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See how verdicts work3-bedroom terraced house · PL1 3GX
Listing removedListed 182 days
Opportunity summary
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About
House 13, Factory Cooperage Set within the historic Royal William Yard, House 13 at the Factory Cooperage offers a rare opportunity to acquire a beautifully designed three-bedroom mid-terrace home, seamlessly blending contemporary living with one of Plymouth’s most significant maritime heritage settings.
The Property House 13 is a stylish three-bedroom mid-terrace townhouse arranged over multiple levels, thoughtfully designed to maximise space, light and character.
The ground floor is centred around an impressive open-plan kitchen, dining and living area, enhanced by underfloor heating and a striking exposed stone wall that runs continuously through the rear of the property, extending up through the upper floors and creating a strong architectural feature throughout the home.
The upper floors provide three well-proportioned bedrooms and modern bathroom facilities.
A particularly unique feature is the first floor landing, which has been cleverly designed as a mezzanine-style space with glass panels, currently arranged as a dressing or make-up area but equally well suited as a study or home working space.
The master bedroom, situated on the second floor, benefits from its own en-suite bathroom.
Throughout, the property combines high specification finishes with original character elements, offering a distinctive and versatile home.
The Development & Historical Significance The Factory Cooperage is one of the most architecturally striking buildings within Royal William Yard, originally constructed between 1826 and 1832 and designed by renowned engineer Sir John Rennie.
Built for the Royal Navy’s Victualling Board, the Cooperage played a vital role in sustaining Britain’s naval power during the 19th century, forming part of one of the most important victualling complexes in the country.
Today, the Factory Cooperage has been thoughtfully regenerated, transforming this Grade I listed structure into an exceptional residential development.
The conversion retains its historic fabric, including its grand proportions and distinctive architectural detailing, while introducing high-quality contemporary homes arranged around the original colonnaded courtyard, offering a unique sense of character and place.
Great care has been taken to preserve the building’s industrial heritage, with original materials and features subtly integrated into the design.
The result is a development that successfully balances historic significance with modern living, creating a truly distinctive waterside community within one of Plymouth’s most iconic settings.
Location Royal William Yard is widely regarded as one of Plymouth’s most desirable waterfront destinations, offering a vibrant mix of restaurants, cafés, galleries and green spaces, all set within a beautifully preserved historic environment.
The property also benefits from excellent access to Plymouth city centre and surrounding coastal walks. EPC Rating: C
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.
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FAQ
About Royal William Yard, Factory Cooperage, PL1
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