stone throw away from the beautiful greenery of Central Park, the Life Centre and within a short drive to the City, this well-presented two-bedroom apartment is located on the third-floor within the popular purpose-built and quiet development of Explorer Court, offering spacious accommodation, storage, and a private balcony.
Upon entering the property, the entrance hallway provides access to all rooms and benefits from built-in storage, helping to maximise the living space throughout the apartment.
The bright lounge is to the rear aspect of the property and offers ample room for both comfortable seating and a dining area, making it an ideal space for relaxing or entertaining guests.
From the lounge, doors lead directly onto a private balcony, providing a peaceful spot to enjoy a morning coffee or unwind at the end of the day.
The kitchen is fitted with a range of matching wall and base units, offering excellent storage and worktop space.
There is also room for a small breakfast bar or casual dining area, while integrated appliances include an oven, hob with extractor hood, and fridge-freezer.
The bathroom is fitted with a three-piece suite comprising a low-level WC, pedestal wash hand basin, and a bath with shower positioned overhead.
Both bedrooms are double in size, and are neutrally decorated, allowing a new occupier to add a splash of their own taste.
Further benefits of this apartment include an allocated parking space within a secure gated car park, a secure entry phone system, lift access to all floors, and a convenient location close to local amenities, transport links, and the City Centre.
Ideally situated directly opposite Explorer Court, Central Park offers an excellent range of leisure and active facilities, including a children's play park, skate park, sports courts, café, and picturesque walking routes.
Popular with families, dog owners, and those who simply enjoy the outdoors, the park provides the perfect setting for morning strolls, Summer evenings, and relaxed fun-filled weekends.
This fantastic apartment presents an excellent opportunity for first-time buyers, professionals or downsizers. The property is also a great opportunity for investors looking to add to their portfolio.
Based on the asking price and the estimated market value, the property offers an attractive gross rental yield of approximately 7.9%.
EPC: B Council tax band: C Tenure: Leasehold Lease remaining: Approx ~979 remaining Annual ground rent: ~£388pa Maintenance/service charge: ~£3,198pa Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Northwood nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Anti-money laundering regulations In line with Anti-Money Laundering regulations, all prospective purchasers will be required to provide valid identification and proof of funds at the point a sale is agreed.
Please note that a fee of £50 per applicant is payable for the verification of identification. EPC rating: B. Tenure: Leasehold,
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 Explorer Court, Milehouse, Plymouth, PL2
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