2-bedroom flat · PL1 4TH
For saleListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning show home standard first floor apartment offering bright and spacious open-plan living.
The accommodation briefly comprises an entrance hall, open-plan living room/kitchen/dining room, 2 double bedrooms, ensuite shower room and bathroom. Allocated parking.
Double-glazing & central heating. Conveniently situated close to the town centre, local shops and schools.
74 Chapel Street, Plymouth, Pl1 4th Accommodation Communal entrance leads to the stairway and a lift to the first floor. A passage leads through to Flat 5.
Private entrance door leading into the entrance hall. Entrance Hall (2.59m x 1.83m (8'6 x 6')) Providing access to the accommodation.
Built-in storage cupboard housing the rcd, plumbing for washing machine and fitted shelves.
Open-Plan Living/Kitchen/Dining Room (5.97m x 3.76m (19'7 x 12'4)) 2 large double-glazed windows overlooking the front offering plenty of light into the room.
The lounge area is carpeted and the kitchen area has vinyl flooring. The lounge area has a TV point.
The kitchen is well-fitted with a range of high gloss modern units comprising eye-level wall cupboards with matching base cupboards and drawers with laminate work surfaces and matching up-stands.
Inset stainless-steel one-&-a-half bowl single drainer sink unit with mixer tap.
Integrated appliances include a 4-ring induction hob with a stainless-steel extractor canopy over, electric oven, built-in fridge-freezer with matching door front and a built-in dishwasher also with a matching door front.
One of the cupboards houses the gas boiler which serves both the central heating and the domestic hot water. Inset ceiling spotlights.
Bedroom One (3.63m x 3.18m into the door recess (11'11 x 10'5 i) Double-glazed window.
Floor to ceiling built-in triple wardrobe fitted with hanging rail and shelving and with sliding doors, one of which is mirrored.
Ensuite Shower Room (2.39m x 1.22m (7'10 x 4')) Fitted with a 3-piece suite comprising a fully-tiled shower cubicle with an electric shower, low level wc with a concealed cistern and wash hand basin with a mixer tap.
Fitted wall mirror. Chrome towel rail/radiator. Extractor fan. Inset ceiling spotlights. Bedroom Two (3.40m x 3.18m (11'2 x 10'5)) Double-glazed window.
Floor to ceiling built-in triple wardrobe fitted with hanging rail and shelving and with sliding doors, one of which is mirrored.
Family Bathroom (2.11m x 1.83m (6'11 x 6')) Fitted with a 3-piece suite comprising a panel bath with a tiled surround, mixer tap and shower head attachment, low level wc with a concealed cistern and pedestal wash hand basin with mixer tap.
Fitted mirror. Chrome towel rail/radiator. Tiled floor. Partly-tiled walls. Inset ceiling spotlights. Outside Private allocated parking space.
Council Tax Plymouth City Council Council tax band B Agent's Note The property is leasehold with 992 years remaining on a 999 year lease.
The ground rent is £88 per annum and the service charge is £2300 per annum. The fees are paid 6-monthly.
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
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 advisors 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
.jpeg)
FAQ
About Flat 5, 74, Chapel Street, Plymouth
Explore nearby