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See how verdicts work2-bedroom flat · PL7 2BH
Listing removedListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented first floor flat on two levels overlooking the Ridgeway.
The flat benefits from having all the local conveniences the Ridgeway offers and comprises of 2 double bedrooms, lounge/diner, kitchen/breakfast room and shower room.
The property has its own garden and allocated parking space. Offered with no onward chain, an early viewing is highly recommended.
Entrance Hall Door to Hallway: Doors to: Kitchen/Breakfast Room (3.17m x 2.82m (10'4" x 9'3")) Range of wall and base units with work surfaces over and sink unit.
Built in oven and hob Spaces for washing machine and fridge/freezer. Window to he rear, wall mounted combi boiler supply central heating and hot water systems.
Shower Room: Double shower with glazed door, vanish wash hand basin and low level wc with recessed cistern. Towel radiator and window to the side. Main Landing: Stairs to next floor.
Doors off to: Lounge/Diner: (5.25m x 4.04m (17'2" x 13'3")) Two radiators, three windows to the front elevation and feature fire surround.
Bedroom 1: (3.81m x 3.69m (12'5" x 12'1")) Radiator and window to the rear. 2nd Landing: Storage cupboard.
Door to Bedroom 2: (5.3m x 3.9m (17'4" x 12'9")) (L Shaped - longest points) Restricted head height to the side of the room. Velux style window to the rear.
Outiside: The property has its owned private garden. It is currently gravelled. Access to the parking is obtained via a gate. Parking: Single allocated space accessed from Moorland Road.
Useful Information: Leasehold - 125 Years from 1st July 2004 Council - pcc Council Tax Band - A (£1550.28 25/26) Parking: Allocated Space Ground Rent - £50pa Management Fee £90 per Quarter Buildings Insurance - £291pa
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.
Area
Agent & docs
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FAQ
About 2b, Moorland Road, Plymouth
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