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See how verdicts workStudio flat · PL4 8AR
Sold STCListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the fourth floor of Mayfair House in Plymouth, this studio apartment presents an excellent opportunity for both investors and first-time buyers.
Its prime location ensures easy access to Plymouth’s bustling town centre, where a variety of shops, restaurants, and amenities are within walking distance.
This well-designed property features an open-plan lounge and bedroom area, offering a versatile living space suitable for a range of lifestyles.
A notable highlight of the apartment is the Juliet balcony, which allows for an abundance of natural light to fill the room while providing an airy ambiance.
The apartment is equipped with electric heating, ensuring a comfortable living environment throughout the year.
The accommodation also includes a bathroom, which has been maintained to a good standard, and a compact yet functional kitchen area, making the most of the available space.
For prospective investors, this property offers a potential rental return of approximately £650 per calendar month, making it a lucrative addition to any property portfolio.
Additionally, the property is categorised under Council Tax Band A, which is advantageous in terms of affordability for tenants or owners alike.
First-time buyers will appreciate the manageable service charges and ground rent associated with this apartment.
The service charge is £1,450 per annum, with an additional ground rent of £100 per annum. This makes the property a cost-effective and sensible entry point into property ownership.
The Energy Performance Certificate (EPC) rating of C74 further highlights the energy efficiency of the home.
While the property does not include parking, its proximity to public transport links and the town centre minimises the need for a private vehicle.
Residents will benefit from the convenience of urban living, with everything Plymouth has to offer right on their doorstep.
Whether you are looking for an investment opportunity with a strong rental yield or a first home in a vibrant location, this studio apartment in Mayfair House is well worth considering.
Contact us today to arrange a viewing and explore the full potential of this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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 59 Regent Street, Plymouth, Devon, PL4
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