1 bed flat for sale

Keyham Road, Plymouth PL2

Positioned on the top floor with far-reaching views across the city, this bright and well-presented one bedroom apartment with private balcony offers an excellent opportunity for both investors and future first-time buyers.

The property is currently let at £700 per calendar month (£8,400 per year), creating an attractive gross yield of approximately 8–9% at the guide price, making it a ready-made investment from day one.

Inside, the apartment offers a generous lounge with doors opening onto a private balcony, providing a fantastic spot to relax while enjoying the elevated outlook across the surrounding city skyline. The accommodation also includes a separate fitted kitchen, a comfortable double bedroom, and a bathroom with white suite.

The layout is simple and practical, with the property presented in clean, neutral condition throughout. A buyer could continue renting the apartment as it stands or modernise over time to further enhance value.

The location is another strong feature. The property sits within easy reach of Devonport Dockyard, Devonport Park, local shops and amenities, while also being conveniently positioned for access into Plymouth City Centre and surrounding transport links. The proximity to the dockyard continues to support consistent rental demand in this part of the city.

Offered with a guide price of £95,000 – £105,000, this represents a smart purchase for investors seeking a straightforward income producing property, or buyers looking to secure an accessible first step onto the property ladder in the future.

Key Features

• Top floor apartment

• One double bedroom

• Private balcony with dockyard / water views

• Spacious lounge

• Separate fitted kitchen

• Bathroom with white suite

• Currently let at £700 pcm (£8,400 per year)

• Close to Devonport Dockyard

• Walking distance to Devonport Park and local shops

• EPC D (56) – potential D (60)

• Guide price £95,000 – £105,000

Tenure & Charges

Tenure: Leasehold

Lease Length: 125 years from March 2020 (approx. 119 years remaining)

Service Charge: £1,300.59 per annum

Ground Rent: £10 per annum