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See how verdicts work2-bedroom flat · PL6 8DL
Listing removedListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located close to Derriford Hospital and Plymouth Marjon University, this stunning, second floor flat boasts accommodation measuring 74.2 sq. Metres (798.8 sq. Feet).
Internally the apartment offers entrance hall, a stunning triple aspect living room incorporating the lounge, dining and kitchen areas.
There are two large double bedrooms, en-suite shower room and a bathroom.
Further benefits include double glazing, central heating, privately owned solar panels to help lower energy bills and externally there is a rear communal garden and an allocated parking space.
Plymouth Homes strongly recommend an early viewing to fully appreciate the space and accommodation on offer within this beautiful home.
Ground Floor Entrance Entry is via a secure, communal main entrance with secure door to the communal garden and stairs rising to the second-floor landing.
Second Floor Landing With private door into flat 9 into the entrance hall.
Entrance Hall With radiator, wood effect laminate flooring, wall mounted entry phone, recessed ceiling spotlights, access to the loft space, two built in storage cupboards, one housing the hot water cylinder.
Living Room (6.57m x 3.98m (21'6" x 13'0")) A particular feature of the apartment is this lovely, triple aspect reception space incorporating the lounge, dining and kitchen areas.
There are double glazed window to front, side and rear making the room a lovely and light space, with two radiators, wood effect laminate flooring, recessed ceiling spotlights and open plan access to the kitchen.
Kitchen (2.93m x 2.21m (9'7" x 7'3")) Fitted with a matching range of modern base and eye level units with worktop space above, stainless steel sink unit with single drainer and mixer tap, wall mounted concealed boiler serving the heating system and domestic hot water, spaces for upright fridge/freezer and washing machine, fitted electric oven and four ring gas hob with stainless steel cooker hood above, double glazed window to the front, wood effect laminate flooring, recessed ceiling spotlights.
Bedroom 1 (3.92m x 3.31m (12'10" x 10'10")) A good-sized double bedroom with double glazed window to the side, radiator, recessed ceiling spotlights, door into the en-suite.
En-Suite (2.73m x 1.42m (8'11" x 4'7")) Fitted with a three-piece suite comprising wall mounted vanity wash hand basin with cupboard storage below, double shower enclosure with fitted rainfall shower above and separate hand shower attachment, low-level WC, tiled surround, extractor fan, wall mounted cabinets, obscure double-glazed window to the side, radiator, tiled flooring, recessed ceiling spotlights.
Bedroom 2 (3.15m x 3.07m (10'4" x 10'0")) A second large double bedroom with double glazed window to the front, radiator.
Bathroom (2.04m x 1.58m (6'8" x 5'2")) Fitted with a three-piece white suite comprising panelled bath, pedestal wash hand basin, low-level WC, tiled splashbacks, extractor fan, wall mounted cabinet, shaver point.
Outside To the rear of the building is a well maintained, south westerly facing communal garden with lawned and paved areas. From the garden side access is given to the bin storage area.
Parking The property benefits from an allocated parking space located to the front of the building.
Solar Panels The property benefits from privately owned, solar water panels that help to lower energy bills.
The panels heat the hot water supply, so the boiler then requires less energy to heat the water to the desired temperature. Leasehold The term of the lease for this property is 999 years from 2012.
This information was gathered from the information held by the Land Registry.
We have also been verbally informed by the seller, at the time of listing the property, that their maintenance payments/ground rent is approximately £1,600 per year.
This will be verified by the purchasers legal advisor during the conveyancing process.
We recommend that potential purchasers inform their mortgage company and legal advisor of the lease term and ground rent prior to commencing a purchase.
Agent’s Note These sales particulars are only in draft format and have yet to be approved by the seller. They are therefore subject to change.
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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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.
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FAQ
About Flat 9, 11, Piper Street, Plymouth
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