2-bedroom flat · PL4 8DF
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Versatile 2/3-bedroom upper-floor apartment in sought-after Gascoyne Place, Plymouth.
Offering the flexibility of two bedrooms plus a substantial home office, dining room or occasional guest room, this beautifully presented property suits both owner-occupiers and investors.
With off-street parking, share of freehold freehold ownership and a rental yield exceeding 7%.
Description Having recently undergone redecoration and a programme of improvements, Flat 4 is now presented in a condition that makes it equally appealing as a comfortable home or an attractive investment opportunity.
The accommodation is currently arranged as a three-bedroom apartment, although its versatility allows the layout to work particularly well as a two-bedroom home with a substantial home office, dining room or occasional guest bedroom.
This flexibility makes the property an excellent choice for professionals, couples, owner-occupiers and those working from home, as well as investors seeking strong rental appeal.
The property successfully combines character features with a more contemporary presentation, creating a home that offers both charm and practicality.
Its upper-floor position provides a sense of privacy, while the inclusion of off-street parking is a particularly valuable benefit in this popular location.
For investors, the property also offers excellent rental (truncated) MATERIAL INFORMATION Tenure - Leasehold Lease Length - 999 years from 2007 Ground Rent - Service Charge - Council Tax Band- B Local Authority- Plymouth City Council Source Of Heating - Gas Central Heating Source Of Electric - Mains Electric Source of Water - Mains Water Arrangement for Sewerage - Mains Sewerage Parking - Off Street Parking
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 Gascoyne Place, Plymouth, Devon
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