1-bedroom property · PL6 7NR
Listing removedListed 103 days
Opportunity summary
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About
Plymouth Homes are delighted to present to the market this park home which is situated in a cul-de-sac with Glenholt Park.
Strictly for the over 50’s, the property is being offered to the market with no onward chain.
The property will require a full course of modernisation and refurbishment and in brief comprises entrance hall, bedroom, shower room, kitchen, porch and living room.
Externally, there is an enclosed courtyard area and single garage. Plymouth Homes would strongly recommend an internal inspection to appreciate the potential and location on offer.
Ground Floor Entrance Entry is via a uPVC half glazed entrance door opening into the porch.
Porch (3.72m x 1.19m (12'2" x 3'10")) With double glazed windows to the side and rear, door opening into the living room.
Living Room (3.18m x 2.88m (10'5" x 9'5")) With double glazed windows to the front and the side, electric radiator.
Kitchen (3.00m x 1.64m (9'10" x 5'4")) Fitted with a range of base and eye level units with worktop space over, stainless steel sink unit with single drainer, double glazed window to the side, space for cooker, space for fridge/freezer.
Shower Room (2.12m x 1.14m (6'11" x 3'8")) Fitted with a three- piece suite comprising shower cubicle with fitted shower above, vanity wash hand basin, low-level WC, tiled surround, obscure double-glazed window to the side.
Bedroom (2.88m x 2.12m (9'5" x 6'11")) A double bedroom with double glazed window the side.
Outside: The property is located within a cul-de-sac and on a good-sized plot with a south facing courtyard garden and garage.
Agents Note: The property is strictly for the over 50’s and has a monthly ground rent/site fee of £169.41 per calendar month and an additional monthly water charge of £22.40.
The property is also subject to an event fee of 10% of the sale price of the park home. This is payable by the buyer of the property to Glenholt Park on completion of a sale.
The property has electric heating and is also fuelled by lpg gas supplied by Calor Gas. Agent’s Note These sales particulars are only in draft format and have yet to be approved by the seller.
They are therefore subject to change.
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 3, Beech Court, Plymouth
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