Income-producing city flat with modern fittings and long lease — tenant in situ until Aug 2026..
711 sq ft spacious one-bedroom apartment with balcony potential
A spacious one-bedroom upper-floor apartment in central Plymouth offering immediate rental income — currently let at £800pcm until August 2026. The 711 sq ft flat has a modern open-plan kitchen with integrated appliances, a large double bedroom with fitted wardrobe, and a contemporary bathroom. Double glazing and underfloor heating improve comfort and energy performance. Fast broadband and excellent mobile signal suit city renters and students.
This property is held on a long lease (about 104 years remaining) with a service charge of approximately £3,694pa and a ground rent of £150pa. Note there are planned cladding remedial works scheduled from April 2026 to July 2027; these works may involve disruption and could affect future service charges or require liaison with the management company.
Positioned in a cosmopolitan, multicultural student neighbourhood in the city centre, the flat benefits from local amenities, transport links and nearby schools. The building was constructed c.1996–2002, with cavity walls and post-2002 double glazing noted. The flat is offered as leasehold with tenants in situ, making it most suitable for buy-to-let investors or buyers seeking an income-producing asset.
Buyers should weigh the strong rental prospects and long lease against the high service charge and forthcoming remedial programme. The property’s condition is described as modern and well-appointed, but capital expenditure related to the cladding works and any associated levies should be clarified with the management company before purchase.