3-bedroom flat · PL3 4RL
To rentListed 333 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Lockyer Road- a charming 3-bedroom apartment nestled in a beautiful Victorian street.
This property is a true gem, ideally located just off Mutley Plain, offering easy access to Plymouth University and a plethora of local amenities.
As you step into this delightful apartment, you'll be greeted by a warm and inviting atmosphere that is perfect for both students and professionals alike.
The property boasts three cosy bedrooms, providing ample space for a comfortable living experience.
One of the standout features of this apartment is its access to a shared garden, where you can unwind and enjoy the outdoors without having to leave the comfort of your home.
Whether you're looking to relax with a book or host a small gathering with friends, this garden is the perfect retreat.
With its prime location and Victorian charm, this property is not just a place to live, but a place to call home.
Don't miss out on the opportunity to make this 3-bedroom apartment your own and experience the best of what Plymouth has to offer.
Student property- Available 1st September Gas, electric water and wifi included! (fair usage policy applies) Council tax band A £148pw over a 44 week tenancy
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.
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
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FAQ
About Flat 3, 2 Lockyer Road,, Plymouth
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