Clarence Building, Royal William Yard
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Clarence Building, Royal William Yard

By Martin & Co

£ 340,000

Reviews

2 out of 5 stars

Martin & Co says ..

*** THE MOST UNUSUAL APARTMENT YOU WILL FIND ON THE ROYAL WILLIAM YARD! *** To maximise rental income this current AIR B&B has been converted to with the ability to generate up to £50,000 turnover per annum. Accommodation comprises: Flat A - hall, lounge/diner, kitchen, master bedroom an...

Property Oracle says ..

This two-bedroom, two-bathroom apartment is situated in the prestigious Royal William Yard in Plymouth, Devon. The property benefits from its location within a redeveloped historic dockyard, offering a unique blend of historical charm and modern convenience. The apartment features a renovated interior with modern fixtures and fittings in the kitchen and bathrooms. Exposed stonework and wooden beams add character to the living space. However, the apartment is relatively small with minimal outdoor space. This means it would be particularly suitable for those that value a city lifestyle with easy access to water front amenities and nearby transport links, but may not be suitable for buyers prioritizing ample living space or outdoor areas.

The apartment’s location in the Royal William Yard is a key selling point. The yard itself is a vibrant area with numerous restaurants, cafes, and shops, providing a convenient lifestyle. The proximity to Plymouth city center and transport links, including train stations within a few kilometers, adds further value. There are also several schools nearby, although their Ofsted ratings vary.

While the apartment itself is in good condition, the lack of a garden or private outdoor space is a noteworthy limitation. The internal space, while modern and well-presented, is relatively compact. Potential buyers should carefully consider their needs and priorities to determine if this property is right for them. The listing price, given the current market conditions in the area, seems competitive for a renovated apartment in this sought-after location, even considering the limited outdoor space.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
909.87

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
219,909.00 £
Decreased by 3.89 %
from 228,809.00 £
Est sale value
259,312.95 £
Increased by 14.46 %
from 226,557.63 £
Average area rental value
987.00 £/mo
Increased by 16.53 %
from 847.00 £/mo
Est letting value
909.87 £/mo
from 0.00 £/mo
Est rental Yield
5.39 %
Increased by 21.40 %
from 4.44 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
St George'S Cofe Primary AcademyAcademy Sponsor LedGood0.77 KM
High Street Primary AcademyAcademy Sponsor LedSerious Weaknesses1.30 KM
Mount Wise Community Primary SchoolAcademy Converter1.39 KM
City College PlymouthFurther EducationGood1.44 KM
St Joseph'S Catholic Primary SchoolAcademy ConverterGood1.51 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ferry Cottages £ 000.00 KM
St Julians Crescent £ 000.00 KM
Cumberland Street £ 000.00 KM
No.1 Slip £ 100,00000.00 KM
Mount Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Devonport3579DPT2.00 KM
Dockyard (Devonport)3588DOC2.57 KM
Plymouth3580PLY3.20 KM
Keyham3571KEY3.51 KM
St Budeaux Ferry Road3590SBF5.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Royal William Yard, Stonehouse, Plymouth £ 475,000BUYUnknown0.00 KM
Royal William Yard, Stonehouse £ 320,000BUY6 / 100.00 KM
Royal William Yard, Clarence, PL1 £ 220,000BUY5 / 100.00 KM
Royal William Yard, Clarence, PL1 £ 215,000BUY7 / 100.00 KM
Royal William Yard, Clarence, PL1 £ 208,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
8 Freemans Wharf £ 250,0000.48 KM
3 Freemans Wharf £ 174,9500.48 KM
4 Freemans Wharf £ 260,0000.48 KM
7 Freemans Wharf £ 155,0000.48 KM
1 Freemans Wharf £ 365,0000.48 KM