1-bedroom flat · PL6 6ED
Listing removedListed 174 days
Opportunity summary
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About
This purpose built flat is set on the first floor of this detached property and would make an ideal first home or investment property.
Internally the property comprises entrance hall, spacious living room, good sized double bedroom, bathroom and kitchen.
Further benefits include a private entrance and a lovely garden area, double glazed windows, gas central heating and two outside storage sheds.
Offered for sale with no onward chain Plymouth homes would advise an early viewing to avoid disappointment. Ground Floor - A private PVCu part glazed entrance door opens into the entrance hall.
Entrance - Entry is via a private uPVC part glazed entrance door opening into the entrance hall.
Entrance Hall - With obscure double-glazed window to the front, radiator and stairs rising to the first-floor landing. First Floor - Landing - With double glazed window to the side and radiator.
Lounge/Diner - 5.44 x 3.21max (17'10" x 10'6"ax) - A lovely sized reception room with double glazed windows to the side and rear, fireplace, radiator and door opening to the kitchen.
Kitchen - 2.59 x 2.41 (8'5" x 7'10") - Fitted with a matching range of base and eye level units with worktop space above, stainless steel sink unit with single drainer and mixer tap, tiled splashbacks, under-unit lighting, spaces for fridge and washing machine, fitted electric oven and four ring electric hob (installed 2022) with pull out cooker hood above, double glazed window to the side, built in cupboard housing the wall mounted boiler serving the heating system and domestic hot water (installed 2021), radiator, access to the loft space.
Bedroom 1 - 4.20 x 2.75 (13'9" x 9'0") - A good-sized double bedroom with double glazed window to the front, radiator and built in storage cupboard.
Bathroom - 1.89m x 1.73m (6'2" x 5'8") - Fitted with a three-piece white suite comprising panelled bath with separate shower above and shower screen, wall mounted wash hand basin, low-level WC, wall mounted mirrored cabinet, obscure double-glazed window to the side.
Outside - Front - A shared pathway leads to the private entrance of the property. Rear - The shared pathway leads to the rear and accesses two private storage sheds and the rear garden.
The rear garden is split in two with the top floor flat enjoying the use of the far end of the garden. Please see title plan opposite.
Lease Details - The term of the lease for this property is 215 years from 1987. This information was gathered from the information held by the Land Registry.
We have been advised by the seller that the ground rent is £10 per annum and there is a yearly service/maintenance charge of £450.
We recommend that potential purchasers inform their mortgage company and legal advisor of the lease term and ground rent prior to commencing a purchase.
Value & comps
No previous sales on record.
Returns
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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 Skerries Road, Southway, Plymouth
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