9-bedroom terraced house · PL1 3AU
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
9 Bed Shared House, Citadel Road, PL1 3AU 9 Rooms available 1st July 2027 The Property: This recently refurbished grand 9-bedroom property, located on Plymouth's iconic Hoe is less than a three minute walk to the sea front and a 15 minute walk to Plymouth University.
The property consists of 9 double bedrooms one kitchen and a huge open-plan lounge/diner that really shines through with the "Wow factor.
The communal lounge space has been fully refurbished, creating a luxury feel when you enter the property and its vast size makes it the perfect place for any social gathering.
All of the bedrooms received brand new modern carpet and furnishings over the summer of 2021, which complements the rest of the house magnificently, perfectly mixing both contemporary and period features.
There is also parking at the rear of the property for up to 2 cars if double parked.
The Bedrooms: 7 en-suite medium double bedrooms - £545 per calendar month, per room (Includes: Gas, Water, Electric, WiFi & Communal TV Licence).
2 en-suite large double bedroom - £565 per calendar month, per room (Includes: Gas, Water, Electric, WiFi & Communal TV Licence). The Location: Plymouth University - Less than a 15 minute walk.
Plymouth City Centre - Less than a 6 minute walk. Plymouth Train Station - Less than a 18 minute walk. The Hoe - Less than a 2 minute walk.
What we think: This student property is one of the very few in the entire city that is within a couple minutes walk of the seafront, consisting of nearly all en-suite rooms, with the Wow factor really shining through in the communal space.
*Most of our tenancy agreements are intended for students. Rent is calculated over a 50 week academic year period, subject to the terms of the tenancy agreement and applicable legislation.
A limited number of student properties may have alternative arrangements, which will be clearly explained before any tenancy agreement is entered into.
Our all-inclusive utility rates cover you for a fair usage amount, which has been taken over years of experience with student utility usage in accordance with the current rates.
We do not guarantee any permit parking, we advise each of our tenants to check with the local city council themselves, to confirm the parking or permit situation for the relevant property.
Full time students will be exempt from council tax. We do not take any form of deposit when you apply for one of our Student properties.
On these properties, we will require a holding payment equivalent to 1 weeks rent, along with a UK based guarantor.
Please refer to the terms and conditions section on our website for answers to any other queries.*
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Citadel Road, Plymouth
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