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See how verdicts work4-bedroom flat · PL1 5EH
Sold STCListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present 28 Wolsdon Street, Stonehouse, Plymouth a fully let multi-unit block of four self-contained one-bedroom flats, offering a ready-made investment with income from day one, along with scope to refresh and refurbish over time.
The property is fully occupied and currently generates: Asking Price: £240,000 Monthly Rental Income: £2,080 Annual Rental Income: £24,960 Gross Yield: 10.4% EPC Ratings: C, C, C & D EICRs: Completed in 2025 Gas Safety Certificates: Valid until May 2027 Gas & Electric Separate metered for each flat Water: Billed separately, as advised by the landlord.
Situated in the popular Stonehouse area of Plymouth, the property is well positioned for Plymouth City Centre, Royal William Yard, Devonport Dockyard and excellent transport links, supporting strong and consistent tenant demand.
The internal condition is standard throughout, with the floorplan attached for reference.
The rear tenement appears to be of single-skin construction, which may make it better suited to cash buyers looking for a quicker purchase, with the potential to explore refinancing further down the line, subject to individual lender criteria.
I'd be delighted to arrange a viewing or answer any questions you may have.
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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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.
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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 28, Wolsdon Street, Plymouth, PL1 5EH
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