1-bedroom flat · PL9 9UD
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom retirement apartment is set within a level walk of the amenities at the Broadway.
The property benefits from one double bedroom with fitted mirrored storage, lounge/dining room, modern kitchen and bathroom, uPVC double glazing, beautiful communal gardens, lift, guest suite, laundry room and communal lounge.
Manager on site and 24 hour alarm system.
Property Summary This spacious warden controlled one bedroom apartment is situated on the third floor of a purpose-built retirement development, offering a comfortable and convenient lifestyle.The development features a welcoming communal lounge, providing residents with a lovely space to socialise and enjoy time with neighbours.
There are also beautifully maintained communal gardens, offering a peaceful outdoor space to relax and enjoy.
The building benefits from lift access, communal laundry facilities and a guest suite for visiting family.
Ideally located close to The Broadway Shopping Centre, residents have a wide range of shops and everyday amenities close at hand, including a post office.
There are also nearby bus stops, making it easy to get around without needing a car.
With its bright and spacious accommodation, excellent communal facilities and convenient location, this apartment offers an ideal opportunity for those looking for a simple, comfortable home.
Material Information Tenure - Leasehold - 102 Years Remaining Service charge - 1 September 2026 = £2537.16 per annum.
Ground rent - 1 September 2026 £828.70 per annum This is information has been provided by the seller, a legal representative will confirm costings via the conveyancing process.
Council Tax - A Local Authority - Plymouth City Council
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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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 Flat 56, 18, Horn Cross Road, Devon
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