2-bedroom flat · PL4 0RB
For saleListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Welcome to this beautifully presented two-bedroom ground floor apartment, ideally situated within the highly sought-after Discovery Wharf development in the heart of Sutton Harbour.
Perfectly suited to first-time buyers, professionals, those looking for a waterside home, or investors alike, this fantastic apartment offers modern living in one of Plymouth's most desirable waterfront locations.
The apartment boasts a generous open-plan living, dining and kitchen area, providing an excellent space for both everyday living and entertaining.
The well-designed layout creates a welcoming environment, ideal for relaxing or hosting family and friends.
There are two well-proportioned double bedrooms, with the principal bedroom benefiting from its own en-suite bathroom complete with a full-size bath, while the main family bathroom also features a full-size bath, providing excellent convenience and flexibility for both residents and guests.
The hallway also benefits from two useful storage cupboards, one offering excellent general storage, while the other has been adapted as a practical utility cupboard with space and plumbing for a washing machine.
From the moment you enter the building, you'll appreciate the well-maintained communal reception area, reflecting the quality and standard of this desirable waterside development.
One of Discovery Wharf's standout features is the exceptional range of exclusive residents' facilities.
Residents have access to a heated indoor swimming pool complete with sauna and changing facilities, a fully equipped gymnasium and beautifully maintained communal gardens, offering a fantastic lifestyle right on the doorstep.
Situated just moments from the picturesque marina, Sutton Harbour offers an enviable waterfront lifestyle.
A superb selection of waterside cafés, restaurants, bars and independent shops are all within easy walking distance, while Plymouth's historic Barbican, Drake Circus Shopping Centre and the city centre are just a short stroll away.
Excellent transport links, including Plymouth railway station and easy access to the A38, make this an ideal location for commuters, professionals and those seeking a vibrant city lifestyle by the water.
The property is available with vacant possession or can be purchased with the tenant in situ, making it an excellent opportunity for both owner-occupiers and investors alike.
If purchasing with vacant possession, please discuss your preferred timescales with a member of our sales team, as these will need to be agreed before a sale is finalised.
Please note, parking is not included with this property. Communal Garden Communal BBQ area, swimming pool with sauna and changing area and a gym.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 53, Discovery Wharf, Plymouth
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