2-bedroom flat · PL9 7NF
Listing removedListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a secluded residential position within Oreston, this spacious, first floor flat requires modernisation throughout and is offered for sale with no onward chain.
Internally the well-proportioned accommodation offers a private entrance and landing, large living room, two good sized double bedrooms, kitchen and bathroom.
Further benefits include double glazing, central heating, an area of garden and the flat is being sold with a share of the freehold.
Plymouth Homes advise an early viewing to appreciate the position and potential on offer. Entrance Hall With stairs rising to the first-floor landing.
First Floor Landing With double glazed window to the side, radiator, access to the loft space, doors to all rooms.
Living Room (5.34m x 3.28m ( 17'6" x 10'9" )) A spacious reception room with double glazed window to the front, coal effect electric fire set within a wooden surround, radiator, picture rail.
Kitchen (4.13m x 1.82m (13'6" x 5'11")) Fitted with a matching range of base and eye level units with worktop space above, stainless steel sink unit with single drainer and mixer tap, tiled splashbacks, wall mounted boiler serving the heating system and domestic hot water, spaces for upright fridge/freezer, washing machine and cooker, double glazed window to the rear, radiator, built in storage cupboard.
Bedroom 1 (4.44m x 3.19m (14'6" x 10'5" )) A large double bedroom with double glazed windows to the front and side, built in storage cupboard, radiator.
Bedroom 2 (3.19m x 3.10m (10'5" x 10'2")) A second double bedroom with double glazed window to the rear, radiator, built in storage cupboard.
Bathroom (3.10m max x 1.35m (10'2" max x 4'5" )) Fitted with a three-piece suite comprising panelled bath, pedestal wash hand basin, low-level, tiled splashbacks, extractor fan, obscure double-glazed window to the rear, radiator.
Outside: Front From the front the property is approached via a shared pathway from the roadside, leading to the private main entrance and an outside storage cupboard.
Rear At the rear the property benefits from an allocated half of the garden. Leasehold Please note the property is being sold as a leasehold property with a share of the freehold.
The leasehold agreement is currently being prepared and any purchase will be subject to its completion.
Agent’s Note These sales particulars are only in draft format and have yet to be approved by the seller. They are therefore subject to change.
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
Agent & docs
FAQ
About 27, Orchard Crescent, Plymouth
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