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See how verdicts work2-bedroom flat · PL2 2SH
For saleReduced £5k (−3.3%) on 29 SepListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented flat is located on the second floor of this purpose built development.
Internally the property comprises entrance porch and hallway, a lovely living room incorporating the lounge and dining areas.
There’s a modern kitchen, two good sized bedrooms and a modern shower room.
Further benefits include double glazing, central heating and externally there are communal garden areas and an allocated parking space located nearby.
Plymouth Homes advise an early viewing to fully appreciate this well-maintained home.
Ground Floor Entrance Entry is via a secure, communal main entrance and hallway with stairs rising to the second floor and a private door into 257c.
Second Floor Porch (1.38m x 0.75m (4'6" x 2'5")) Door into the hallway. Hallway With built in storage cupboard, radiator, wall mounted entry phone.
Living Room (4.57m max x 3.40m (14'11" max x 11'1")) A lovely reception space with double glazed window to the front enjoying partial views across Plymouth, radiator.
Kitchen (2.71m x 2.68m (8'10" x 8'9")) 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 concealed boiler serving the heating system and domestic hot water, spaces for fridge/freezer, slimline dishwasher and washing machine, fitted electric oven and four ring electric hob with pull out cooker hood above, double glazed window to the front.
Bedroom 1 (3.47m x 2.74m (11'4" x 8'11")) A good-sized double bedroom with double glazed window to the rear, radiator.
Bedroom 2 (2.87m x 2.34m (9'4" x 7'8")) A good second bedroom with double glazed window to the rear, radiator.
Shower Room (2.72m x 1.57m (8'11" x 5'1")) Fitted with a modern three-piece suite comprising, double shower enclosure with fitted rainfall shower above and separate hand shower attachment, vanity wash hand basin with cupboard storage below, low-level WC, radiator/towel rail, extractor fan.
Outside Surrounding the property are communal garden areas and a resident's bin store. Parking The property benefits from an allocated parking space located nearby.
Leasehold The term of the lease for this property is 150 years from 2004. This information was gathered from the information held by the Land Registry.
We have been advised by the seller that the ground rent is £50 per annum.
We have also been verbally informed by the seller, at the time of listing the property, that their maintenance payments are approximately £1400 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 257C, Beacon Park Road, Plymouth
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