We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · PL7 2XY
Listing removedReduced £2k (−2.2%) on 7 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary guide price £100,000, - £110,000. A fantastic opportunity for first time buyers. One bedroom ground floor studio flat with private front garden and allocated parking.
A bright living area, modern fitted kitchen and a contemporary bathroom. Low cost property to own close. No chain description guide price £100,000, - £110,000.
A fantastic opportunity for first-time buyers looking to step onto the property ladder or investors seeking a ready-to-let addition to their portfolio, this well-presented self-contained studio apartment offers far more than first meets the eye.
Cleverly partitioned to create a separate single bedroom, the property provides a practical layout that maximises both space and privacy.
The accommodation comprises a bright living area, a modern fitted kitchen, a contemporary bathroom, and the additional benefit of a separate bedroom.
Externally, the property enjoys its own private front garden, providing an attractive outdoor space with a pleasant outlook over established greenery and shrubs.
Further benefits include allocated parking, a 953-year lease, no management charges, and only a peppercorn ground rent, making this an exceptionally low-cost property to own.
The apartment is also offered to the market with no onward chain, ensuring a straightforward purchase.
Situated in the highly sought-after area of Plympton, the property is conveniently located close to local amenities, transport links, and a range of shops and services, making it an excellent choice for both owner-occupiers and buy-to-let investors alike.
An early viewing is highly recommended to appreciate this deceptively spacious, low-maintenance home and all it has to offer.
Entrance Hall Double glazed door to the side aspect, storage cupboard Lounge 14' 8" max x 13' 5" max ( 4.47m max x 4.09m max ) Double glazed window to the front aspect, door access to kitchen and bedroom Kitchen 9' 2" max x 6' 10" max ( 2.79m max x 2.08m max ) Double glazed window to the front aspect, fitted kitchen with wall and base units, space for washing machine, cooker and fridge freezer, sink and draining board with mixer tap Bedroom 6' 7" max x 5' 10" max ( 2.01m max x 1.78m max ) Double glazed window to the front aspect Shower Room Walk in shower cubicle, wash hand basin, low level WC, storage cupboard Front Garden Low maintenance with gravel area Agents Note There is a £10.00 per annum peppercorn ground rent charge.
Please speak to the branch for further information. 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
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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 14, Paynter Walk, Plymouth
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