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See how verdicts workStudio flat · PL4 6AS
Sold STCListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £70,000 - £80,000.
Situated in an exceptionally convenient central location, this first-floor studio flat is set within an attractive period building and offers an excellent opportunity for first-time buyers or investors alike.Accessed via a well-maintained communal hallway and staircase, the flat is located to the rear of the building, providing a quiet and private setting.
The entrance hallway leads to a modern, well-appointed shower room before opening into a generous open-plan living space that incorporates the lounge, bedroom, and kitchen areas.The kitchen is stylishly fitted with a contemporary range of coloured units and includes an integral oven and hob.
The entire room benefits from a tiled floor and is further enhanced by the superb feature of a woodburner, creating a striking focal point and adding warmth and character to the space.Additional benefits include electric heating and uPVC double glazing throughout.
The lease was renewed in 2024 and now extends to 999 years, providing long-term security.
The annual service charge for the forthcoming year is £1,459.14 (£121.59 per month).Ideally positioned just off North Hill, the property is within a very short walk of Plymouth City Centre, the University, and a wide range of local amenities, making it a highly desirable and convenient location.
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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
FAQ
About North Road East, Plymouth. A Stylish Studio in the Heart of Plymouth, a little gem!
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