2-bedroom property · PL9 9WH
For saleListed 319 days
Opportunity summary
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About
Superbly-situated purpose-built 2nd floor apartment in this highly regarded location in central Plymstock being sold with no onward chain.
The accommodation comprises an entrance hall, living room, separate study area, adjacent kitchen, 2 double bedrooms & shower room. Double-glazing & storage heating.
All the usual on-site facilities such as communal garden, residents lounge, guest apartment & laundry.
Flat 23, Magnolia Court, Plymstock Pl9 9Wh - Accommodation - Front door opening into the entrance hall.
Entrance Hall - 5.64m x 1.45m at widest point (18'6 x 4'9 at wides - Providing access to the accommodation. Built-in cupboard housing electric meter and consumer unit. Loft hatch. Storage heater.
Living Room - 5.36m x 4.42m (17'7 x 14'6) - Ample space for seating and dining. Fireplace with an electric fire. Storage heater. Window with a fitted blind with views towards Dunstone Woods.
Glazed double doors opening into the kitchen. Open-plan access into the study area.
Kitchen - 2.24m x 1.70m (7'4 x 5'7) - Base and wall-mounted cabinets with matching fascias, work surfaces and tiled splash-backs. Stainless-steel single drainer sink unit. Built-in oven and hob.
Space for fridge and separate freezer. Window with views towards Dunstone Woods. Study Area - 2.16m x 1.37m (7'1 x 4'6) - Window with roller blind with views towards Dunstone Woods.
Bedroom One - 4.98m to wardrobe rear x 3.81m (16'4 to wardrobe r - Window with roller blind. Recessed wardrobe with bi-folding mirrored doors. Storage heater.
Bedroom Two - 4.34m x 2.74m (14'3 x 9') - Window with roller blind. Wall-mounted slimline electric heater.
Shower Room - 2.74m x 2.18m (9' x 7'2) - Comprising an enclosed shower with a built-in shower system, basin with a cupboard beneath and wc. Fan heater. Extractor. Fully-tiled walls.
Doorway opening into the boiler cupboard with slatted shelving and housing the hot water cylinder.
Magnolia Court - Magnolia Court is surrounded by well-maintained, level communal gardens which surround Maple and Magnolia Court, available for all to use, and looked after within the maintenance agreement.
Other communal facilities include a residents' lounge, laundry room and a service lift. Council Tax - Plymouth City Council Council tax band B Lease - The lease length is 125 years starting from 2003.
The ground rent is £212.50 payable every 6 months. Due to be reviewed in November 2026.
The service charge is £356.67 per month and includes: water charges, communal areas & external maintenance and refurbishment, grounds maintenance, alarm system response, building insurance.
Service charges will change year upon year. Services - The property is connected to mains electricity, water and drainage.
Value & comps
No previous sales on record.
Returns
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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.
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