1-bedroom flat
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented converted one bedroom first floor flat situated in the convenient central location of North Road East, within close proximity to Plymouth University, Plymouth Train Station and City Centre.
Accommodation comprises, lounge/dining area, kitchen, bathroom, double bedroom and useful extra room accessed via the communal landing which could possibly be converted into a home office, hobby room or utility room.
Once an application is accepted you will be required to pay one weeks rent as a holding fee.
Then before the tenancy begins you will pay the remaining first months rent, and 5 weeks rent as a security deposit which will be held with the dps.
This total is £1615 which includes the first months rent and deposit of 5 weeks rent held for the duration of the tenancy.
Accommodation Comprises Communal Entrance Hall Doors to communal entrance hall. Phone intercom system. Stairs to first floor. Door to Hall Wall mounted light point.
Doors to Lounge/Dining Area - 4.04m (13'3") Max x 4.02m (13'2") Feature period fireplace with decorative stone surround. Double glazed window to front aspect. Ceiling mounted light point.
Leading to open plan kitchen area. Wall-mounted electric panel heater. Kitchen Area - 2.06m (6'9") Max x 2.31m (7'7") Wood effect flooring. Double glazed window to front aspect.
Built in storage cupboard. A range of wall and base units with complimentary worksurfaces and tiled splashbacks. Integral stainless steel sink drainer unit with mixer tap. Space for cooker.
Ceiling mounted light point Bedroom - 4.02m (13'2") x 4.02m (13'2") Max Double glazed window to rear aspect. Feature period fireplace with decorative stone surround and hearth.
Built in storage cupboards to either side of chimney breast. Ceiling mounted light point. Wall-mounted electric panel heater. Bathroom Tile effect flooring.
Three piece bathroom suite comprising of a white panelled bath with electric shower, pedestal hand wash basin and low flush w.c. Extractor fan. Ceiling mounted light point. Electric fan wall heater.
Extra Room - 2.54m (8'4") x 2.17m (7'1") Accessed via the communal landing but belonging solely to this flat is a useful extra room which could possibly be converted into a home office, hobby room or utility room.
Power and lighting to the room with double glazed window to rear and side aspect Communal Rear Garden Other Information 900+ years lease with a peppercorn ground rent and share of freehold Notice All photographs are provided for guidance only.
Redress scheme provided by: The Property Ombudsman (A4813) Client Money Protection provided by: Cmp (Client Money Protect) (CMP007396)
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.
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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 North Road East, Plymouth
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