FLAT 12
2 LOCKYERS QUAY, PLYMOUTH, PLYMOUTH, CITY OF PLYMOUTH PL4 0DX
£47,500
Property details
Tenure
LEASEHOLD
Last sold
£47,500 Oct 2008
Local average
£131,693 (-63.9%)
Deprivation
Decile 2 (6,281 of 33,755)
Street crime
778 incidents within 1 mile (Apr 2026)
Key features
- A one bedroom second floor flat
- Double glazing
- (50% share on offer)
- Full share plus part share sale
- Energy rating: B
Description
A chance to purchase a 50% share of this purpose built CENTRALLY located one BEDROOM second floor flat. GREAT FIRST TIME BUY, CLOSE ACCESS TO THE CITY CENTRE AND WATER.
DESCRIPTION
A one bedroom purpose built second floor flat. The accommodation briefly comprising; private hallway, open plan kitchen/dining room, double bedroom plus a bathroom.
Entrance
Private door with spyhole through to;
Hallway
With doors to all of the rooms, wall mounted entry phone, general purpose storage cupboard, smoke detector,
Bathroom
Bath with shower, curtain and rail over, low level w.c, pedestal wash hand basin, radiator, wall light with shaver socket.
Bedroom 10' 8" x 12' ( 3.25m x 3.66m )
Double glazed window to the rear, radiator.
Kitchen/living/dining Room 18' 5" x 13' 3" ( 5.61m x 4.04m )
(Open plan) Double glazed doors to the rear, single drainer sink unit with tiled splashbacks, range of wall and base units with laminated roll top work surfaces, fitted oven (remaining), plumbing for an automatic washing machine, space for an upright fridge/freezer, wall mounted central heating boiler, radiator, television point, telephone point.
Agents Note
Confirmation that Connells are offering the 50% share plus the full share - contact our office for further details.
Agents Note
The property benefits from having a shed, bike storage plus bin storage area. There are lifts in the block. The property is within minutes of the City Centre and Waters Edge plus the Historic Barbican.
Agents Note
We believe the current rent and service charge is an additional £211 per calandar month.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Listed by
First Time Buyers Centre - Mutley Plain
Connells
Reference: 52647025
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 10/10/2008 (17 years ago) | £47,500 | — |
Source: HM Land Registry Price Paid Data. Crown copyright.
Sold Comparables
Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.
| Address | Price | Date | Type |
|---|---|---|---|
| 2C TEATS HILL FLATS, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LX | £125,000 | 05/02/2025 | Flat |
| 2E TEATS HILL FLATS, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LX | £150,000 | 15/12/2023 | Flat |
| 9 FLAT 23 PARSONAGE WAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LY | £250,000 | 08/12/2023 | Flat |
| QUEEN ANNE'S QUAY, 9 FLAT 11 PARSONAGE WAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LY | £320,000 | 01/12/2023 | Flat |
| 9 FLAT 5 PARSONAGE WAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LY | £375,000 | 24/07/2023 | Flat |
| 2 FLAT 24 LOCKYERS QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0DX | £102,000 | 31/03/2023 | Flat |
| 2 FLAT 31 LOCKYERS QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0DX | £150,000 | 30/11/2022 | Flat |
| 2 FLAT 20 LOCKYERS QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0DX | £160,000 | 30/09/2022 | Flat |
| 22 FLAT 6 PARSONAGE WAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LY | £190,000 | 22/06/2022 | Flat |
| 2 FLAT 14 LOCKYERS QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0DX | £62,500 | 27/05/2022 | Flat |
| TEATS HILL FLATS FLAT 3B, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LX | £135,000 | 28/04/2022 | Flat |
| 2 FLAT 18 LOCKYERS QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0DX | £67,500 | 01/04/2022 | Flat |
| 29 ARTILLERY PLACE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0LU | £192,000 | 18/10/2021 | Flat |
Area average: £175,308 (13 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): City of Plymouth. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Plymouth. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Plymouth.
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Lockyers Quay | 0.0 miles |
| Shop | Smyths | 0.3 miles |
| Shop | Poundstretcher | 0.3 miles |
| University | University of Plymouth | 0.8 miles |
| University | Unknown | 1.0 miles |
| Train station | Plymouth | 1.0 miles |
| Train station | Devonport | 2.0 miles |
| Hospital | Phlebotomy Services | 3.4 miles |
| Hospital | University Hospital Plymouth Derriford | 3.4 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 323 |
| Anti-social behaviour | 131 |
| Shoplifting | 81 |
| Public order | 62 |
| Criminal damage and arson | 56 |
| Other theft | 42 |
| Drugs | 21 |
| Vehicle crime | 14 |
| Burglary | 13 |
| Possession of weapons | 11 |
| Other crime | 9 |
| Theft from the person | 9 |
| Robbery | 6 |
| Total incidents | 778 |
Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).
Schools nearby
Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.
| Name | Type | Distance | Ofsted |
|---|---|---|---|
| Holy Cross Catholic Primary School | Primary | 0.4 miles | Good — 24 Jan 2023 |
| ACE Schools Plymouth | Other | 0.4 miles | Good — 14 Mar 2019 |
| Salisbury Road Primary School | Primary | 0.6 miles | Good — 12 Oct 2023 |
| Prince Rock Primary School | Primary | 0.6 miles | Outstanding — 17 Jul 2024 |
| Arts University Plymouth | Other | 0.6 miles | — (No rating) |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 1 Bed Flat, St Judes Street, PL4 | £900/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, The Barbican, PL1 | £950/mo | 1 | 0.33 miles | OpenRent |
| Studio Flat, Compass House, PL4 | £750/mo | 1 | 0.34 miles | OpenRent |
| 1 Bed Flat, Citadel Ope, PL1 | £950/mo | 1 | 0.42 miles | OpenRent |
| Studio Flat, Notte Street, PL1 | £585/mo | 1 | 0.7 miles | OpenRent |
| 1 Bed Flat, Notte Street, PL1 | £2,195/mo | 1 | 0.76 miles | OpenRent |
Average rent: £1,055/mo (6 listings)
Rent-driven metrics
Based on OpenRent comparables.
- Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
- Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
- Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
- Gross yield — Annual rent as % of purchase price (no costs).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
- ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).