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See how verdicts work3-bedroom flat · PL4 8DW
Sold STCListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious three double letting room top floor flat represents an excellent buy-to-let investment opportunity!
Conveniently located within easy reach of Plymouth city centre, local amenities, transport links, and the university campus.
The property is being sold with tenants in situ and is RE-LET on fixed 48-week tenancy agreements until August 2027, generating a gross rental income of £18,000 per annum.
The accommodation comprises of an entrance hall, well fitted shaker style kitchen, separate communal room, three double letting rooms, modern bathroom.
Outside to the rear, there is an enclosed, communal courtyard garden. The accommodation is complete with being double glazed and centrally heated.
EPC - D Communal entrance to; ENTRANCE HALL Private door and stairs to first floor.
FIRST FLOOR HALF LANDING Stairs to second floor and doors to; KITCHEN Well fitted with a range of base and eye level shaker style units, marble effect worktops, part-tiled walls, space for fridge and freezer, space for a freestanding cooker, plumbing for a washing machine, tile effect flooring, UPVC double glazed window to front elevation.
COMMUNAL ROOM Radiator, wood effect flooring, UPVC double glazed window to front elevation. LETTING ROOM ONE Radiator, UPVC double glazed window to rear elevation.
LETTING ROOM TWO Stripped wood flooring, UPVC double glazed window to rear elevation, panelled radiator.
LETTING ROOM THREE Stripped wood flooring, panelled radiator, UPVC double glazed window to front elevation.
BATHROOM White suite comprising panelled bath, corner glazed shower cubicle with electric shower, pedestal basin, low level WC, panelled radiator, extractor fan, mosaic effect flooring, opaque UPVC double glazed window to front elevation.
OUTSIDE To the rear of the property is an enclosed courtyard, approached via the fire escape to the rear of the building. ADDITIONAL INFORMATION The tenure of the property is leasehold.
We understand from the seller that a lease of 150 years was originally created on 11th May 1990, and 114 years remain on the lease.
BUYERS INFORMATION As part of the purchasing process, we are required by law to carry out identity and Anti-Money Laundering checks on all purchasers of a property, in line with Money Laundering Regulations.
We therefore charge buyers an AML and administration fee of £30.00 including VAT for 1 applicant or £50.00 including VAT for 2 applicants.
To complete these checks, we use an approved third-party verification provider. The checks must be completed before we are able to formally proceed with your purchase.
SERVICES All main services are connected to the property. VIEWING Strictly by prior appointment through Swift Estate Agents.
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
Agent & docs

FAQ
About Radnor Place, City Centre
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