3-bedroom flat · PL1 5QR
Listing removedReduced £30k (−20%) on 29 MayListed 268 days
Opportunity summary
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About
This amazing three bedroom maisonette is located within an iconic grade II listed converted property and can only be fully appreciated by an internal viewing.
Cash buyers only It offers unique and quirky accommodation throughout with an open plan living space with double height ceilings and two of the bedrooms located on a mezzanine floor.
It is both spacious and bright throughout, has retained many original features and offers adaptable living.
The accommodation briefly comprises: Communal entrance and stairs to first floor - Entrance Hall - Access to WC and bedroom, stairs leading to the upper floor landing, access to lounge/diner/kitchen, understairs storage.
GROUND FLOOR Cloakroom Living/Dining Area 22'6" x 16'10" Kitchen 19'0" Max x 7'5" Bedroom One 11'5" x 12'7" En-Suite Shower Room FIRST FLOOR Upper Floor Landing Bedroom Two 12'8" x 11'4" En-Suite shower room Bedroom Three 22'9" x 12'8" OUTSIDE Communal gardens and reserved parking SERVICES: Mains water, electricity & drainage (These services have not been verified) COUNCIL TAX BAND: C NOTICE: Money laundering regulations - Intending purchasers will be asked to produce identification documentation.
LEASE INFORMATION We understand the apartment is held on Lease with approximately 199 years remaining and subject to a service charge of approximately approximately £5,614 per year and an annual ground rent of approximately £200.
The above information is provided in good faith although we would recommend that prospective purchasers consult their own solicitor for formal verification.
AGENTS NOTE - This property is Grade II Listed.
The current owners are unaware of any restrictive covenants, rights of way (private or public) that affect the property and any potential buyer must obtain verification from their solicitor.
Flood risk - Surface water (low), Surface water between 2040 - 2060 (medium), Rivers and Sea (very low) (taken from GOV website February 2025) These particulars do not constitute part or all of an offer or contract.
All measurements are approximate and photographs provided for guidance only. Potential buyers are advised to recheck the measurements before committing to any expense.
Sensible Move has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
Sensible Move has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Paradise Road, Plymouth, Devon, PL1 5QR
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