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See how verdicts work2-bedroom flat · PL4 9RA
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now is this lovely completely refurbished 2 bedroom first floor flat in a popular development. Conveniently located for the centre of Plymouth.
Accommodation comprising 2 bedrooms, modern shower room, lovely size lounge/dining room with balcony & adjoining kitchen. 1 allocated parking space. Double-glazing & central heating. No chain.
121 White Friars Lane, Plymouth, Pl4 9Ra Accommodation Access to the property is gained via a communal entrance with entry phone system leading into the entrance hall.
There are stairs rising to the first floor with entrance into the flat through the wooden entrance door. Entrance Hall L-Shaped hallway. Wall-mounted phone entry system.
Doors leading through to lounge/diner, bedrooms, shower room & airing cupboard housing heater, shelving & hanging rail.
Lounge/Dining Room (4.36m x 3.91m (14'3" x 12'9")) Dual aspect room with uPVC double-glazed window to the side.
UPVC double glazed sliding patio doors to the rear elevation leading out onto the Juliette balcony. Ample space for dining table & sofas. Doorway leading into the kitchen.
Kitchen (3.21m x 2.16m including kitchen units (10'6" x 7'1) Attractive modern matching white high-gloss base & wall-mounted units. Fitted oven.
Space for washing machine & upright fridge/freezer. Roll-edge laminate wood-effect work surfaces with inset 4 ring ceramic hob with stainless steel hood over & glazed splashback.
Inset single drainer sink unit with mixer tap. Wall-mounted Worcester boiler concealed in unti. Grey wood-effect lvt flooring. UPVC double-glazed window to rear.
Bedroom One (3.41m x 2.69m (11'2" x 8'9")) UPVC double-glazed window to front. Bedroom Two (2.23m x 2.1m (7'3" x 6'10")) UPVC double-glazed triangular bay window to front.
Shower Room (2.08m x 1.91m (6'9" x 6'3")) Attractive matching modern suite of walk-in shower cubicle with fitted shower & dual shower heads, both rainfall & hand-held. Fitted aqua-boarding.
Close coupled wc. Pedestal wash-hand basin inset into white high-gloss vanity storage cupboards below. Chrome heated towel rail. Wall-mounted mirror. Shaving Point. Extractor fan.
Grey wood-effect laminate flooring. Outside A short walk away from the property is an allocated parking space, there is also visitor parking beside the property.
Tenure Lease term is 125 years started 30/09/1994 with approximately 92 years left. No ground rent. Managed by Freehold Management Services ltd.
Annual service charge is £990 or £492.32 every 6 months. Service charge can be paid monthly and is £82.05 per month. Freeholder is Tay Homes ltd.
Council Tax Plymouth City Council Council Tax Band: B Services The property is connected to all the mains services: Gas, electricity, water and drainage.
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
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FAQ
About 121, White Friars Lane, Plymouth
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