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See how verdicts work1-bedroom flat · PL4 6QU
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hermitage Court is a highly regarded, modern, purpose built retirement development offering a secure, comfortable and sociable lifestyle for owner occupiers aged 55 and over located in Mutley within close proximity to the parade of shops and excellent transport links.
With the reassurance of an on site Manager, the development enjoys a warm community atmosphere alongside excellent shared facilities.
Positioned on the third floor, this light and airy apartment provides well proportioned and thoughtfully designed accommodation.
The layout includes a fitted kitchen, a generous lounge/diner, a spacious double bedroom benefiting from built in wardrobes and storage and a modern shower room with a walk in double enclosure.
A storage cupboard adds valuable practicality and a lift serves all floors for ease of access.
The rooms benefit from lovely views across the well kept Plymouth College grounds and the surrounding area.
For added peace of mind, the apartment is equipped with a Careline pull alarm system in all rooms, linked to a 24 hour personal care alarm service.
Residents enjoy a range of well maintained communal facilities, including a welcoming reception area, spacious residents lounge, communal kitchen and laundry room.
Regular social gatherings foster a strong sense of community, with the flexibility to dip in and out as desired, ensuring independent living at your own pace.
Conveniently a guest suite is available for residents accommodating overnight visitors.
The development also benefits from a private garden with seating, residents and visitor parking available within the grounds of Plymouth College and pets are welcome.
Combining independence with the reassurance of support when needed, this apartment offers a relaxed, sociable lifestyle in a setting designed to make everyday living easy and enjoyable.
A viewing is highly recommended. Please note: Furniture can be included in the sale.
Third Floor - Lounge/Diner - 2.65 x 5.44 (8'8" x 17'10") - Kitchen - 1.75 x 2.64 (5'8" x 8'7") - Bedroom - 2.71 x 6.45 (8'10" x 21'1") - Shower Room - 1.56 x 2.05 (5'1" x 6'8") -
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Hermitage Court, Plymouth
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