We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · PL4 9NA
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £80,000 TO £90,000 Centrally situated this ground floor flat is arranged over 542 sq. ft. with off road parking to the rear.
Internally offering an 11' x 11' sitting room, a 12' double bedroom, a modern fitted 13' kitchen, modern fitted shower room, a 7' storage room & generous hallways.
Externally the property benefits from a rear courtyard, Perfectly positioned within easy reach of Plymouth city centre and its excellent range of amenities to include the world-famous Barbican and Hoe.
This well-presented ground floor flat represents an ideal opportunity for first-time buyers, those looking to downsize or investors seeking a property with excellent rental potential.
Arranged over 542 sq.
ft., the property combines generous internal proportions with modern fixtures and fittings, whilst benefiting from the increasingly sought-after advantage of off-road parking and a private rear courtyard.
The property is entered via a spacious entrance hallway, creating an immediate sense of space and providing access to the principal accommodation.
At the heart of the home is the bright and welcoming 11' x 11’ sitting room, featuring a charming bay window that allows an abundance of natural light to flood the room, creating an ideal setting for relaxing or entertaining.
Complementing the living accommodation is the 13' modern fitted kitchen/breakfast room, offering an excellent range of contemporary wall and base units, integrated appliances, ample worktop space and room for everyday dining, making it both practical and stylish.
The generous 12' double bedroom provides comfortable accommodation with ample space for freestanding furniture, whilst the modern shower room has been fitted with a contemporary white suite, offering a clean and stylish finish.
Further enhancing the accommodation is a particularly useful 7' storage room, providing valuable additional space for household items, together with the benefit of generous hallways that contribute to the property's spacious feel.
Externally, the property enjoys a private rear courtyard, providing a pleasant, low-maintenance outdoor seating area ideal for enjoying the warmer months.
To the rear there is the significant advantage of off-road parking, a valuable feature for a centrally located property and also a benefit of ramped access to the property.
Offering spacious accommodation, modern interiors and a highly convenient location, this superb ground floor flat is ready to move straight into and presents an excellent opportunity for owner occupiers and investors alike.
Agents Note The remaining term of the lease may make it difficult to obtain mortgage finance on this property.
We strongly recommend that prospective purchasers consult their mortgage lender or independent financial adviser regarding lending eligibility before submitting an offer.
Agents Note Tamar Estates recommends that all prospective viewers complete the 3D virtual tour before arranging an in-person viewing, ensuring the property is suitable for their requirements before booking a visit.
The Location Plymouth, known as Britain's Ocean City, is a dynamic coastal destination offering a rich blend of history, culture, and modern living.
Positioned between the scenic South Devon coastline and the rugged beauty of Dartmoor National Park, Plymouth enjoys a stunning natural setting alongside excellent urban amenities.
The city boasts a diverse range of neighbourhoods, from the bustling waterfront of The Barbican and Sutton Harbour to the leafy suburbs of Mannamead and Peverell.
Plymouth Hoe, with its iconic lighthouse and sweeping sea views, is a centerpiece for outdoor leisure, while Royal William Yard provides a vibrant hub for dining, shopping, and entertainment.
The Location Plymouth is steeped in maritime history, famously linked to the Mayflower Pilgrims and Sir Francis Drake.
Today, its cultural scene thrives with theatres, galleries, and the award-winning National Marine Aquarium.
For families, the city offers a wide choice of excellent schools and parks, while professionals benefit from strong transport links, including a direct rail service to London and easy access to the A38.
Whether you're drawn to Plymouth for its coastal lifestyle, historical charm, or modern conveniences, it's a city that caters to all.
From waterside apartments to suburban family homes, Plymouth offers something for everyone in an unbeatable South West location.
The Property Entrance Hallway 0.88m x 5.29m Sitting Room 3.49m x 3.5m Bedroom 2.3m x 2.57m Kitchen/Breakfast Room 2.25m x 4.01m Hallway 4.05m x 1.03m Storage Room 1.01m x 1.46m Shower Room 1.89m x 1.46m Vendor Situation This property will have NO onward chain.
