1-bedroom flat · PL7 2AR
Listing removedListed 84 days
Opportunity summary
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About
A fantastic opportunity to purchase a beautifully presented ground-floor retirement apartment, ideally located just a stone's throw from Plympton Ridgeway.
Offered in excellent condition throughout, this superb property benefits from on-site parking and is perfectly positioned to enjoy a wide range of local amenities.
Description A beautifully presented one-bedroom retirement apartment, situated within the highly regarded Highbridge Court development in the heart of Plympton.
Offered in excellent condition throughout, this bright and welcoming home is ready to move straight into, making it an ideal choice for those seeking a comfortable, low-maintenance lifestyle.
The apartment features a spacious living/dining room with plenty of natural light, a modern fitted kitchen with a range of integrated appliances, a generous double bedroom with fitted storage, and a contemporary shower room finished to a high standard.
Neutral décor and quality flooring throughout create a fresh and inviting feel.
Highbridge Court offers residents the perfect balance of independence and peace of mind, with beautifully maintained communal areas, landscaped gardens, a residents' lounge and a House Manager.
Additional benefits include a 24-hour emergency call system.
Location Plympton, on the eastern edge of Plymouth, is a historic suburb with medieval roots and over 60 listed buildings, including notable churches and nearby Saltram House.
Today it blends heritage with modern convenience, centred around the Ridgeway shopping area, well-regarded schools such as Hele’s School and Plympton Academy, and strong community life.
Surrounded by countryside and close to Dartmoor National Park, residents enjoy easy access to green spaces like Plymbridge Woods.
Excellent transport links via the A38, regular bus services, nearby Plymouth railway station, and Exeter Airport.
Directions What3Words - ///oval.energy.times Tenure: Leasehold Local Authority: Plymouth City Council Council Tax: A Utilities: Main source of heating: Electric Mains water: Yes.
Mains sewerage Yes Parking: Retirement complex: Over 60's Lease Remaining: 119 Years Management Charges: Ground rent- £385 pa Service Charge: £ 3,461.04 Metalliferous Mine Search may be Required
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 Flat 3, Highbridge Court 96-100,, Ridgeway, Devon
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