2 Bed Flat, Single Let, Plymouth, PL7 4PE, £130,000

10 St. Marys Court, Plympton, Plymouth, PL7 4PE - a month ago

Sold STC

Leasehold

BTL

ROI: 5%

52 m²

+2 photos

ValuationFair Value

Sold Prices	£55K - £465K
Sold Prices/m²	£1.4K/m² - £3.8K/m²

Square Metres	51.90 m²
Price/m²	£2.5K/m²
Value Estimate	£132,521£132,521

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,500£32,500
Stamp Duty & Legal Fees	£7,700£7,700
Total Cash In	£40,200£40,200

Cash Out
Rent Range	£650 - £3,499£650 - £3,499
Rent Estimate	£725
Running Costs/mo	£571£571
Cashflow/mo	£154£154
Cashflow/yr	£1,845£1,845
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

32 sold prices from £55K to £465K, average is £134K. £1.4K/m² to £3.8K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£131K	07/23	0 mi	39, St Marys Court, Plymouth, City Of Plymouth PL7 4PE	-	-	2	Flat
£110K	05/21	0 mi	14, St Marys Court, Plymouth, Devon PL7 4PE	£2,391	46	2	Flat
£135K	02/23	0 mi	46, St Marys Court, Plymouth, City Of Plymouth PL7 4PE	£2,622	51	2	Flat
£180K	03/23	0.19 mi	20, Acorn Gardens, Plymouth, City Of Plymouth PL7 4NJ	£2,834	64	2	Flat
£177K	09/22	0.19 mi	45, Acorn Gardens, Plymouth, City Of Plymouth PL7 4NJ	£2,607	68	2	Flat
£55K	09/21	0.2 mi	15, Acorn Gardens, Plymouth, City Of Plymouth PL7 4NJ	-	-	2	Flat
£168K	09/22	0.27 mi	2, Hemerdon Way, Plymouth, City Of Plymouth PL7 4HA	£3,550	47	2	Flat
£120K	03/23	0.33 mi	Flat 25, Barncott, Mudge Way, Plymouth, City Of Plymouth PL7 2PS	-	-	2	Flat
£115K	08/21	0.33 mi	Flat 32, Barncott, Mudge Way, Plymouth, City Of Plymouth PL7 2PS	-	-	2	Flat
£103.5K	02/21	0.33 mi	Flat 27, Barncott, Mudge Way, Plymouth, City Of Plymouth PL7 2PS	-	-	2	Flat
£120K	09/22	0.33 mi	Flat 6, Barncott, Mudge Way, Plymouth, City Of Plymouth PL7 2PS	-	-	2	Flat
£113K	06/21	0.43 mi	Flat 26, Woodside Court, Underwood Road, Plympton, Plymouth, Devon PL7 1HL	-	-	2	Flat
£120K	07/22	0.43 mi	Flat 9, Woodside Court, Underwood Road, Plympton, Plymouth, City Of Plymouth PL7 1HL	-	-	2	Flat
£160K	10/21	0.75 mi	3, Romilly Gardens, Plymouth, City Of Plymouth PL7 2FF	£3,810	42	2	Flat
£135K	07/21	0.75 mi	5, Romilly Gardens, Plymouth, City Of Plymouth PL7 2FF	£3,321	41	2	Flat
£135K	10/20	0.95 mi	7, Triumphal Crescent, Plymouth, City Of Plymouth PL7 4RW	£2,455	55	2	Flat
£133K	01/21	0.95 mi	5, Triumphal Crescent, Plymouth, City Of Plymouth PL7 4RW	£2,375	56	2	Flat
£135K	07/23	1.34 mi	10a, Crabtree Close, Plymouth, City Of Plymouth PL3 6EL	£2,755	49	2	Flat
£100K	12/20	1.34 mi	14, Crabtree Close, Plymouth, City Of Plymouth PL3 6EL	£2,439	41	2	Flat
£135K	03/21	1.36 mi	Flat 4, Chaddlewood House, Clement Road, Chaddlewood, Plymouth, City Of Plymouth PL7 2HH	-	-	2	Flat
£130K	02/23	1.37 mi	Flat 9, Chaddlewood House, Clement Road, Chaddlewood, Plymouth, City Of Plymouth PL7 2HH	-	-	2	Flat
£146K	07/22	1.38 mi	68, Pode Drive, Plymouth, City Of Plymouth PL7 2XZ	-	-	2	Flat
£161K	06/22	1.38 mi	60, Pode Drive, Plymouth, City Of Plymouth PL7 2XZ	£2,875	56	2	Flat
£164K	11/22	1.39 mi	50, Pode Drive, Plymouth, City Of Plymouth PL7 2XZ	-	-	2	Flat
£465K	11/20	1.75 mi	8, Third Avenue, Billacombe, Plymouth, City Of Plymouth PL9 8AN	£3,121	149	2	Flat
£102K	12/20	1.82 mi	52, Nevada Close, Plymouth, City Of Plymouth PL3 6SY	£1,397	73	2	Flat
£165K	09/22	1.83 mi	65, Cressbrook Drive, Plymouth, City Of Plymouth PL6 8RY	£2,705	61	2	Flat
£138K	06/23	1.86 mi	52, Cressbrook Drive, Plymouth, City Of Plymouth PL6 8RY	£2,319	60	2	Flat
£135K	03/22	1.93 mi	40, Cressbrook Drive, Plymouth, City Of Plymouth PL6 8RY	£2,500	54	2	Flat
£55K	11/20	1.95 mi	18a, Laira Avenue, Plymouth, City Of Plymouth PL3 6AJ	-	-	2	Flat
£105K	05/21	1.99 mi	37, Finch Close, Plymouth, City Of Plymouth PL3 6AY	£2,143	49	2	Flat
£110K	05/21	1.99 mi	80, Finch Close, Plymouth, City Of Plymouth PL3 6AY	£2,391	46	2	Flat

