2-bedroom flat · PL1 2LA
For saleReduced £25k (−11.1%) on 30 SepListed 514 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lang Town and Country are delighted to offer this stunning first floor modern apartment nestled in a coveted location in the heart of Plymouth’s vibrant Barbican waterfront and close to the historic Plymouth Hoe .Comprising six recently developed units, this building boasts a contemporary and opulent aesthetic.
This beautiful apartment would be ideally suited as a luxury home or an ideal investment opportunity, as it is currently generating a substantial income as a holiday rental, due to its prime location.
Featuring two generously sized bedrooms, the two-bedroom apartments offer remarkable versatility, catering to the needs of families, professional sharers, or individuals seeking additional space for a home office or second reception room.
The heart of the apartment is its stunning open-plan kitchen/living area, adorned with high-end appliances and offering ample space for comfortable living.
Large windows and patio doors flood the space with natural light while providing enchanting views of the surrounding area.
The accommodation includes two double bedrooms, one of which boasts an exquisite ensuite bathroom, while the second bedroom enjoys exclusive access to the family bathroom, both showcasing impeccable fixtures and fittings to create a serene atmosphere.
Beyond the confines of these exceptional residences lies a vibrant neighbourhood bustling with an array of bars, bistros, boutique shops, and charming coffee houses, all steeped in rich history.
Lease Information We understand the apartment is held on Lease with 999 years remaining and subject to a service charge of approximately £1600 per year from tbc but this is subject to change.
The above information is provided in good faith although we would recommend that prospective purchasers consult their own solicitor for formal verification.
Agents Note The images used of the harbour are not the direct views from the apartment, however there are harbour views from the apartment.
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
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FAQ
About 13,Flat 3, Southside Street, Plymouth
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