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See how verdicts work2-bedroom flat · PL2 1AZ
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A top floor flat located in Stoke offering a lovely light & airy feel.
The accommodation comprises an entrance hall, stairs lead up to the lounge, 2 bedrooms, a spacious open-plan kitchen/diner & a well presented bathroom.
The property has the benefit of double glazing & gas central heating with a rear spiral staircase acting as the fire escape to the rear, where there is a communal hard stand.
Healy Place, Stoke, Plymouth Pl2 1Az - Accommodation - A communal front door opens into a communal hallway. Stairs rising to the flat.
A wooden door opens into; Entrance Hall - 2.3 x 1.85 (7'6" x 6'0") - Laminate wood flooring. uPVC double-glazed window to side. Stairs lead up to the half landing & first floor landing.
Half Landing - 3.48 x 1.23 (11'5" x 4'0") - Doors leading off to the bathroom & kitchen/diner.
Kitchen/Diner - 5.68 x 3.22 (18'7" x 10'6") - Matching modern base & wall mounted units with integrated twin oven, fridge freezer, washing machine & a space for a tumble dryer.
Roll edge laminate work surfaces have inset 5 ring gas hob with filter hood over & 1.5 bowl sink unit with mixer tap. Brick-style tiled splash-backs.
Worcester boiler fitted in 2022 concealed in a cupboard. Ample space for a dining table. Laminate wood flooring. Dual aspect with uPVC double-glazed window to both sides.
uPVC double-glazed door opens out to a rear metal spiral staircase which leads down to a shared hardstand area.
Bathroom - 3.27 x 1.83 (10'8" x 6'0") - Matching suite of L-shaped panelled bath with shower over, close coupled wc & wash hand basin inset into vanity cupboards below. Tiled walls. Tiled floor.
uPVC double-glazed window to side. First Floor Landing - Doors leading off to the bedrooms & lounge. Lounge - 4.01 x 3.82 (13'1" x 12'6") - Wall mounted electric gas fire.
Two uPVC double-glazed windows to rear. Bedroom One - 4.02 x 3.71 plus door access (13'2" x 12'2" plus d - uPVC double-glazed window to front with distant views over to Torpoint.
Bedroom Two - 3.13 x 1.99 plus door access (10'3" x 6'6" plus do - uPVC double-glazed window to front.
Outside - There are communal gardens with a spiral staircase (fire escape) leading up to the first & second floors.
Tenure - Leasehold with a term of 999 years from 25/03/1990 with circa 983 years remaining. An annual ground rent of £50 and an annual sink fund of £400.
Council Tax - Plymouth City Council Council Tax Band: A Services - The property is connected to all the mains services: gas, electricity, water and drainage.
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 Stoke, Plymouth
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