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See how verdicts work3-bedroom flat · PL1 3QN
For saleReduced £10k (−4.3%) on 21 SepListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Durnford Street is located in the heart of Stonehouse, moments away from Royal William Yard and Firestone Bay.
Stonehouse is positioned on the edge of Plymouth City Centre and gives easy access to Plymouth Train Station and Plymouth Hoe.
Royal William Yard has a range of local and national traders and a range of eateries including a wine bar.
The Cremyl Ferry gives access to Mount Edgcumbe, over to Saltash and offers trips across to the historic Barbican.
Plymouth has a train station with direct access into London Paddington and Birmingham New Street.
Plymouth City Centre has Drake Circus Shopping Centre and the Barcode Leisure Complex, plus the Theatre Royal.
The Property Located on the second floor, you enter the property into a hallway, which has stairs leading up to the third floor and doors leading into the lounge, kitchen/breakfast room, main bedroom and the shower room.
There is a window to the rear elevation, plus a sky light. The lounge is a great size with a large bay window to the rear elevation, offering views over the Royal William Yard and over the water.
There is space for an array of furniture.
Located at the front of the property is the open plan kitchen/breakfast room, which is a lovely size and has a wide range of wall and base mounted units, complete with a work surface over.
There is space for a wide range of appliances and a sash window to the front elevation.
The main bedroom is a similar size to the kitchen/breakfast room and has two sash windows to the front elevation. This can be used as an additional reception room if required.
The shower room has a walk in shower cubicle, low level w/c and hand wash basin. There are tiled splash backs and an extraction fan.
Upstairs, the landing leads through to two further double bedrooms and the bathroom.
Bedroom two is located at the front of the property and has a sash window to the front elevation and a range of exposed beams.
Bedroom three is also a good double size, with a double glazed sash window offering views over the water and surrounding area, with a range of exposed beams.
The bathroom is a great size, with a walk in shower cubicle, a panelled bath, plus a hand wash basin, low level w/c and a heated towel rail.
The bathroom has tiled splash backs, an extraction fan and a cupboard giving storage space within the eaves. Externally, the property has an allocated parking space in the residents car park.
This car park is accessed via Cremyll Street.
There is a communal door giving access to the rear of the property Tenure & Services Tenure - Leasehold Lease Length - 982 Years Service Charge - £1140 including water Services - Mains Water, Gas, Drainage & Electricity.
Connected to Fibre Broadband. EPC - D Listing - Grade II - Listing Number 1319622 Council Tax Band - B
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.
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FAQ
About Flat 4, 54, Durnford Street, Plymouth
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