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See how verdicts work2-bedroom flat · PL1 2LP
For saleListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom flat at 1 White Lane, Plymouth, PL1 2LP, is set within a converted 18th Century warehouse in the heart of the historic Barbican.
It's a Grade II listed with reference 1386270, mixing original features with modern comforts.
It has two double bedrooms, a bathroom, and an open-plan living area & has been recently decorated with new carpets, instant water heater & electric hob etc.
You enter via a spacious hallway – a useful space.
The main living space brings together the lounge, kitchen, and dining area, with lots of natural light and a Juliet balcony offering views over the cobbled streets and marina in the distance.
The lounge diner features the original stone walls with wood floors, exposed beams & French doors to the balcony.
The kitchen area is well-equipped with white cabinets & integrated appliances – dishwasher and washing machine.
The bedrooms are both doubles - with natural light, white walls, and views to the cobbled streets.
The bathroom is clean and functional, with a white suite, glass shower screen, tiled floor, and built in sink unit.
There are high ceilings and period details throughout this apartment which add character. Parking is available through the council's resident permit scheme, which is a real help in this location.
This is a rare share of Freehold property in a small, well managed block (option to be on the management board), with a very reasonable service charge.
Location This flat is in the centre of Plymouth's Barbican, known for its cobbled streets, buildings from Tudor and Jacobean periods, and more than 200 listed properties.
It revolves around streets like Southside Street and The Barbican, with a good selection of pubs, bars, and restaurants covering Italian, Greek, Mexican, British, and more.
The waterfront at Sutton Harbour has independent shops, galleries, cafes, and an active social vibe, so it's straightforward to join in.
One of the main draws is the close proximity to pubs and bars – perfect if you like having options on your doorstep.
You're just a short walk from the Dolphin Hotel, along with spots like the Queens Arms for its welcoming atmosphere and solid drink choices, or the Plymouth Gin Distillery offering tours, tastings, and cocktails such as a Tom Collins.
There's The Bottling Plant in an old gin building for laid-back evenings, Kitty O'Hanlons with a lively feel, and gastropubs like the Fishermans Arms.
Other choices include the Maritime Inn, Custom House, Bonne Santé, Bar Rakuda, and Annabel's Cabaret for nights out. Plenty of places for a pub crawl if that's your thing.
For transport, regular buses like Route 1 stop nearby – handy for spots like the Brass Monkey – connecting you to the wider Plymouth area.
Alternatively, year-round ferries and water taxis from the Barbican wharves link to Mount Batten, Royal William Yard, Mount Edgcumbe, or Cawsands in Cornwall.
Bike hire is available for local trips, and it's easy to get to Plymouth Hoe, the city centre, or Dartmoor National Park.
In short, it's a great base for city living with history, nearby pubs, and reliable links to get around
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
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FAQ
About 1, White Lane, Plymouth, PL1
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