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See how verdicts work4 × 1-bed flat + 2 × 2-bed flat · PL1 3QX
For saleListed 24 daysAuction 26 Oct · today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £120,000-£140,000 (plus fees).For sale by National Timed Auction, bidding opens 26th of October 2026 and closes 27th October.
A residential development opportunity with planning in principle in Plymouth. Legal pack available to download free of charge from our website.
Residential Development A former chapel in Plymouth with residential planning in principle for four one-bedroom apartments and two two-bedroom apartments.
Further details can be found on the Plymouth City Gov website under planning reference 25/00098/PIP. Presently, the accommodation features an open area of approx. 2000sq ft, with a kitchen and W.Cs.
Then there is the main area of approx. 2200sq ft and a mezzanine which leads to a decked roof terrace.
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website.
All published information is to aid identification of the property and is not necessarily to scale. VIEWINGS Please telephone Auction House South West on to request a viewing.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Tenure: Freehold EPC Rating: D78 Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £720 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
FAQ
About 60A Emma Place, Stonehouse, Plymouth, Devon PL1 3QX
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