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See how verdicts work1-bedroom flat · PL9 8GW
Listing removedListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one double bedroom, third floor apartment situated within the popular Sherford development, offering stylish open-plan living, an en-suite bathroom and allocated parking.
The accommodation is centred around a bright and contemporary open-plan lounge/kitchen/dining room, providing a versatile space for both relaxing and entertaining.
The kitchen is well incorporated into the living area, creating a modern and sociable layout.
The property features a spacious double bedroom, offering ample room for bedroom furniture, together with the benefit of a well-presented en-suite bathroom.
Externally, the apartment benefits from an allocated parking space, situated within a nearby communal parking area to the rear of the building.
With its modern accommodation, convenient layout and location within the established Sherford community, this apartment would make an appealing first-time purchase!
A beautifully presented one double bedroom, third floor apartment situated within the popular Sherford development, offering stylish open-plan living, an en-suite bathroom and allocated parking.
The accommodation is centred around a bright and contemporary open-plan lounge/kitchen/dining room, providing a versatile space for both relaxing and entertaining.
The kitchen is well incorporated into the living area, creating a modern and sociable layout.
The property features a spacious double bedroom, offering ample room for bedroom furniture, together with the benefit of a well-presented en-suite bathroom.
Externally, the apartment benefits from an allocated parking space, situated within a nearby communal parking area to the rear of the building.
With its modern accommodation, convenient layout and location within the established Sherford community, this apartment would make an appealing first-time purchase!
Communal entrance with private post boxes for each apartment within the block and stairs leading to all floors. Stairs leading to the top floor with velux window to rear elevation.
Private entrance to; entrance hall Radiator, wall mounted entry phone system, double built-in storage cupboard housing the fuse box and a wall mounted Ideal boiler providing hot water and central heating.
Doors lead off the entrance hall providing access to all rooms. Open plan lounge/kitchen/dining room lounge/diner 15'5 x 13'2 (4.74m x 4.04m) 2 x radiators, ceiling spotlights, carpeted flooring.
Opening to; kitchen 12'1 x 6'0 (3.7m x 1.83m) A stylish and well appointed kitchen with fitted grey base and eye level units, wood effect worktops, integrated oven and 4 ring gas hob with stainless steel splashback and extractor canopy over, herringbone effect flooring, integrated fridge freezer, single bowl stainless steel sink unit with mixer tap, space and plumbing for a washing machine, UPVC double glazed window to front elevation.
Bedroom 14'7 x 10'8 (4.5m x 3.3m) Radiator, a dual aspect room with 2 x UPVC double glazed windows to rear and side elevations, access to a useful loft space.
Door to; en-suite bathroom 7'5 x 7'2 (2.3m x 2.2m) A well presented and generously proportioned bathroom featuring a modern white suite comprising a panelled bath with glass shower screen, mixer taps and shower attachment.
Pedestal wash basin and low level WC, wood effect flooring, radiator, extractor fan.
Outside To the rear of the property is a communal parking area, with an allocated parking space belonging to the property. Adjacent to the parking area is a communal bike shed and communal bin store.
Buyers information As part of the purchasing process, we are required by law to carry out identity and Anti-Money Laundering checks on all purchasers of a property, in line with Money Laundering Regulations.
We therefore charge buyers an aml and administration fee of £30.00 including VAT for 1 applicant or £50.00 including VAT for 2 applicants.
To complete these checks, we use an approved third-party verification provider. The checks must be completed before we are able to formally proceed with your purchase.
Services All main services are connected to the property. Viewing Strictly by prior appointment through Swift Estate Agents. Additional information The tenure of the property is leasehold.
We understand from the seller that there are 120 years remaining on the lease (125 year lease from 2021).
FirstPort Property Management oversees a yearly service and maintenance charge of approximately £200.00 and the seller currently pays LiveWest £540.00 per year for the upkeep of the internal communal areas.
This property is subject to a S106 agreement and can only be purchased by First-Time Buyers.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Third Floor Apartment, 38, Aquila Drive, Plymouth
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