1-bedroom flat · PL9 9UX
Sold STCListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a secluded position within Staddiscombe, this purpose built, ground floor flat has been recently refurbished and boasts a good sized, private garden and its own private entrance.
Internally the well-presented accommodation offers open plan lounge and dining area, a double bedroom, recently fitted kitchen and a modern shower room.
Further benefits include double glazing, electric heating and externally there is also a private front garden and an allocated parking space located within a nearby parking area.
Offered for sale with no onward chain, Plymouth Homes advise an early viewing to fully appreciate this perfect first-time home.
Ground Floor - Entrance - Entry is via a uPVC half glazed entrance door opening into the porch. Porch - 1.18m x 1.09m (3'10" x 3'6") - With tiled flooring and door into the lounge.
Lounge - 3.35m x 3.16m (10'11" x 10'4") - With double glazed windows to the front and side, wood effect laminate flooring, open plan into the dining area.
Dining Area - 2.72m x 2.00m (8'11" x 6'6") - With wall mounted electric heater, wood effect laminate flooring, built in storage cupboard, door to the inner hallway.
Inner Hallway - With built in cupboard housing the electric multipoint hot water heater.
Kitchen - 3.00m x 1.73m (9'10" x 5'8") - Refitted with a matching range of modern base and eye level units with worktop space above, sink unit with single drainer and mixer tap, tiled splashbacks, spaces for upright fridge/freezer and washing machine, fitted electric oven and four ring electric hob with stainless steel cooker hood above, double glazed window to the rear, tiled flooring, uPVC glazed door opening to the private garden.
Bedroom - 3.96m max x 2.72m (12'11" max x 8'11") - A double bedroom with double glazed window to the rear, wall mounted electric heater, radiator.
Shower Room - 2.00m x 1.73m (6'6" x 5'8") - Fitted with modern three-piece suite comprising, walk in double shower enclosure with fitted electric shower above, vanity wash hand basin with cupboard storage below, low-level WC, electric fan heater, tiled splashback, obscure double-glazed window to the side, tiled flooring.
Front - The front is approached via a walkway from the roadside, leading to a private garden area and pathway leading to the main entrance and an outside storage cupboard.
To the right side a private pathway leads to the rear of the property. Rear - The rear opens to a good-sized rear garden measuring 6.88m (22’7’’) x 5.79m (19’).
The garden comprises patio and a raised garden area, enclosed by fencing with a wooded backdrop. Parking - The property benefits from an allocated parking space located within a nearby parking area.
Leasehold - The term of the lease for this property is 999 years from 1980. This information was gathered from the information held by the Land Registry.
We have been advised by the seller that the ground rent is peppercorn.
We have also been verbally informed by the seller, at the time of listing the property, that there are no maintenance/service charge payments.
This will be verified by the purchasers legal advisor during the conveyancing process.
We recommend that potential purchasers inform their mortgage company and legal advisor of the lease term and ground rent prior to commencing a purchase.
Agent's Note - These sales particulars are only in draft format and have yet to be approved by the seller. They are therefore subject to change.
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
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FAQ
About Buddle Close, Staddiscombe, Plymouth
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