1-bedroom flat · PL2 3JA
For saleListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious, purpose built flat is positioned on the first floor of this development and would make the perfect first-time home.
Internally the accommodation offers: Entrance hall, living room, kitchen, double bedroom and shower room.
Further benefits include a private main entrance, double glazing, central heating, loft access and surrounding communal gardens.
Offered for sale with no onward chain, Plymouth Homes advise an early viewing.
Ground Floor A gate and shared pathway from the roadside leads to the rear of the building where steps then rise to the first-floor level and a private, uPVC half glazed entrance door opening into the entrance hall.
First Floor Entrance With radiator, dado rail, access to the loft space and built in storage cupboard.
Living Room (4.47m x 3.95m (14'7" x 12'11")) A good-sized reception space with two double glazed windows to the front rear, walk in storage cupboard, radiator, dado rail, coving to ceiling, door into the kitchen.
Kitchen (3.45m x 1.80m (11'3" x 5'10")) Fitted with a matching range of base and eye level units with worktop space above, stainless steel sink unit with single drainer and mixer tap, tiled splashbacks, wall mounted boiler serving the heating system and domestic hot water, space for washing machine, fitted oven and four ring gas hob with cooker hood above, double glazed window to the front, walk in storage cupboard.
Bedroom (3.67m x 3.35m (12'0" x 10'11")) A double bedroom with double glazed window to the rear, radiator, built in storage cupboard.
Shower Room (2.01m x 1.80m (6'7" x 5'10")) Fitted with a three-piece suite comprising shower cubicle with fitted electric shower above, pedestal wash hand basin, tiled surround, low-level WC, obscure double-glazed window to the rear, radiator.
Outside Surrounding the building are communal lawned garden areas, the rear with communal washing lines. Leasehold The term of the lease for this property is 125 years from 1992.
This information was gathered from the information held by the Land Registry. We have been advised by the seller that the ground rent is £10 per annum.
We have also been verbally informed by the seller, at the time of listing the property, that their maintenance payments are approximately £1060 per annum.
This will be verified by the purchasers legal advisor during the conveyancing process.
We recommend that potential purchasers inform their mortgage company and legal advisor of the lease term and ground rent prior to commencing a purchase.
Agent's Note These sales particulars are only in draft format and have yet to be approved by the seller. They are therefore subject to change.
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 79a, North Prospect Road, Plymouth
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