2-bedroom flat · PL9 9BR
Sold STCReduced £10k (−5.9%) on 16 AugListed 251 days
Opportunity summary
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About
Located in central Plymstock is this purpose built flat being sold with no onward chain. The accommodation includes 2 bedrooms, an open plan living kitchen/ dining area and a modern bathroom.
Gas central heating and double glazing. Allocated parking space and use of the communal garden. Rowethorpe, Horn Lane, Plymstock, Pl9 9Br Accommodation Communal entrance door with entry phone system.
Stairs rising to the first floor. The door to the left is the access into the apartment. Lobby Loft hatch. Storage cupboard with gas boiler. Door to bedroom two.
Bedroom Two (2.93 x 1.75m (9'7" x 5'8")) Obscured double-glazed window to the rear. Bedroom One (3.35 x 3.12 (10'11" x 10'2")) Double-glazed window to the side.
Bathroom (2.20 x 1.72 (7'2" x 5'7")) Fitted with a white modern suite comprising panel bath with mixer tap, spray attachment, shower screen and tiled area surround, pedestal wash handbasin and low-level wc.
Obscured double-glazed window to the side. Built-in extractor fan.
Open Plan Lounge/Kitchen (5.26 x 4.59 (17'3" x 15'0")) A bright open plan area with double doors and a Juliette balcony to the front elevation. Window to the side. Wood-effect laminate floor.
The kitchen is fitted with a range of matching eye-level and base units incorporating an inset single-drainer sink unit with mixer tap, built-in electric hob and oven with extractor hood above.
Integrated fridge/freezer. Integrated washer/dryer. Outside To the front of the building there is an allocated parking space and visitor parking.
To the side of the building there is a communal garden area including the use of a washing line.
Council Tax Plymouth City Council Council Tax Band: B Services The property is connected to all the mains services: Gas, electricity, water and drainage.
Agent's Note The property is currently tenanted and the photographs were taken before the property was occupied.
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 3 Rowethorpe, 29, Horn Lane, Plymouth
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