2-bedroom flat · PL1 3AU
To rentListed 96 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 1, 49 Citadel Road, PL1 3AU 2 Rooms Available for 1st September 2026 The Property: Immaculately renovated 2-bedroom apartment finished to an exceptional standard, perfectly positioned on Citadel Road close to the Hoe and Plymouth city centre.
This bright, contemporary property features a spacious open-plan kitchen and lounge area with a wall-mounted LCD TV, along with two generously sized double bedrooms.
Fully furnished with modern, high-quality furniture throughout, this apartment offers convenient access to Plymouth University and all local amenities.
The Bedrooms: 2 large double bedrooms £170 per week per room (Includes: Gas, Water, Electricity, WiFi & Communal TV Licence) The Location: Plymouth University Less than a 12-minute walk Plymouth City Centre Less than an 8-minute walk Plymouth Train Station Less than a 15-minute walk Mutley Plain Less than a 10-minute walk What We Think: It's stylish, it's well located, and it's well equipped.
This entire building houses some of the best apartments in our portfolio. Please note: Photos in this advert are of apartments and rooms located directly next door in property by same landlord.
Renovation works on this flat are nearing completion, and new photos are scheduled to be taken. *Most of our tenancy agreements are intended for students.
Rent is calculated over a 50-week academic year period, subject to the terms of the tenancy agreement and applicable legislation.
A limited number of student properties may have alternative arrangements, which will be clearly explained before any tenancy agreement is entered into.
Our all-inclusive utility rates cover you for a fair usage amount, which has been taken over years of experience with student utility usage in accordance with the current rates.
We do not guarantee any permit parking, we advise each of our tenants to check with the local city council themselves, to confirm the parking or permit situation for the relevant property.
Full time students will be exempt from council tax. We do not take any form of deposit when you apply for one of our Student properties.
On these properties, we will require a holding payment equivalent to 1 weeks rent, along with a UK based guarantor.
Please refer to the terms and conditions section on our website for answers to any other queries.*
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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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
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FAQ
About 49, Citadel Road, Plymouth
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