1-bedroom flat · PL9 9BU
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently-located top floor flat in a central Plymstock location, offering unfurnished accommodation for long-term rental, comprising open plan lounge & kitchen area, 1 bedroom & bathroom.
Allocated parking for one vehicle. Flat 11,12 Horn Cross Road, Plymstock Pl9 9Bu (accommodation) Communal entrance with stairs and lift rising to the top floor.
Entrance door to the flat into the entrance hall. Entrance Hall Built-in storage cupboard. Additional built-in cupboard housing the boiler which services the hot water and under-floor heating.
Entry phone system. Wall-mounted consumer unit.
Bathroom (7' 9" x 6' 0" (2.37m x 1.83m)) White modern suite comprising panel bath with shower unit and spray attachment above with tiled area surround, pedestal wash handbasin and low-level toilet.
Bedroom (13' 1" x 9' 3" (3.99m x 2.84m)) Double-glazed window to the rear. Free-standing built-in wardrobe and bedside units which will be included within the tenancy.
Lounge Area (13' 6" x 9' 1" (4.126m x 2.79m)) An 'l'-shaped room with 2 double-glazed windows to the rear in the lounge area.
Kitchen Area (12' 0" x 8' 10" including units (3.68m x 2.70m)) Series of matching eye-level and base units with roll-edged work surfaces and tiled splash-backs.
Inset single-drainer sink unit with mixer tap. Built-in 4-ring electric hob with electric oven beneath. Space for a washing machine. Space for under-counter refrigerator/freezer.
Outside Bin store for the use of the residents. One allocated parking space to the rear of the building.
Rental Holding Deposit The agent may require a holding deposit equivalent to a week's rent in order to secure the property. This amount would then be deducted from the 1st month's rent.
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
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FAQ
About 12, Horn Cross Road, Plymstock, Plymouth
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