1-bedroom flat · PL9 9UD
Under offerListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering a wonderful opportunity to embrace a more relaxed and easy to manage way of life, this delightful one bedroom third floor apartment, accessed via lift, is perfectly positioned within the popular Maple Court retirement development in the heart of Plymstock.
Ideal for those looking to down size while retaining their independence, Maple Court offers the comfort of having your own private home alongside the reassurance and companionship of a welcoming retirement community.
Location is a real highlight here.
The Broadway Shopping Centre is within easy reach, providing a fantastic selection of shops, cafés and everyday essentials, while local doctors, pharmacies and excellent bus connections are all conveniently close by.
Whether it is popping out for a coffee, meeting friends, picking up the shopping or catching a bus into Plymouth, everything needed for day to day living is wonderfully accessible.
The apartment itself provides a comfortable and manageable home that would be ideal for someone looking to down size while retaining their independence.
Internally, the accommodation comprises a welcoming lounge with plenty of space to relax and unwind, a separate kitchen, a comfortable double bedroom and bathroom.
The apartment provides a lovely blank canvas for a new owner to add their own personality and create a home to truly settle into and enjoy.
One of the lovely aspects of Maple Court is the balance between having your own private home and being part of a friendly retirement community.
Residents have access to a communal lounge, offering a welcoming space to socialise and meet neighbours, along with attractive communal gardens where you can sit outside and enjoy the warmer months without the responsibility of maintaining a garden yourself.
There is also the reassurance of a warden and emergency call facilities, providing additional peace of mind while allowing residents to continue enjoying their independence.
Further facilities include communal laundry facilities and a guest suite which can be booked for visiting family and friends, subject to availability.
The property was originally granted a 125 year lease from 1st April 2003, providing approximately 101 years remaining.
For someone looking to simplify their lifestyle without giving up their independence, 59 Maple Court is a fantastic opportunity.
With its third floor position easily accessible via the lift, excellent communal facilities and The Broadway, doctors, shops and bus connections all close at hand, this is a wonderfully convenient and welcoming place to call home in the heart of Plymstock.
You must be over 60 years of age or as a couple one party at 60 years of age and one can be 55 years or older. The annual ground rent is £828.70 per annum and the annual service charge is £2,537.16.
Directions Please contact the office for directions what3words /// artist.festivity.losses Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 59 Maple Court, Horncross Road, Plymouth
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