1-bedroom flat · PL7 2AT
For saleReduced £10k (−11.1%) on 25 AugListed 268 days
Opportunity summary
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About
A one-bedroom retirement flat in a popular over-55s development with communal gardens.
Within walking distance of the Ridgeway high street and close to good bus routes, the property features a bright lounge with patio doors to a private south-facing balcony, a fitted kitchen, a bedroom and a modern shower room, offering comfortable, low-maintenance living.
Description A well-presented one-bedroom retirement flat situated within a sought-after over-55s development, surrounded by beautifully maintained communal gardens.
The property is ideally located within easy walking distance of the Ridgeway High Street, offering a range of local shops and amenities, and is also well served by nearby bus routes.
The accommodation comprises a bright and spacious lounge with patio doors leading out onto a private, south-facing balcony, providing a pleasant space to relax.
There is a fitted kitchen, a generously sized bedroom with ample storage, and a spacious shower room.
This attractive retirement apartment offers comfortable, low-maintenance living in a convenient and desirable location, ideal for those looking to enjoy independent living with a sense of community.
Material Information What 3 words: ///chill.loser.tested Material information Tenure: Leasehold (125 years from 01/11/2004) Council Tax: Band B Local Authority: Plymouth City Council Service Charge: Approx.
£4027 Annually Ground Rent: Approx.
£562 Annually Heating: Electric Electricity, Sewage & Water: Mains Supply A mining search may be required Rights & Restrictions: New residents accepted from 55 years of age.
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.
Area
Agent & docs
FAQ
About Flat 10, Whitewater Court, 20, Station Road, Plymouth
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