Local Rents

50 rents from £650/mo to £3.5K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£850	02/25	0 mi	-	2	Flat
£795	04/24	0.1 mi	-	2	Flat
£850	12/24	0.19 mi	Acorn Gardens, Plympton	2	Flat
£1,300	06/24	0.31 mi	Colebrook, Plymouth	2	Flat
£1,300	06/24	0.38 mi	Plympton, Plymouth	3	Detached House
£1,200	06/23	0.4 mi	-	3	Semi-Detached House
£850	12/24	0.54 mi	Ridge Park Road, Plympton Zero Deposit Guarantee Available	1	Flat
£1,600	05/24	0.57 mi	-	3	Detached House
£1,495	06/24	0.57 mi	Lynmouth Close, PLYMOUTH	4	House
£1,100	03/23	0.61 mi	-	3	Semi-Detached House
£800	12/24	0.72 mi	Fore Street, Plympton St. Maurice	1	Terraced House
£3,499	12/23	0.78 mi	-	4	Detached House
£850	06/24	0.83 mi	Merafield Farm Cottages, PLYMOUTH	2	Flat
£1,250	06/24	0.9 mi	Westfield, PLYMOUTH	3	Detached House
£1,250	06/24	0.9 mi	Westfield, PLYMOUTH	3	Detached House
£1,050	10/24	0.92 mi	-	2	Terraced House
£1,050	03/24	0.93 mi	-	2	Terraced House
£1,300	06/24	0.96 mi	Triumphal Crescent, Plymouth, Devon, PL7	3	Terraced House
£950	06/24	0.97 mi	Wensum Close, Plympton	2	Flat
£1,200	02/24	1.05 mi	-	3	Detached House
£1,300	08/24	1.05 mi	-	3	Detached House
£1,250	10/23	1.13 mi	-	3	Detached House
£2,300	06/24	1.13 mi	-	4	Semi-Detached House
£900	06/24	1.21 mi	Robyns Close, PLYMOUTH	2	House
£990	03/25	1.28 mi	-	2	Semi-Detached House
£900	06/24	1.28 mi	Elder Close, Plympton, Plymouth, Devon	2	Flat
£1,000	06/24	1.3 mi	Turbill Gardens, Plymouth, PL7 2XF	3	Terraced House
£725	06/24	1.3 mi	Crabtree Close, Marsh Mills, Plymouth	2	Flat
£775	06/24	1.31 mi	Crabtree Close, Laira, Plymouth	2	Flat
£750	08/24	1.33 mi	Crabtree Close, Crabtree, Plymouth, Devon	2	Flat
£950	05/24	1.37 mi	-	2	Flat
£1,300	06/24	1.39 mi	Newnham Estate, Plymouth, Devon, PL7	2	Flat
£1,610	07/23	1.39 mi	-	4	Detached House
£1,520	08/24	1.39 mi	-	4	Detached House
£1,650	06/24	1.39 mi	Canefields Avenue, Plymouth, PL7	4	Detached House
£1,800	06/24	1.4 mi	Spindle Crescent, Chaddlewood	4	Detached House
£690	06/24	1.42 mi	Gordonia, Plymouth Road, Plymouth	2	Flat
£800	06/24	1.45 mi	Latimer Close, PLYMOUTH	2	House
£650	02/25	1.48 mi	-	1	Flat
£1,592	12/24	1.49 mi	Canefields Avenue, PLYMOUTH	4	House
£1,000	06/24	1.53 mi	Plympton, Plymouth	2	Terraced House
£1,900	06/24	1.57 mi	Plympton, PLYMOUTH	4	Flat
£1,300	06/24	1.6 mi	Higher Park Close, Plympton	3	Detached House
£1,750	06/24	1.63 mi	Sherford, Plymouth	4	Terraced House
£1,400	06/24	1.63 mi	West Park Drive, PLYMOUTH	4	House
£825	01/24	1.64 mi	-	2	Semi-Detached House
£875	09/24	1.64 mi	-	2	Semi-Detached House
£725	01/24	1.64 mi	-	2	Semi-Detached House
£850	06/24	1.68 mi	Walnut Gardens, Plympton, PLYMOUTH	2	Flat
£1,000	12/24	1.68 mi	Miranda Court, Sherford, Plymouth, Devon, PL9	2	Flat

