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See how verdicts work2-bedroom flat · PL9 8FF
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY A beautifully presented, purpose-built two double bedroom flat located in the highly sought-after Sherford community.
DESCRIPTION This modern home features a spacious open-plan kitchen and living area, ideal for both relaxing evenings and entertaining guests.
The contemporary kitchen offers ample storage and worktop space, seamlessly flowing into the bright and airy lounge.
The property includes two well-proportioned double bedrooms along with a stylish, modern bathroom finished to a high standard.
Additional benefits include one allocated parking space, secure communal entry, and the convenience of being situated within the ever-popular Sherford development—well known for its community feel, green spaces, and excellent local amenities.
Perfect for first-time buyers, downsizers, or investors seeking a ready-to-move-into home in a thriving location. Entrance Hall Radiator. Intercom.
Kitchen/Living Space Irregular Shaped Room 24' 8" max x 20' 3" max ( 7.52m max x 6.17m max ) Impressive open plan kitchen and living space.
High ceilings and plenty of light flooding through large dual aspect windows. The kitchen comprises of a range of matching wall and base units with worktops above.
Integrated oven and a countertop electric hob with a stainless steel extractor hood above. Stainless steel sink and drainer with mixer tap. Plumbing for washing machine. Two radiators.
Bedroom 1 11' max x 9' 2" max ( 3.35m max x 2.79m max ) Double glazed window. Radiator. Bedroom 2 11' 11" x 10' 3" ( 3.63m x 3.12m ) Double glazed window. Radiator.
Bathroom Bath with shower above, low level w.c. and a pedestal sink. Shaver point. Extractor fan. Heated towel rail. Obscured window.
Agent's Note This property is currently under shared ownership in conjunction with Livewest Housing Association who have criteria for any purchase, the advertised price is for the sellers 25% share.
£460 per month is paid to the Housing Association as rent for the retained share. Service Charge is £115.41 Ground Rent is £0.
Please contact with Livewest Housing Association for guidance on purchase requirements.
In addition, Livewest Housing Association have advised that they would be prepared to staircase a transaction to 100% Freehold ownership.
This would mean that any potential purchaser would buy the vendor’s 25% share and the remaining 75% share from Livewest Housing Association providing a Freehold purchase on completion.
Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending affordability.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About Lynx Lane, Sherford, Plymouth
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