11-bedroom house · PL4 6AS
For saleListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Rare and Exceptionally Exciting Development Opportunity in the Heart of the City Positioned in the very heart of the city's thriving student district and just moments from the university campus, this substantial and impeccably maintained property presents a unique opportunity for investors and developers alike.
Currently operating under Commercial Class C2 use, the property offers exceptional scope for redevelopment and repositioning, subject to the necessary planning consents.
Maintained to an outstanding standard throughout, the building is ideally suited for conversion into a collection of self-contained apartments or a premium House in Multiple Occupation (HMO), capitalising on the strong and consistent demand from both student and professional tenants.
The accommodation is laid out over four floors with 11bedrooms, 4 living rooms, 4 kitchens and 4 bathrooms.
Having previously operated as both individual dwellings and an HMO, the property's existing configuration lends itself naturally to a variety of residential redevelopment strategies.
Its excellent condition offers the significant advantage of reducing refurbishment costs while enabling a faster route to income generation.
Opportunities of this scale and quality in such a prime university location are increasingly rare.
Combining a flexible layout, strong redevelopment potential, and a highly sought-after position, this property represents an outstanding investment with the potential to deliver substantial long-term returns.
Early inspection is highly recommended to appreciate the size, versatility, and exceptional potential of this remarkable city-centre property.
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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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 advisors before making any investment decisions.
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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
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FAQ
About 10, North Road East, Plymouth
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