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See how verdicts work3-bedroom flat · PL1 3DE
For saleReduced £50k (−5.6%) on 20 JunListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quote MK1380152 to view this property.
Rivage is small and exclusive development of just 14 grand apartments located along Plymouth's sea front, each enjoying wonderful views to the south across Plymouth Sound.
Rivage is owned solely by the apartment owners, giving them full control over the management and upkeep of the external and internal areas.
This highly regarded and luxury development was designed and built to offer superior waterside living to its residents with lift access, high ceilings with full height windows and spacious balconies perfect for outdoor seating and alfresco dining.
This beautiful third floor penthouse sits on the westerly side of the building and enjoys panoramic views across Plymouth Sound and Mount Edgcumbe.
Once inside, a wide hallway leads to all the principal rooms and provides plenty of storage for shoes and coats.
Double doors open directly into the impressive living area where you are immediately drawn to the incredible views with sliding doors taking you further and onto the glazed balcony.
The living room is most generous in size, and you will find plenty of floorspace to accommodate your soft furnishings and dining suite.
This open plan room is also home to the luxuriously appointed kitchen, fitted with a range of cabinets with coloured glass work surfaces and walls.
Boasting integrated fridge-freezer, dishwasher, electric hob and extractor hood plus twin ovens, the kitchen has everything you need.
There are three bedrooms within the apartment, the master suite features a range of hidden storage cupboards with featured mirrored doors plus an additional double wardrobe and a large walk in shower ensuite with WC.
The second bedroom is also a double room with built in wardrobe and third bedroom is an ideal single bedroom or home office if required.
The main bathroom leads off the hallway and has been fitted with a panelled bath with glazed shower screen and shower, wc and sink unit all finished tastefully with tiled walls and flooring.
There is a most useful utility cupboard which also leads off the hallway where you will find plumbing and space for your washing machine.
Included with this superior apartment are two parking spaces along a tandem space within the secure basement parking area.
Accessed via electric gates, the parking area will accommodate a large suv vehicle.
The property is held on a Leasehold title of 999 years from 2015, however each owner also holds a 1/14 share of the Freehold meaning No Ground Rent.
We have been informed that the current service charge is approx. £3850 which includes a contribution to a sinking fund. The property is registered in Council Tax Band G with an EPC rating of 87 B.
All viewings strictly by appointment. To view this property Quote MK1380152 on enquiry.
Reception Hallway Living Room & Kitchen - 7.01m x 6.8m (22'11" x 22'3") South Facing Balcony Bedroom 1 - 3.4m x 3.23m (11'1" x 10'7") Ensuite Shower Room Bedroom 2 - 3.95m x 2.91m (12'11" x 9'6") Bedroom 3 - 2.64m x 2.18m (8'7" x 7'1") Bathroom Utility Cupboard Parking - Tandem Space In Secure Garage
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 2,7 Rivage, Hoe Road, Plymouth
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