2-bedroom flat · PL4 0AY
For saleReduced £10k (−10%) on 5 AugListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the residential area of Cattedown is this modern two-bedroom purpose-built apartment offers an ideal first home.
Set in a popular central location, you’ll enjoy convenient access to local amenities, schools, green spaces and major transport links - all just moments away.
The well-presented accommodation features two double bedrooms, a spacious open-plan lounge/kitchen with integrated appliances, and a contemporary bathroom.
A Juliette balcony provides lovely views across nearby parkland, bringing in plenty of natural light. Further benefits include allocated parking and secure entry.
With its superb position and welldesigned layout, internal viewing comes highly recommended.
Agency Notes: Lease Term - 81 Years Remaning Annual Service Charge - tbc Annual Ground Rent - tbc Please note, there is a restriction on the lease that does not allow you to rent out the property.
Entrance Hall The Entrance Hall features built in storage.
Lounge/Diner 19' 8" x 14' 3" ( 5.99m x 4.34m ) The open plan Lounge / Diner features a double glazed front window and double doors with Juliette balcony, fitted carpet, radiator and ceiling light.
The Kitchen comprises of; matching wall and base units and built in appliances.
Bedroom One 14' 9" x 9' 7" ( 4.50m x 2.92m ) The first double Bedroom features a double glazed rear window, built in storage, fitted carpet, radiator and ceiling light.
Bathroom 14' 9" x 9' 1" ( 4.50m x 2.77m ) The second double Bedroom features a double glazed front window, built in storage, fitted carpet, radiator and ceiling light.
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
Agent & docs
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FAQ
About Flat 7, 4, Cattedown Road, Devon
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