2-bedroom flat · PL1 2PE
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perched in a commanding waterside position within the prestigious Azure Development on Plymouth Hoe, this impressive sixth floor apartment enjoys an enviable position with far-reaching views and an abundance of natural light.
Offered to the market with no onward chain, it presents a rare opportunity to acquire a refined coastal home ready for immediate occupation.
This well-proportioned two-bedroom apartment offers approximately 714 sq. Ft. (66.4 sq. M.) of bright and versatile accommodation, ideal for first-time buyers, professionals, downsizers, or investors.
At the heart of the home is an impressive 27'10" open-plan kitchen, living and dining area, creating a fantastic space for both everyday living and entertaining.
The contemporary kitchen is thoughtfully positioned to one side, while the generous living area enjoys direct access to a large south/westerly private balcony, providing an excellent outdoor extension to the home.
The property features two well-sized double bedrooms, with the principal bedroom benefiting from a private en-suite shower room.
A modern family bathroom serves the second bedroom and guests, while several built-in cupboards throughout the apartment offer excellent storage solutions.
This very light and airy apartment has the benefit of a secure allocated parking space and beautifully manicured communal garden. An early viewing is essential to appreciate this wonderful apartment.
We understand the apartment is held on Lease with 976 years remaining and subject to a service charge of approximately £4,400 per year and an annual ground rent of approximately £400, but this is subject to periodic review.
The above information is provided in good faith although we would recommend that prospective purchasers consult their own solicitor for formal verification.
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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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 55,Flat 33, The Azure, Cliff Road, Plymouth
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