Summary - 8 FLAT 5 ROYAL WILLIAM YARD PLYMOUTH PL1 3QQ
1 bed 1 bath Apartment
Characterful one-bedroom with strong short‑let income potential and stunning harbour views.
Grade I* listed waterfront apartment with uninterrupted marina views
Open-plan living with mezzanine providing extra sleeping area
100 years remaining on lease; chain free for quick sale
Service charge approx. £2,898 per year; review possible
Permit parking available; charge approx. £239 per three months
Healthy serviced-accommodation income history; investor potential
No private garden; communal courtyard only
Listed status restricts alterations and may complicate repairs
Set within the Grade I* listed Royal William Yard, this one-bedroom mezzanine apartment offers striking waterside views and characterful historic fabric. The apartment’s open-plan living area and floor-to-ceiling French doors frame the marina outlook, while a compact mezzanine provides flexible additional sleeping or storage space. The fitted kitchen includes integrated appliances and there is a useful deep utility cupboard.
The property is held on a 100-year lease and is chain free, with an annual service charge around £2,898 and permit parking available (circa £239 per three months). It has generated a healthy income through serviced accommodation in recent years, making it suitable for investors or buyers seeking a ready-made short-let revenue stream. The building benefits from very low crime, excellent mobile signal and convenient access to local bars, restaurants, cinema and Plymouth city attractions.
Buyers should note material constraints: the apartment is in a Grade I* listed building, so alterations may be restricted and listed status can complicate maintenance or refurbishment. Heating is via a community scheme, the stone walls are likely uninsulated (original granite), and the area is classified as deprived which may affect long‑term demand patterns. There is no private outdoor space; courtyard and parking are communal.
Overall this is a compact, well-presented waterside flat with character and income potential, best suited to an investor or buyer who values location and view over a private garden and who accepts listed-building limitations and ongoing service charges.
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