3-bedroom terraced house · PL1 2QA
For saleReduced £15k (−4.8%) on 15 OctListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a substantial end-terraced property arranged as two self-contained maisonette apartments, ideally positioned in the heart of Plymouth Hoe, just moments from the historic Barbican, the waterfront and the vibrant City Centre.
Set over four floors, this characterful property has already been converted into two independent dwellings, presenting an excellent opportunity for investors, multi-generational living or those seeking a home with an income-generating element.
The upper maisonette occupies the first and second floors and offers well-proportioned accommodation including two generous bedrooms, together with bright and versatile living space.
The second maisonette is arranged over the ground and lower ground floors, providing spacious accommodation with flexible living areas and well-balanced rooms across two levels.
Occupying a prominent end-terrace position, the property enjoys an enviable location within easy walking distance of Plymouth Hoe's iconic seafront, the cafés, restaurants and marina of the historic Barbican, and the extensive shopping, leisure and transport facilities available in Plymouth City Centre.
Properties of this nature are seldom available, particularly those already configured as two self-contained apartments in such a sought-after central location.
Offering considerable flexibility and excellent investment potential, this is a unique opportunity to secure a substantial freehold property in one of Plymouth's most desirable residential areas.
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
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FAQ
About 87, Citadel Road, Plymouth
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