2-bedroom flat · PL3 4QB
Sold STCListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elim Court is a highly regarded, modern, purpose built retirement development offering a secure, comfortable and sociable lifestyle for owner occupiers aged 60 and over (for couples, at least one resident must be over 60) located in Peverell within close proximity to Hyde Park shops and excellent transport links.
With the reassurance of an on site Manager, the development enjoys a warm community atmosphere alongside excellent shared facilities.
Positioned on the first floor, this light and airy apartment provides well proportioned and thoughtfully designed accommodation.
The layout includes a fitted kitchen, a generous lounge/diner, two bedrooms with the principal bedroom benefiting from ample built in storage and a contemporary shower room with a walk in double enclosure.
A large storage cupboard adds valuable practicality and a lift serves all floors for ease of access.
For added peace of mind, the apartment is equipped with a Careline pull alarm system in all rooms, linked to a 24 hour personal care alarm service.
Residents enjoy a range of well maintained communal facilities, including a welcoming reception area, spacious residents lounge, communal kitchen and laundry room.
A visiting mobile hairdresser is also available.
Regular coffee mornings, social gatherings and food and entertaining evenings foster a strong sense of community, with the flexibility to dip in and out as desired, ensuring independent living at your own pace.
The development is surrounded by beautifully kept private landscaped gardens and benefits from an onsite car park.
The management charge includes water rates, and for added convenience, food and postal deliveries are made directly to the apartment door.
Combining independence with the reassurance of support when needed, this apartment offers a relaxed, sociable lifestyle in a setting designed to make everyday living easy and enjoyable.
A viewing is highly recommended. Please note: Furniture can be included in the sale.
First Floor - Lounge/Diner - 3.27 x 7.10 (10'8" x 23'3") - Kitchen - 2.31 x 2.68 (7'6" x 8'9") - Bedroom One - 2.80 x 5.33 (9'2" x 17'5") - Bedroom Two - 2.07 x 4.08 (6'9" x 13'4") - Shower Room - 2.80 x 1.61 (9'2" x 5'3") -
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About Elim Terrace, Plymouth
Explore nearby
