1-bedroom flat · PL1 3TB
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain.
If you’re looking for waterside living in Plymouth, this spacious one-bedroom apartment in Custom House Lane is in a fantastic position in a secure gated development, with three balconies, two overlooking the water, its own 14-metre berth in the Village Marina, a garage and allocated parking.
At around 660 sq ft, it’s a really good size for a one-bedroom apartment.
The main living space is bright and spacious, with plenty of room for relaxing and dining, plus access to the balconies, making the most of the waterside setting.
The modern kitchen is a lovely feature of the apartment, with a contemporary finish, plenty of storage and workspace and everything you need for everyday living.
The double bedroom is also a great size, with a modern bathroom completing the accommodation. For me, the outside space and setting really make this apartment stand out.
There are three separate balconies, with two offering water views, giving you lovely spots to sit out and watch the activity around the marina.
For boating enthusiasts, the 14-metre berth within the Village Marina is a fantastic addition and a real rarity to have alongside your home.
Parking is another big plus, with the apartment benefiting from its own garage and parking.
Custom House Lane is in a brilliant waterfront location, with Plymouth Hoe, the Barbican and Royal William Yard all within easy reach, along with a great choice of restaurants, cafés and bars.
For anyone looking for a waterside home in Plymouth, the combination of three balconies, water views, a 14-metre marina berth, a modern kitchen, a garage and parking makes this one well worth a look.
Circa £1600 for the block service charge Circa £400 for the development service charge Circa £2200 for the berth service charge
Value & comps
No previous sales on record.
Returns
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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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FAQ
About The Bridge,Flat 11, Custom House Lane, Plymouth
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