7-bedroom flat · PL4 6HN
To rentListed 1714 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overlooking parkland and yet situated only 100m from the University campus, Richmond Lodge offers a wide range of accommodation to suit all needs.
It comprises of several cluster flats containing 7 to 8 rooms and also offers self -contained studio apartments.
Fully refurbished to a high specification, Richmond Lodge was created to meet the needs of modern, discerning students. Private parking available @£350 for the year.
All Inclusive 43 or 50 week contract. No deposit. Rates quoted on 50 weeks. Please enquire for full list of other rates and availability.
Flat 3 is a cluster unit with 7 individual en-suite rooms complemented by a spacious and modern communal area.
All bills are included in the price and each room benefits from its own fixed dedicated internet supply in addition to Wi-Fi and cable TV.
The accommodation offers double beds with storage, en-suite bathroom, wardrobe, desk chair large study desk area with desk lamp and armchair together with TV point and generous supply of well-placed double power points.
All furniture in the room has a modern birch veneer. The modern fitted kitchen includes a microwave, oven, fridge/freezer, stainless steel hob, toaster, kettle and vacuum.
All bills are included in the price and each room benefits from its own dedicated internet supply. Richmond Lodge also benefits from an in house launderette.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1, St Lawrence Road, Plymouth
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