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See how verdicts work2-bedroom flat · PL1 2PP
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVER 55'S DEVELOPMENT ON THE HOE DC Lane are delighted to present this penthouse apartment within a welcoming over 55s development designed for comfort, security and community, perfectly positioned just a short stroll from the historic Plymouth Hoe and within easy access to the city centre.
Accessed via a secure entry system and well maintained communal hallway with lift access the apartment is positioned on the fifth floor with lift and stair access.
The accommodation comprises a hallway, spacious lounge with large double tilt-and-turn windows enjoying views towards the Hoe, Plymouth Sound and over the roofscape of the city.
The kitchen is fitted with a range of quality units, offering ample storage and generous worktop space along with room for a dining table.
There are two bedrooms, a master generous bedroom and a second fitted with a range of built in wardrobes served by a shower room fitted with a double shower cubicle.
Residents benefit from an on site launderette located on the basement floor with lift access, further enhancing the ease of everyday living.
This presents an excellent opportunity to acquire a penthouse apartment in a treasured maritime location and available with no onward chain.
For those over 55 seeking independence, security and a vibrant coastal setting, this is more than an apartment ... it’s a lifestyle by the sea.
Fifth Floor - Lounge/Diner - 4.63 x 4.95 (15'2" x 16'2") - Kitchen - 3.01 x 2.80 (9'10" x 9'2") - Bedroom One - 2.90 x 4.94 (9'6" x 16'2") - Bedroom Two - 1.66x 4.00 (5'5"x 13'1") - Shower Room - 1.72 x 3.00 (5'7" x 9'10") -
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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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.
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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
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