2-bedroom flat · PL2 1AN
Listing removedListed 33 days · slow let
Opportunity summary
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About
£1,150 per month, comprising £950 rent plus £200 for gas, water and electricity. No other bills are included.
A nicely presented, furnished two-bedroom apartment situated on the second floor, within walking distance of Stoke Village.
This welcoming home offers two double bedrooms, a comfortable living room, a modern fitted kitchen and a stylish shower room.
Further benefits include gas central heating, double glazing and off-road parking within a secure car park. The landlord is using Plymouth Homes Lettings’ Tenant Find Service.
All applications are subject to credit checks and referencing. A deposit of £1,090 and one month’s rent in advance are required. The holding deposit is £210.
Communal Entrance Communal door to communal entrance hall. Communal Hall with stairs and lift rising to further floors, second floor, private door to entrance hall.
Entrance Hall Built in storage cupboard, doors to all rooms. Living Room 4.12m ( 13'7'') x 2.76m ( 9'1'') Radiator, double glazed window to front, opening to kitchen.
Kitchen 2.35m ( 7'9'') x 2.33m ( 7'8'') Range of modern units comprising base and eye level units with cupboards and drawers with roll top worksurfaces, inset single bowl single drainer stainless steel sink unit with mixer tap, integrated double oven with four burner gas hob and extractor canopy over, washing machine, tumble dryer and upright fridge freezer.
Bedroom 1 4.04m ( 13'4'') x 2.83m ( 9'4'') Built in wardrobes, radiator, double glazed window to front.
bedroom 2 3.12m ( 10'3'') x 2.91m ( 9'7'') Built in wardrobes, radiator, double window to front.
Shower Room 1.72m ( 5'8'') x 2.70m ( 8'11'') Built in double shower cubicle with shower screen and tiled surround, vanity wash hand basin, low level WC, heated towel rail, extractor fan.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Albert Road, Stoke, Plymouth
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