2 × 1-bed flat · PL1 5EG
For saleListed today
Opportunity summary
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About
Guide Price £55,000 (plus fees). For sale by Online Timed Auction opening 23rd November and closing 24th November. A one-bedroom flat in Plymouth.
Legal pack available to download free of charge via our website. Second Floor Flat A one-bedroom flat set within a Grade II Listed building in Plymouth.
Requiring refurbishment throughout, the accommodation comprises a living room, kitchen, bedroom and bathroom. GCH. The property is conveniently located within walking distance to Plymouth city centre.
AUCTIONEERS NOTE The seller will not respond to direct enquiries. Please direct all queries to Auction House South West and consult the legal pack (when available).
A new 999 year lease will be provided on completion.
ACCOMMODATION Living Room Kitchen Bedroom Bathroom FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website.
All published information is to aid identification of the property and is not necessarily to scale. VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction.
Please telephone Auction House South West on to request a viewing.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Tenure: Leasehold EPC Rating: C69 Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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
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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 Flat E, 19 - 20 Wyndham Square, Plymouth PL1 5EG
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