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See how verdicts work1-bedroom flat · PL6 8EZ
Listing removedListed 584 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented ground floor apartment is situated in a convenient location to take advantage of its close proximity to Derriford and Nuffield Hospitals.
The newly formed St Matthews C of E academy is also a short walk from the apartment.
The accommodation comprises: Entrance hall, storage cupboard, bathroom, bedroom with dual aspect, living room and modern fitted kitchen. Further benefits include double glazing and electric heating.
Externally there is an allocated parking space with an electric charger and also and access to communal garden. The property is being offered to the market with no onward chain.
An internal inspection can be highly advised. Ground Floor Entrance Entry is via a secure communal entrance with access into Flat 1. Entrance Hall With electric radiator, built in storage cupboard.
Living Room (4.04m x 3.80m (13'3" x 12'5")) A good sized reception room with electric radiator, opening leading into the kitchen.
Kitchen (4.04m x 2.43m (13'3" x 7'11")) Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with single drainer and mixer tap, fitted electric oven, four ring electric hob with cooker hood above, built-in washer/drier, space for fridge/freezer, double glazed window to the front built in storage cupboard.
Bedroom (3.63m x 3.50m (11'10" x 11'5")) A double bedroom with double glazed windows to the side and rear, electric radiator.
Bathroom (2.73m x 2.42m (8'11" x 7'11")) Fitted with a three-piece suite comprising panelled bath with shower above, wash hand basin, low-level WC, tiled splashbacks, electric radiator.
Frosted double glazed window to the side. Outside Parking The property has an allocated parking space with access to its own electric charging unit.
Gardens The property has access to a communal garden behind the block which we are advised by the seller is nearing completion.
Lease Details The term of the lease for this property is 999 years from 2024. This information was gathered from the information held by the Land Registry.
We have been advised by the seller that the ground rent and maintenance payments combined are approximately £1,000 per annum.
This will be verified by the purchasers legal advisor during the conveyancing process.
We recommend that potential purchasers inform their mortgage company and legal advisor of the lease term and ground rent prior to commencing a purchase.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 1, 10, Foxglove Gardens, Plymouth
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