We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PL4 9NG
Sold STCListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OFFERS BETWEEN £110,000-£120,000 Situated in the convenient area of Prince Rock, this spacious apartment is located with the City Centre, Barbican, and The Hoe within easy walking distance.
Offered with no onward chain, this characterful property presents an excellent opportunity for both first-time buyers and investors, with strong rental potential and scope for improvement with some TLC.
The apartment is accessed via a shared communal hallway, with stairs leading to the entrance. Inside, the hallway provides access to all rooms.
The spacious open-plan kitchen/diner offers ample space for a dining table, making it ideal for entertaining.
It features a range of matching wall and base units, an inset sink and drainer, integrated oven with hob and extractor fan, and houses the Valliant boiler.
A UPVC door provides access to a fire escape leading down to the shared courtyard.
The bright and airy living room sits to the front of the property and benefits from a large bay window overlooking Cotehele Avenue, filling the space with natural light.
The room is neutrally decorated and finished with fitted carpet.
The generous double master bedroom benefits from built-in storage to each alcove and ample space for additional furniture, as well as a single second bedroom.
The shower room is fully tiled and comprises a walk-in shower cubicle, low-level WC, and pedestal wash basin, finished with practical vinyl flooring.
Further benefits include gas central heating with radiators in each room, high ceilings, and excellent natural light throughout, enhancing the sense of space and character.
On-street parking is available nearby.
Tenure: Reverse freehold Service/maintenance charge: Shared with owner of ground floor flat Council tax band: A EPC: C Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Northwood nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Anti-money laundering regulations In line with Anti-Money Laundering regulations, all prospective purchasers will be required to provide valid identification and proof of funds at the point a sale is agreed.
Please note that a fee of £50 per applicant is payable for the verification of identification. EPC rating: C. Tenure: Share of freehold, Length of lease (remaining): 62 years 3 months,
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 advisers 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
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FAQ
About Cotehele Avenue, Prince Rock, Plymouth, PL4
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