1-bed flat + 3-bed maisonette · PL5 1SR
Listing removedListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Explore this exceptional property in PL5 offering a unique opportunity as a lucrative rental investment or a versatile living arrangement.
Currently configured as a one-bedroom apartment and a three-bedroom maisonette, this home provides flexible living solutions with the added benefits of a garden and garage.
Configuration: This property is smartly arranged to maximise its potential.
The self-contained one-bedroom apartment offers independent living, perfect for a, whilst the spacious three-bedroom maisonette provides ample space for a family.
Both units have been recently refurbished and are ready for tenants, offering a hassle-free investment opportunity.
Kitchens: Each unit boasts a modern fitted kitchen, designed for both style and functionality, ensuring comfortable living spaces for all occupants.
Outside Space: The property benefits from a private garden, offering a pleasant outdoor area for relaxation or recreation.
Additionally, a single garage provides secure parking or valuable storage space.
Location: Situated in a popular area, this property is conveniently located close to local schools, amenities, and shops.
Excellent transport links, including easy access to the Tamar Bridge, make this an ideal spot for commuters and those seeking convenience.
This property offers an outstanding investment with no onward chain and an EPC Grade C, highlighting its energy efficiency. Its flexible layout and prime location make it a highly desirable asset.
Rental Information: The current owner has informed us that the one bedroom apartment was achieving a monthly rental income of £995, the three bedroom maisonette was achieving £1200 per month and the garage an additional £150 per month.
Taking into consideration the presentation and size of the property, along with the market demand for rental properties in the area it is highly likely that the property could achieve a higher monthly income
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 advisors 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 70, Normandy Way, Plymouth
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