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See how verdicts work2-bedroom flat · PL6 5YJ
Listing removedReduced £10k (−9.1%) on 27 AugListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this beautifully presented purpose-built first floor apartment, ideally positioned in the ever-popular area of Crownhill.
The property can be sold with vacant possession, but is currently offered with a tenant in situ and achieving £675 per calendar month, this property is a perfect turnkey investment.
On entering, you are greeted by a secure intercom entry system and a well-maintained communal area with stairs rising to the apartment.
The accommodation itself is light and welcoming, featuring a spacious lounge with a charming Juliette balcony that floods the room with natural light and creates a lovely open feel.
There is a fitted kitchen that provides ample storage and workspace, while two well-proportioned bedrooms offer flexibility for a home office, or guest accommodation.
The property is completed by a contemporary bathroom suite. Externally, the apartment benefits from its own allocated parking space, along with additional visitor parking.
The Limes enjoys an exceptionally convenient setting, within easy reach of Derriford Hospital, the A38, Crownhill Village and Transit Way, while excellent bus links make commuting into Plymouth City Centre both quick and straightforward.
The area is also well served with local shops, schools, and amenities, adding to its appeal.
With its superb location, well-designed living space, and reliable rental income, this apartment truly ticks all the boxes - an early internal viewing comes highly recommended!
Living Room - 4.35m x 3.70m Kitchen - 2.74m x 2.12m Bedroom One - 11.3m x 9.1m Bedroom Two - 2.62m x 2.22m Bathroom - 2.12m x 1.70m Agency Notes: Management Company - Firstport Service Charge pa - £1200 Ground Rent pa - £115 Length of Lease - 969 years EPC: C
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 30, The Limes, Devon
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