2-bedroom flat · PL6 8EW
Listing removedReduced £10k (−4.3%) on 7 JulListed 321 days
Opportunity summary
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About
Guide price £240,000 - £250,000 Introducing a truly exceptional two-bedroom, two -bathroom top floor apartment located within the highly prestigious Palmerston Heights development in Derriford, built in 2022 by Persimmon Homes.
This remarkable apartment stands out for its unique outdoor spaces, making it one of the most desirable apartments within the development.
Full Description Offered to the market with no onward chain and benefiting from an allocated parking space, it is an ideal choice for professionals, downsizers or those seeking a luxurious modern home in a prime location.
One of the most distinctive features of this stunning apartment is its outstanding selection of private outdoor areas.
In addition to two individual balconies, the property boasts an impressive private roof terrace enjoying breathtaking, far reaching views across Dartmoor National Park - the perfect setting for relaxing, entertaining or simply soaking in the scenery.
Moreover, the property is equipped with gas central heating and boasts an impressive EPC rating of B, ensuring both comfort and energy efficiency throughout the year.
Residents also have access to convenient communal bike storage adding to the practicality of this superb modern home.
Material Information Tenure - Leasehold Lease Length - 999 years from 2022 Service Charge - approximately £1,007-£1,050 Per Annum Council Tax Band- B Local Authority- Plymouth City Council Source Of Heating - Gas Central Heating Source Of Electric - Mains Electric Source of Water - Mains Water Arrangement for Sewerage - Mains Sewerage Parking - Allocated Parking Space
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
Agent & docs
FAQ
About Flat 19, 3, Partridge Road, Devon
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