We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · PL5 1DZ
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £120,000 to £130,000 ** Nestled in the sought-after area of Barne Barton, Plymouth, this purpose-built ground floor apartment offers a wonderful opportunity for first-time buyers and investors alike.
The property boasts three generously sized bedrooms, providing ample space for family living or accommodating guests.
The modern fitted kitchen is both stylish and functional, perfect for those who enjoy cooking and entertaining.
The large sitting room/diner creates a welcoming atmosphere, ideal for relaxing or hosting gatherings with friends and family.
The sleek bathroom, complemented by a separate toilet, adds to the convenience of this well-designed apartment.
One of the standout features of this property is the allocated off-road parking space, ensuring that you have a secure place for your vehicle.
Additionally, the absence of an onward chain makes for a smooth and hassle-free purchasing process.
Situated close to a variety of amenities, including schools and shops, this apartment is perfectly positioned for everyday convenience.
Early viewing is highly advised to fully appreciate the potential this property has to offer. Don't miss out on the chance to make this delightful apartment your new home.
Cross Keys Estates - As one of Plymouths' leading QUALIFIED estate agents for over two decades, we are proud to have been offering our multi award winning customer service since day one.
If you are currently on the market or you are thinking of putting your property on the market, why not give us a call, you will not be disappointed.
98% of our clients recommend us to their friends and family and our results, when it comes to sales, are unrivalled.
Plymouth - Plymouth, Britain’s Ocean City, is one of Europe’s most vibrant waterfront cities.
Located in one of the most beautiful locations imaginable, Plymouth is sandwiched between the incredible South West coastline and the wild beauty of Dartmoor National Park.
Plymouth is 37 miles south-west of Exeter and 190 miles west-southwest of London, between the mouths of the rivers Plym to the east and Tamar to the west where they join Plymouth Sound to form the boundary with Cornwall, it is also home to one of the most natural harbours in the world.
To the North of Plymouth is Dartmoor National Park, extending to over 300 square miles, which provides excellent recreational facilities.
The city is home to more than 260,000 people, making it the 30th most populated city in the United Kingdom and the second-largest city in the Southwest, after Bristol and has a full range of shopping, educational and sporting facilities.
There is mainline train service to London (Paddington) and to Penzance in West Cornwall.
There’s everything that you would expect to find in a cool, cultural city, with great shopping, arts and entertainment.
But there’s also hundreds of years of history to uncover, from Sir Francis Drake and the Spanish Armada to the Mayflower sailing in 1620, to a city rebuilt following the Blitz during World War II.
With easy access to Exeter and its International Airport and a mainline train station giving direct access to London and a ferry port offering sea crossings to both France and Spain.
Plymouth is governed locally by Plymouth City Council and is represented nationally by three MPs.
Plymouth's economy remains strongly influenced by shipbuilding and seafaring including ferry links to Brittany and Spain, but has tended toward a university economy since the early 2000's.
It has the largest operational naval base in Western Europe – HMNB Devonport.
St Budeaux - Today, St Budeaux includes a Catholic church, a Methodist church, a Baptist church and two Church of England churches.
It also has a public library, three pubs, four primary schools and two railway stations, although the village does not have its own secondary school.
Most of the main shops including a KFC outlet, are situated in St Budeaux Square which is adjacent to Wolseley Road.
Most children of secondary school age in the area attend Marine Academy Plymouth in the nearby ward of King's Tamerton or bus to one of the residual grammar schools or one of the many other community colleges.
While the official boundaries of the ward itself cover approximately 5 square kilometres, St Budeaux is often considered to include the neighbouring wards of Barne Barton and Kings Tamerton More Property Information - One of the standout features of this property is the allocated off-road parking space, ensuring that you have a secure place for your vehicle.
Additionally, the absence of an onward chain makes for a smooth and hassle-free purchasing process.
Situated close to a variety of amenities, including schools and shops, this apartment is perfectly positioned for everyday convenience.
Early viewing is highly advised to fully appreciate the potential this property has to offer. Don't miss out on the chance to make this delightful apartment your new home.
Hallway - 2.40m x 5.08m (7'10" x 16'8") - Kitchen/Diner - 3.61m x 3.40m (11'10" x 11'2") - Sitting Room - 3.52m x 6.12m (11'7" x 20'1") - Bedroom 1 - 3.61m x 3.29m (11'10" x 10'10") - Bedroom 2 - 3.61m x 3.29m (11'10" x 10'10") - Bedroom 3 - 3.52m x 2.36m (11'7" x 7'9") - Cross Keys Estates Lettings Department - Cross Keys Estates also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call Jack who is a fully qualified and award-winning letting agent on Financial Services - For help with your mortgage, we can introduce you to Mortgage Monkeys, who will review your circumstances, explain your options and help arrange a Decision in Principle.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs
FAQ
About Barne Close, St Budeaux
Explore nearby