Long lease, external store and projected £700pcm rental return.
Newly refurbished ground-floor one-bedroom, ready to move in
A compact, newly refurbished one-bedroom ground-floor apartment close to Plymouth city centre. The open-plan living area has high ceilings, a contemporary kitchen with built-in appliances, and useful understairs storage. The bright double bedroom and modern three-piece bathroom make this a ready-to-move-into home or a straightforward rental unit.
Practical ownership benefits include a 996-year lease, share of freehold, chain-free sale and external storage for bikes or belongings. Off-street parking is available to the rear on a first-come, first-served basis, and the property sits in a well-connected location near shops, transport links and the university.
Be clear about the trade-offs: the flat is small at around 375 sq ft and best suited to a single occupant or couple. The building is Victorian and the exterior shows wear with evidence of scaffolding and potential damp — communal or exterior repairs may be needed. Heating is via electric storage heaters rather than mains gas, and the neighbourhood records higher crime levels and sits in a very deprived area.
For a first-time buyer seeking a low-entry central home, or an investor targeting assured short-term rental income (projected £700 pcm), this property offers a long lease and modern interior while requiring realistic expectations about size, location and possible external maintenance costs. Service charge is around £1,440pa and council tax is low (Band A).
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