Property · PL3 5NE
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION An excellent opportunity to acquire a secure, freehold lock-up garage conveniently located on Thornhill Road in Plymouth.
Whether you are looking for a secure parking space, valuable dry storage, or a workshop setup, this versatile garage offers fantastic potential for both local residents and investors alike.
This rare freehold tenure gives you full ownership of the land and structure outright with no ground rent or leasehold complications.
The garage is fully equipped with mains electricity, making it ideal for powering tools, running lighting, or charging an electric vehicle.
Access is provided via a reliable up-and-over door, and the interior offers a dry and secure space perfect for vehicle parking, household overspill storage, or a private hobby workshop.
Situated in a popular and accessible residential pocket of Plymouth with good local road links, freehold garages in this area are seldom available and make for a solid, low-maintenance asset.
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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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
FAQ
About Thornhill Road, Plymouth
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