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See how verdicts work3-bedroom flat · PL1 5DW
No longer listedReduced £10k (−6.7%) on 10 SepListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the highly sought-after PL1 postcode, within easy walking distance of Plymouth University, Plymouth Train Station and the city centre, this spacious three-bedroom apartment offers a versatile opportunity equally well suited to investors, first-time buyers, or families seeking convenient city living.
Accessed via a secure communal entrance with entry phone system, the property opens into a welcoming private hallway with useful built-in storage. Full GCH.
Entrance Hall Wood flooring, panelled radiator, and two storage cupboardsone housing the electricity and gas meters, and a further cupboard with radiatorproviding practical storage.
Doors lead to all principal rooms.
Lounge/Dining Room 24'1" x 10' (7.35m x 3.04m) A bright and spacious triple aspect lounge/dining room with UPVC double glazed windows to the front and side elevations, creating an ideal setting for both everyday living and entertaining.
A very convenient serving hatch connecting the kitchen and lounge is also present along with a newly fitted carpet.
Kitchen 9'1" x 7'9" (2.77m x 2.36m) Fitted with a range of base and wall units with grey slate effect work surfaces.
Features include an inset composite sink with mixer tap, integrated oven, four-ring electric hob with extractor canopy, plumbing for a washing machine, and space for an upright fridge/freezer.
A wall-mounted Vaillant ecoTec pro 24 boiler provides hot water and central heating. UPVC double glazed window to the side elevation.
Bedroom One 10' x 8'9" (3.05m x 2.67m) Panelled radiator and UPVC double glazed window to the side elevation and brand new carpet.
Bedroom Two 12'9" x 10'8" (3.88m x 3.26m) A generous double bedroom with panelled radiator and UPVC double glazed window and has a brand new carpet.
Bedroom Three 10'9" x 10'7" (3.27m x 3.23m) Another well-proportioned room, ideal as a bedroom, nursery, or home office and has a brand new carpet.
Bathroom Comprising a white suite including panelled bath with mixer tap and shower attachment, pedestal wash hand basin, modern wall cladding, extractor fan, and opaque UPVC double glazed window.
Separate WC Fitted with a low-level WC & combined wash hand basin and an opaque UPVC double glazed window.
Outside The property is surrounded by communal lawned gardens, offering pleasant outdoor space and washing lines. There is also a very useful storage shed allocated to this property.
Services All main services are connected.
Annual Service charge is only approximately 1300 per annum Whether you are looking for a comfortable home close to local amenities, schools and transport links, or a strong investment opportunity in a high-demand rental area, this property offers excellent space, a convenient location and strong rental potential, this property represents a fantastic opportunity for a wide range of buyers.
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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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
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FAQ
About 6, Boons Place Devon, Plymouth
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