2-bedroom flat · PL4 0AP
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Early viewing is advised for this purpose built 7th floor apartment. Centrally located and unfurnished, this flat offers open plan living with spacious lounge/kitchen/diner.
The kitchen includes a cooker, washing machine and fridge/freezer. Two double bedrooms, modern fitted bathroom, double glazing throughout and electric heating.
The property is in very close proximity to the city centre and university. Please note that there is NO parking with this property.
All applications are subject to credit check and referencing, £980 as a deposit and one months rent in advance. Holding deposit £190.
Communal Entrance Communal entrance to communal entrance hall, stairs and lifts to all floors.
Entrance Hall Private door to entrance hall, wall mounted entry phone system, electric radiator, built in airing cupboard, doors to all further rooms.
Lounge/diner/kitchen 5.97m ( 19'8'') x 3.50m ( 11'6'') A spacious room with modern fitted kitchen with range of base and eye level units comprising cupboards and drawers with granite effect roll top work surfaces, inset single bowl, single drainer stainless steel sink unit.
Integrated oven and four ring electric hob with extractor canopy over, upright fridge freezer, dishwasher and washing machine, 2 electric panelled radiators and double glazed window to front.
Bedroom 1 3.09m ( 10'2'') x 3.01m ( 9'11'') Electric radiator, double glazed window to front. Bedroom 2 3.05m ( 10'1'') x 2.42m ( 8'0'') Electric radiator, double glazed window to front.
Bathroom Modern white suite comprising panelled bath with mixer tap and shower over, fully tiles surround and glazed shower screen, low level WC, vanity wash hand basin, 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
We're still gathering serviced-accommodation data for this area.
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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 Exeter Street, Plymouth, Devon
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