2-bedroom flat · PL4 0RB
To rentListed 6 days
Opportunity summary
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About
Tenure: Leasehold A superb and particularly spacious two-bedroom first-floor apartment occupying an enviable position within the highly regarded Discovery Wharf development on Sutton Harbour.
Offering beautifully proportioned accommodation, the property enjoys a wonderful open-plan living space, private balcony with impressive views directly across the marina, principal bedroom with en-suite bathroom, separate family shower room, utility room, secure underground parking and access to an excellent range of exclusive residents’ facilities including a swimming pool, gymnasium, communal gardens and relaxing lounge areas.
Positioned on the first floor of Discovery Wharf, this impressive waterside apartment offers an exceptional combination of space, location and lifestyle.
The property has been designed to make the most of its superb setting, with the expansive living accommodation opening directly onto a generous private balcony overlooking the marina.
From here, there is a fantastic outlook across Sutton Harbour, with the boats and activity of the marina providing an ever-changing backdrop to the apartment.
The apartment is exceptionally well proportioned throughout, with the layout providing an excellent balance between open-plan entertaining space and comfortable private accommodation, making it equally suited to use as a permanent home, city base or waterside retreat.
A particular highlight is the impressive open-plan kitchen, dining and living area, which forms the heart of the apartment.
The generous proportions allow for clearly defined areas for relaxing and dining while retaining the sociable, open-plan feel that works so well within the property.
Large areas of glazing to the marina-facing elevation allow plenty of natural light into the room while ensuring the wonderful waterside outlook can be enjoyed from the main living space.
The kitchen is incorporated seamlessly into the open-plan arrangement and offers an extensive range of fitted cabinetry with generous worktop space and integrated appliances.
Its open connection with the dining and living areas makes it ideal for entertaining, allowing whoever is in the kitchen to remain part of the wider living space.
Sliding glazed doors lead from the living area onto the private balcony, which is undoubtedly one of the apartment's standout features.
There is ample room for outdoor seating and dining furniture, creating a fantastic extension of the internal living accommodation during the warmer months.
With an outlook directly across Sutton Harbour and the marina, it provides a wonderful setting for morning coffee, alfresco dining or simply sitting back and watching the boats.
The apartment offers two well-proportioned bedrooms.
The principal bedroom is particularly generous and benefits from extensive fitted storage together with its own en-suite bathroom, complete with a bath, providing excellent practicality and privacy.
The second bedroom is also a comfortable double and offers flexibility for visiting guests, family members or those requiring a dedicated home office.
In addition to the en-suite bathroom, there is a separate family shower room, providing a practical arrangement for both residents and guests.
A separate utility room is another particularly useful feature, keeping laundry facilities away from the main kitchen and living accommodation and providing additional everyday storage.
Further enhancing the property is the benefit of secure underground parking, an extremely valuable feature for a property in such a central waterfront location.
Discovery Wharf itself is a highly regarded waterside development offering its residents access to an excellent selection of facilities.
These include a residents’ swimming pool and gymnasium, as well as communal gardens and lounge areas, providing additional spaces in which to exercise, relax and enjoy the development.
The location on Sutton Harbour is one of the property's greatest attractions.
The apartment enjoys the atmosphere of Plymouth's historic waterfront while remaining exceptionally convenient for the city centre.
Sutton Harbour and the surrounding waterfront are home to a variety of restaurants, cafés and bars, while the historic Barbican and its independent shops and amenities are also within easy reach.
The position therefore provides an excellent opportunity to enjoy waterside living while having the conveniences of the city close at hand.
With its impressive proportions, superb marina-facing balcony, two bedrooms, en-suite bathroom and separate family shower room, secure underground parking and excellent residents’ facilities, Flat 48 Discovery Wharf represents a fantastic opportunity to enjoy a highly desirable waterside lifestyle in one of Plymouth's most recognisable marina settings.
EPC Rating: E Balcony A wonderful southerly facing balcony with panoramic views across Sutton Harbour Parking - Secure Gated Secure underground allocated car parking space.
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
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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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About Flat 48, Discovery Wharf, Plymouth
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