Directions What3Words///lows.estate.battle Material Information Tenure: Leasehold Lease Length: 99 years from 24th June 1987 Council Tax Band: A with Plymouth City Council.
Broadband: Standard, Superfast & Ultrafast. Mobile: EE, 3, O2 & Vodafone Likely Mains: Electricity, Water, Gas & Drainage. Heating: Gas.
Rights and Restrictions: Shared Courtyard & Parking Area With Top Floor Flat. Flood Risk: Very Low Risk Disclaimer 1.
Accuracy of Information: These sales particulars have been prepared as a general guide only and do not form part of any offer or contract.
All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are provided in good faith and are believed to be accurate at the time of publication.
However, they should not be relied upon as statements or representations of fact, and any interested parties should independently verify the accuracy of the information. 2.
Measurements and Floor Plans: All measurements are approximate and provided for general guidance only. Floor plans are not to scale and are for illustrative purposes only.
Purchasers are advised to check measurements for specific purposes, such as furniture placement or structural changes. 3.
Condition and Suitability: No warranty or guarantee is provided regarding the condition, structural integrity, or suitability of the property for any specific purpose.
Interested parties are advised to obtain professional surveys and legal advice before entering into any contract. 4.
Services and Appliances: The agent has not tested any services, systems, or appliances at the property.
Purchasers are encouraged to carry out their own investigations to confirm that these are in working order. 5.
Photographs and Marketing Materials: The photographs, videos, and other marketing materials included in these particulars are for illustrative purposes only and may include items that are not part of the sale.
Properties may appear different during viewings. 6.
Third-Party Information: Where information has been provided by third parties (such as planning permissions or legal documentation), the estate agent does not accept liability for any inaccuracies or omissions.
7. Viewing Arrangements: Viewings are strictly by appointment through the estate agent. Any prospective purchasers entering the property do so at their own risk. 8.
Fees: In accordance with Anti-Money Laundering Regulations, Tamar Estates is legally required to carry out customer due diligence checks on all clients.
This includes verifying identity and confirming the source of funds for any transactions. To comply with these legal obligations, we engage third-party providers to conduct the necessary checks.
A non-refundable fee of £60.00 (inclusive of VAT) will be charged to cover the cost of these verification processes. 8.
Fees: (Continued) This fee is payable prior to commencing any property marketing or at the point of acceptance of an offer on a property.
Failure to provide the required information or complete the necessary checks may result in delays, the termination of our services or your offer not being accepted.
For further information on our obligations under the Money Laundering Regulations, please contact us at 9.
Regulatory Compliance: This property is marketed in compliance with the Consumer Protection from Unfair Trading Regulations 2008, the Business Protection from Misleading Marketing Regulations 2008 & and NTSELAT Material Information Parts A, B & C.
Should you have any concerns, please contact the estate agent. 10.
Solicitor Referral: Tamar Estates may refer clients to one of our preferred solicitors for conveyancing or related legal services.
Please note that Tamar Estates may receive a referral fee of up to £125.00 (plus VAT, if applicable) from the solicitor upon completion of a transaction.
This payment does not affect the fees you are charged by the solicitor, and you are under no obligation to use any solicitor recommended by us. You are free to appoint any solicitor of your choice.
11. Offers: "We Will Beat Any Fee"* Terms and Conditions: Tamar Estates will beat any written quotation from a competing UK estate agent for an equivalent residential sales service.
The quotation must be current (within the last month), verifiable and provided prior to instruction.
Comparison is made on a like-for-like basis and excludes online-only marketing packages, auction fees, referral fees, discounted or staff rates and ancillary charges.
Tamar Estates reserves the right to decline any request where the competing service is not comparable.
Value & comps
No previous sales on record.
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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 starting price
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 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 Mainstone Avenue, Plymouth, Devon, PL4
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