Long lease, allocated parking and city access ideal for investor or commuter.
24-hour gated security and professionally maintained historic grounds
Set within The Millfields—an award-worthy conversion of the former Royal Naval Hospital—this ground-floor one-bedroom sits within a secure, gated estate with 24-hour security and landscaped communal grounds. The long 999‑year lease (granted 2015) and allocated off-street parking are practical ownership strengths for both owner-occupiers and buy-to-let investors.
The flat provides a spacious, open-plan living and dining space with a modern kitchen and a generous double bedroom with fitted wardrobes. High ceilings and large windows throughout echo the building’s Georgian character and deliver a bright, airy feel; the apartment overlooks Quadrangle Square and benefits from easy level access on the ground floor.
Running costs and location considerations are material. Service charges average around £3,000 per year (covers estate management and security) and ground rent is approximately £250 per year. The immediate neighbourhood shows higher crime levels and wider area deprivation indicators; broadband speeds are currently slow, which may affect home-working or streaming without upgrading providers.
This property suits a buyer seeking heritage character with the convenience of central Plymouth—particularly investors targeting student or city-centre lets, or buyers who value secure, low-maintenance communal living. The building sits in a designated Conservation Area, so any external alterations would require consent, but the combination of long lease, parking and estate security gives clear practical advantages.