Local Area Statistics

Population in PL7	31,46231,462
Population in Plymouth	238,914238,914
Town centre distance	1.98 miles away1.98 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	3.78 miles away3.78 miles away

Rental growth (12m)	+2%+2%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+32%+32%

Property History

Listed for £130,000

February 6, 2025

Floor Plans

Description

First floor apartment +
Lounge/diner +
Kitchen +
2 bedrooms +
Shower room +
Communal gardens +
On a main bus route +
In close proximity to the Ridgeway +
No onward chain +

Generously-sized first floor apartment, centrally located, close to the Ridgeway shopping centre & on a main bus route. Briefly, the accommodation comprises an entrance porch & hall, lounge/diner, kitchen, 2 bedrooms & shower room. Externally there are communal gardens.

St Marys Court, Plympton, Plymouth Pl7 4Pe -

Accommodation - Main door into the communal hallway with steps rising to the first floor. Wooden door, with inset glass panelling, opening into the entrance porch.

Entrance Porch - 1.57 x 1.06 (5'1" x 3'5") - Wooden door opening into the entrance hall.

Entrance Hall - 1.89 x 1.76 (6'2" x 5'9") - Doors providing access to the accommodation.

Lounge/Diner - 4.75 x 2.95 (15'7" x 9'8") - uPVC double-glazed half-bay window to the front elevation overlooking St Mary's Playing Field. Open plan access into the kitchen.

Kitchen - 2.92 x 1.85 (9'6" x 6'0") - Matching base and wall-mounted units incorporating a roll-edged laminate worktop with inset stainless-steel sink and mixer tap. Space for an upright fridge/freezer, washing machine and cooker. uPVC double-glazed windows to the front and side elevations.

Bedroom One - 3.31 x 2.56 (10'10" x 8'4") - Inbuilt storage. uPVC double-glazed half-bay window to the rear elevation.

Bedroom Two - 3.27 x 2.84 (10'8" x 9'3") - Single wardrobe. Airing cupboard housing the water tank. uPVC double-glazed window to the rear elevation.

Shower Room - 2.05 x 1.67 (6'8" x 5'5") - Fitted corner electric shower unit, vanity-style wash handbasin with storage beneath and concealed cistern wc. Obscured uPVC double-glazed window to the side elevation.

Lease Information - The current lease has 61 years remaining but the seller is extending the lease to 999 years. The management company is Tuffins and the current annual service charge is £1,159.08.

Council Tax - Plymouth City Council
Council Tax Band: A

Services - The property is connected to mains electricity, water and drainage.

What3words - ///busy.caged.labels

Agent Details

Julian Marks, Plympton

01752 741649

Next Steps?

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