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See how verdicts work3-bedroom flat · PL1 4TJ
For saleListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Set just below the penthouse level in Teesra House, 147 Mount Wise Crescent occupies one of the building's most coveted positions on the sixth floor.
One of only three apartments at this height, it enjoys a sense of calm and discretion, with the lift close by for straightforward access.
Teesra House is widely regarded as one of Plymouth's most desirable addresses, attracting a quietly notable mix of residents who value privacy, security and a distinctly current feel, completed in 2023, alongside those extraordinary, far-reaching water views across Plymouth Sound.
The view is the apartment's defining feature and, importantly, it isn't a static backdrop. The immediate impression is of light and panorama.
A south-facing aspect combined with full height glazing draws the day right through the rooms, from crisp morning brightness to dusk, when the city begins to glow and lights across the water create a particularly atmospheric evening scene.
It's a broad, wrap-around perspective that rewards time spent looking, the city's roofline and church towers giving way to the green edge of Dartmoor, Plymouth Sound opening towards The Hoe and Drake's Island, the Royal William Yard and breakwater, and beyond, the Cornish countryside catching the last of the sun.
There is constant movement within the frame: naval vessels working the deep-water channel, ferries coming and going, weather fronts rolling across the water, and weekends punctuated by play at Plymouth Cricket Club.
It's the kind of outlook that gently enriches everyday. Inside, the apartment is finished to a high standard, with a calm, contemporary tone and well considered practicalities.
Secure entry, underfloor heating and excellent storage support day-today life, while the wrap-around terrace extends the living space outdoors and follows the line of the view, offering different places to sit with the changing light.
The entrance hall is welcoming, with a substantial bespoke cloaks cupboard and a separate utility/laundry room that keeps appliances and household tasks neatly out of sight.
The living accommodation is arranged around the panorama.
A generous open-plan sitting and dining room is edged by dual-aspect glazing and sliding doors, creating an easy connection to the terrace and making the most of the ever-shifting scene beyond.
The kitchen sits comfortably within the space, centred on a quartz-topped island with excellent storage and integrated Smeg appliances, including an oven, microwave, warming drawer, induction hob, dishwasher, fridge freezer and a boiling-water tap.
The principal bedroom continues the apartment's sense of scale and aspect, with glazing to two sides, terrace access, fitted cabinetry and an en suite with a full-width walk-in shower, heated towel rail and twin basins.
Two further double bedrooms provide flexibility, one currently arranged as a study, and are served by a stylish family bathroom.
Beyond the apartment itself, residents also have access to beautifully landscaped south-facing gardens, once part of the historic Admiralty House, offering a green counterpoint to the setting and an appealing place to sit outside.
Parking is barrier-controlled, and the property benefits from two allocated spaces positioned conveniently close to the entrance and lift.
The Location Mount Wise Crescent sits on the western side of Plymouth, just beyond the historic Hoe, with a spectacular, open outlook across Plymouth Sound and out to sea.
From this vantage point, the coastline and waterway feel wonderfully close, with sightlines taking in Royal William Yard, the breakwater and the wooded slopes of Mount Edgcumbe on the Cornish shore.
Plymouth is a city defined by its maritime heritage, yet it remains thoroughly liveable day-to-day, with a broad choice of shops, restaurants, galleries and theatres within easy reach.
Closer to home, Mount Wise has convenient local amenities, while the Barbican's atmospheric waterfront is a natural draw for weekends and evenings, with its independent shops, places to eat and some of the city's best known attractions, including the National Marine Aquarium and the historic Plymouth Gin Distillery.
For those drawn to the water, Plymouth is exceptionally well placed.
The city is home to five established marinas - Sutton Harbour, King Point, Queen Anne's Battery, Plymouth Yacht Haven and Mayflower Marina - making it an excellent base for sailing along the South West coastline and beyond.
Connections are equally straightforward.
The Torpoint chain ferry offers an easy link across the Tamar into Cornwall and the Rame Peninsula, while the A38 provides swift access east towards Exeter and the M5. or west across the Tamar.
Rail services from Plymouth run to London Paddington in around three hours (journey times vary by service), and for travel further afield, Plymouth's ferry port operates routes to both Roscoff and Santander.
Services Mains water, electricity and drainage. Underfloor heating throughout.
EPC Rating Current: B - 84, Potential: B - 84, Rating: B Council Tax Band E Tenure Leasehold with approximately 984 years remaining Authority Plymouth City Council, Ballard House, West Hoe Road, Plymouth, PL1 3BJ, Tel: Fittings and Fixtures All items in the written text of these particulars are included in the sale.
All others are expressly excluded regardless of inclusion in any photographs. Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order.
Viewing Strictly by appointment with the sole agents, Marchand Petit, Newton Ferrers Office. Tel: .
Management Company Charge Ground Rent: £350 annual fee Service Charge: £4225 annual fee for 2025/2026
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Teesra House, Mount Wise Crescent, Plymouth, Devon
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