2-bedroom flat · PL1 5DF
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the central location of Plymouth is this converted flat, complete with an enclosed rear garden and a private entrance.
Accommodation briefly comprises of an entrance with hallway providing access to all rooms including a lounge with a feature fireplace, a fitted kitchen, two bedrooms and a bathroom suite.
Perfect for first time buyers or investors with the potential rental income of £900 - £950 per calendar month.
The property is also conveniently located close to the Plymouth Train Station and within easy access to Plymouth University and good transport links towards the City Centre.
An internal viewing is highly recommended, call Miller Countrywide to fully appreciate what this property has to offer!
Agency Notes: EPC: D Lease Term - 125 years from and including 1 October 2017 to and including 30 September 2142 Annual Service Charge - £0 Annual Ground Rent - £0 Years Remaining on the Lease - 117 Management Company - 238 NORTH ROAD WEST LTD
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
FAQ
About North Road West, Plymouth, Devon, PL1
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