1-bedroom flat · PL5 1SR
Listing removedListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Agent Ref: GS01 Discover comfortable and convenient living in this spacious one-bedroom ground floor apartment, ideally situated in the PL5 area.
This recently refurbished home offers generous living spaces, modern amenities, a private garden, and a garage, making it a perfect opportunity for first-time buyers or investors.
Living Space: The apartment boasts a spacious lounge to the front elevation with a large bay window flooding the room with natural light.
The modern fitted kitchen/breakfast room offers a contemporary space for meal preparation and informal dining with a door leading to the rear garden, perfect for hosting friends or family.
Bedroom: This property features a large double bedroom with a window overlooking the rear garden.
Bathroom: The modern bathroom suite comprises of a bath, additional shower cubicle, WC and wash hand basin.
Outside Space: Enjoy the benefit of a private garden, offering a lovely area for outdoor activities, gardening, or simply relaxing in the fresh air.
A gate leads to the rear service lane and access to the garage. Parking: Convenience is assured with a single garage, providing dedicated space for a vehicle or additional storage.
Location: Located in the PL5 1SR area, this apartment benefits from good access to local amenities and transport links. Easy access to the A38 and Plymouth City Centre.
This spacious ground floor apartment presents an excellent opportunity for those looking for a first home taking a set on the ladder with a ready to move into, spacious apartment with additional benefits of a private garden and garage.
Equally this property makes a great buy-to-let investment. Offered with no onward chain and having been recently refurbished, this property is ready for tenants.
The current owner has informed us that he was recently achieving a monthly rental income of £995 with an additional £150 per month for the garage.
Considering the size and style of this property along with the high demand for rental properties in the area it is highly likely that the property could achieve a higher rental income
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
Agent & docs
FAQ
About Flat GFF, 70, Normandy Way, Plymouth
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