2-bedroom flat · PL2 1JY
For saleReduced £5k (−4.3%) on 14 OctListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this spacious top floor apartment, offering generous accommodation and far-reaching views, perfectly suited as a first-time purchase or investment.
The property comprises two well-proportioned double bedrooms, a modern bathroom featuring a large walk-in shower, and a contemporary fitted kitchen complete with built-in appliances.
A separate lounge/diner provides an excellent space for both relaxing and entertaining, enhanced by elevated views.
Further benefits include access to the loft space, providing valuable additional storage.
Externally, the property offers off-road parking (unallocated) and secure communal entry via an intercom system, providing added peace of mind.
Ideally situated close to hm Naval Base and Babcock International, the apartment is perfectly positioned for those working locally.
St Levans Park is just a stone's throw away, offering lovely green space, while a range of schools, shops, and everyday amenities are all within easy reach.
The property benefits from an exceptionally long lease with approximately 963 years remaining and a service charge of £1,659 per annum.
Early viewing is highly recommended to fully appreciate the space, views, and convenient location this superb apartment has to offer. Quote BH0675 to book your viewing.
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
FAQ
About Alexandra Court 139-141,Flat 5, Alexandra Road, Plymouth
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