2-bedroom flat · PL1 5BY
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lawson are delighted to market this beautifully appointed penthouse apartment, just a stone's throw from Plymouth City Centre, the railway station, and university.
The property is situated on the top floor of a luxury converted former school.
It is approached via a communal front door with intercom entry system leading to a lift and a door into the apartment; large entrance hall with a Velux windows, intercom, leading to the open plan living room, a fantastic light airy room with a triple aspect with Velux windows overlooking Plymouth city centre and Cornwall in the distance.
The kitchen with oak flooring, a range of fitted base and eye level kitchen units with granite work surfaces, integral dishwasher, cooker, hob, filter canopy, fridge and freezer, plumbing for a washing machine, exposed beams and spotlights.
Bedroom one is a spacious double with a window to the rear elevation with views to Cornwall.
An en-suite bathroom fitted with a low-level WC pedestal wash-hand basin with storage beneath, and a panel enclosed bath with a shower mixer tap, and folding glass screen, Velux window, spotlights, and extractor fan.
Bedroom two, a further double has views over the city with exposed beams and built-in wardrobes.
The family bathroom is fitted with a whirlpool bath with a direct feed shower unit and mixer tap, low level WC, wash and basin with storage beneath, and a Velux window.
Externally there are secure gated communal grounds with allocated parking for one vehicle.
The property is held on a leasehold basis with approximately 979 years remaining with a ground rent of £100 per annum and the service charge of £210.32 pcm / £2,523.84 per annum.
PLYMOUTH Plymouth is a city with one of the largest natural harbours in the world.
To the north is the Dartmoor National Park extending to over 300 square miles which provides excellent recreational facilities.
Plymouth itself has a population of well over 250,000 and has a full range of shopping, educational and sporting facilities.
There is a mainline train service to London Paddington and to Penzance in Cornwall. Brittany Ferries operates seasonal services from Plymouth to France and northern Spain.
OUTGOINGS PLYMOUTH We understand the property is in band 'B' for council tax purposes and the amount payable for the year 2026/2027 is £1899.22 (by internet enquiry with Plymouth City Council).
These details are subject to change. BUYERS INFORMATION Due to the Money Laundering Regulations 2019, we are required to confirm the identity of all our prospective buyers.
We therefore charge buyers an AML and administration fee of £60 including VAT for the transaction (not per person). We carry this out through a secure platform to protect your data.
Please note we are unable to issue a memorandum of sale until the checks are complete.
LEASEHOLD INFORMATION Service charge information, ground rent, and any associated leasehold costs have been provided to us by the seller and are believed to be accurate at the time of marketing.
However, these figures have not been verified by us and should be confirmed by your solicitor during the conveyancing process before exchange of contracts.
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
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FAQ
About Flat 22 City View, North Road West, Plymouth
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