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See how verdicts work2-bedroom flat · PL4 0HX
For saleReduced £25k (−9.1%) on 25 JunListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
'East Quay House' is a much sought-after waterside development located on the eastern quay in Sutton Harbour with a delightful westerly aspect and exceptional panoramic views across the marina, city and towards Plymouth Sound.
This immaculate and well-maintained apartment is a must view for serious buyers looking for a waterside home.
'East Quay House' was completed by Charles Church Developments in 2006 and comprises 56 apartments, many with delightful waterside views and gated parking for all properties.
From a security-controlled reception area on East Quay, with mailboxes and a TV entry phone system, there is access to an inner hall with door to car park, lift and stairs to all floors.
There is level access throughout the building ideal for those looking for single level living.
From the first level landing, shared between only 4 apartments, a corridor leads to the apartment front door. An Oak door leads into apartment with doors off to all rooms.
The superb living room is spacious and has a picture bay window with truly impressive views of the waterfront, Sutton Harbour Marina, and westerly towards The Barbican and The Hoe.
There is a glazed door to the covered balcony which is a delightful size offering ample space for alfresco dining and has views in full, a wonderful space to relax and take in the views during the day and evening.
The separate kitchen is comprehensively fitted with a range units and integrated appliances including dishwasher, washer dryer, four ring gas hob with oven below, a microwave, larder fridge and freezer, stainless steel sink with mixer tap and waste disposal, and under unit lighting.
The master bedroom is luxurious and spacious, there is a built-in wardrobe and ample space for a dressing table, etc.
The en-suite shower room has a suite comprising a double walk-in shower enclosure and glazed screen/door, sink with chrome mixer tap and mirror over, dual flush w.c., ladder heated towel rail, and fully tiled walls and floor.
The second bedroom is deceptively spacious and is ideal for guests/study room.
The family bathroom has a shower, with screen, over the bath, recessed sink with chrome mixer, dual flush w.c., chrome ladder heated towel rail, fully tiled walls with feature glazed tile, and tiled floor.
Within the apartment hall there are a pair of cupboards, one houses a pressurized hot water system and offers airing cupboard space, the other houses the gas central heating boiler and space for further storage.
There is also a double door cupboard to provide extra storage. Outside there is allocated parking for one vehicle within a gated car park.
This apartment has a real 'Wow factor' as soon as you enter, and an early viewing is recommended to avoid disappointment.
We understand the apartment is held on Lease with 975 years remaining and subject to a service charge of approximately £4019.38 per year, but this is subject to periodic review and an annual ground rent of approximately £100.
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.
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FAQ
About 17,Flat 22 East Quay House, Marrowbone Slip, Plymouth
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