Summary - Flat 4, 118, North Road East PL4 6AH
2 bed 1 bath Apartment
High-yield, commuter-friendly flat ideal for investors or first-time buyers.
Two double bedrooms, principal bedroom with eaves storage
Split-level top two floors with elevated city views
Approx 833 sq ft (77.4 sq m) of living space
Share of freehold (25% ownership) and £1,100 pa service charge
On-street permit parking only; no private garden
Double glazing and mains gas central heating present
Local area: close to train station, university, city centre
Above-average local crime; building walls likely lack insulation
This split-level two-bedroom apartment occupies the top two floors of a converted Victorian terrace, offering elevated city views and a bright, flexible layout. The generous lounge/diner and separate kitchen/breakfast room provide comfortable living space for a couple, first-time buyer or a lettings investor. The property is only a two-minute walk from Plymouth train station and close to the university and city centre, making it highly convenient for commuters and students.
The apartment comes with a 25% share of the freehold and is managed with an annual service charge of £1,100. It benefits from double glazing (installed post-2002), mains gas central heating and a practical layout that includes eaves storage in the principal bedroom. There is no private garden; permit on-street parking is available on surrounding streets.
As a purchase opportunity this flat suits buyers seeking rental income or a reasonably sized first home in a central location. The building’s granite/whinstone walls are likely uninsulated, which may affect heating costs and comfort—cosmetic updating to kitchen and bathroom could improve marketability and rental rates. Note the immediate area is classified as a cosmopolitan student neighbourhood and local crime statistics are above average, which buyers should weigh against the strong rental demand and estimated yield.
Overall, this apartment offers character, convenience and clear rental potential, but buyers should budget for possible thermal improvements and cosmetic modernisation to maximise long-term value.
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