3-bedroom flat · PL3 4DZ
Listing removedReduced £10k (−5%) on 7 JulListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious, modern and bright top floor apartment is located within the prestigious conversion known as Wingfield Mansions.
Recently upgraded throughout to an exceptionally high standard, the property offers contemporary fixtures and fittings and well balanced accommodation.
The layout comprises a welcoming entrance hallway leading to a generous open plan lounge and dining area, ideal for both everyday living and entertaining.
The newly installed kitchen is fitted with a range of modern units and integrated appliances.
There are three well proportioned double bedrooms, including a main bedroom with en suite shower room, together with a stylish modern family bathroom.
The apartment enjoys far reaching views across Plymouth and towards Plymouth Sound and Mount Edgcumbe in the distance.
Residents of Wingfield Mansions also benefit from beautifully maintained communal garden areas and allocated parking within a gated car park.
Further features include uPVC double glazing and gas central heating throughout.
Stoke is a sought after residential district, much of which is designated as a conservation area due to its high concentration of Regency and Victorian properties.
The area is located approximately one mile from Plymouth city centre, providing easy access to the ferry port, and within three miles of the A38.
Local schooling includes Stoke Damerel and Stuart Road Primary Schools, with secondary options such as Devonport High School for Boys and Stoke Damerel Community College.
An internal viewing is highly recommended to fully appreciate the quality, space and setting this stunning home has to offer.
Lease Information: We understand the apartment is share of freehold with the other flat owners held on Lease with 166 Years remaining and subject to a service charge of approximately £2,238.60 per year but this is subject to periodic review.
The above information is provided in good faith although we, would recommend that prospective purchasers consult their own solicitor for formal verification.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Wingfield Mansions, 82,Flat 14, Molesworth Road, Plymouth
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