1-bedroom flat · PL4 7DN
Sold STCListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £120,000 - £130,000 Located just a short distance away from Mutley Plain is this one bedroom ground floor flat with use of its own garden area to the rear of the property.
The flat would be ideal for first time buyers or as a buy to let investment property. The main communal front door leads into a hallway with the door leading into the flat.
Upon entering the door into the hallway, doors lead off to the main living room which is spacious in size with a large bay window and a gorgeous feature fireplace.
At the rear of the property is the modern kitchen fitted with a stylish range of units comprising of a base cupboards with work surfaces over and a useful breakfast bar.
Along with this there are spaces for appliances and further wall mounted units.
A door from here leads out to the rear private garden area that is a absolute perfect setting that has a decked seating area and also a bar area ideal for entertaining.
The flat benefits from one double bedroom with a bay window to the rear overlooking the garden. Also there is a newly fitted modern bathroom with a Wc, wash hand basin and a bath.
This is a lovely spacious flat in this ideal central location, the flat benefits from a having a share of the freehold, the remainder of a 996 year lease and maintenance fees are agreed on an as and when basis.
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 Lisson Grove, Mutley, Plymouth. Modern one bedroom ground floor flat with a garden a short distance from Mutley Plain.
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