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See how verdicts work1-bedroom flat · PL6 7SP
Listing removedReduced £5k (−5.3%) on 29 JulListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the popular residential area of Woolwell, this first-floor flat is offered for sale with no onward chain and would make the ideal first-time home.
Internally the property comprises entrance hall, bedroom, shower room and an open plan living room incorporating the lounge/dining and kitchen areas.
The property also has double glazing, electric heating and externally there is an allocated parking space and communal lawned garden to the rear. Plymouth Homes recommend an early viewing.
Ground Floor Entrance Entry is via a secure communal entrance and hallway with rear door to the communal garden and stairs to the first-floor landing.
First Floor With private door into the entrance hall. Entrance Hall With wall mounted electric heater and entry phone, access to the loft space, built in storage cupboard.
Open Plan Living Room (4.79m x 3.56m max (15'8" x 11'8" max)) An open planning living area incorporating the lounge/dining and kitchen areas.
The kitchen is fitted with a matching range of base and eye level units with worktop space above, breakfast bar, sink unit with single drainer and mixer tap, tiled splashbacks, spaces for fridge, freezer, washing machine and cooker, double glazed windows to the front and side, wall mounted electric heater.
Bedroom (3.23m x 2.48m (10'7" x 8'1")) With double glazed window to the front, built in wardrobe, wall mounted electric heater.
Shower Room (2.10m x 1.67m (6'10" x 5'5")) Fitted with a three-piece suite comprising shower cubicle with fitted electric shower above, pedestal wash hand basin, low-level WC, electric fan heater, extractor fan, tiled splashback, built in storage cupboard.
Outside: The property benefits from and allocated parking space at the front of the building and access to a rear communal garden area.
Leasehold The term of the lease for this property is 999 years from 1991. This information was gathered from the information held by the Land Registry.
We have been advised by the seller that the combined ground rent/service charge is £1,215 per annum. This will be verified by the purchasers legal advisor during the conveyancing process.
We recommend that potential purchasers inform their mortgage company and legal advisor of the lease term and ground rent prior to commencing a purchase.
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
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.
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FAQ
About 109, Pinewood Drive, Plymouth
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