2-bedroom flat · PL9 9PX
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented purpose built two double bedroom ground floor flat located in the popular area of Hooe.
Hooe offers a variety of local amenities to include a post office, convenience stores, public houses, a primary school and easy access to Plymouth City.
The property would make a great first time buy or investment property. Quote MK1406704 to view.
The well-proportioned accommodation comprises of an entrance hall with under stairs storage cupboard, a bright living room, separate kitchen, 2 double bedrooms and a family bathroom.
Externally there is an enclosed front garden laid to lawn and an external storage cupboard. The property has gas central heating, PVCu double glazing, and we await the results of a new EPC rating.
It is registered in Council Tax Band A. The property is leasehold with approximately 90 years remaining.
The current service charge is £550pa which includes the building insurance and the ground rent is £10pa. Quote MK1406704 to view.
Hallway Living Room – 5.39m x 3.25 (17'8" x 10'8") Kitchen - 4.15m x 1.83m (13'7" x 6'0") Bedroom 1 - 3.90m x 3.19m (12'10" x 10'6") Bedroom 2 – 3.12m x 3.12m (10'3" x 10'3") Bathroom 3.10 X 1.35 (10’2” x 4’5”) Outside Store 2.60m x 1.52m (8’6” x 4’11”)
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 109, South Hill, Plymouth
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