For sale OFFICE

Salt Quay House

Plymouth, Devon, PL4, PL4 0BN

POA

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Property details

Local average

£2,333,608 (-100%)

Deprivation

Decile 2 (6,610 of 33,755)

Street crime

988 incidents within 1 mile (May 2026)

Key features

  • Prestigious offices within Salt Quay House
  • Exceptional waterfront position with panoramic views over Sutton Harbour Marina and Plymouth Sound.
  • High-quality specification including air conditioning, suspended ceilings, and raisedaccess floors.
  • Atrium reception with concierge services.

Description

Salt Quay House occupies a prime position within Sutton Harbour, widely regarded as the most desirable commercial and residential quarter in Plymouth. The location combines marina-side tranquility with city centre convenience, offering a vibrant mix of offices, apartments, restaurants, and waterfront amenities. Sutton Harbour is within easy walking distance of the historic Barbican, with its cobbled streets, independent cafés, and maritime heritage, and just a short
stroll to Plymouth Hoe, renowned for its sweeping sea views and open green spaces.

The city's main retail district and the Drake Circus Shopping Centre are also within a few minutes' walk. Plymouth itself is the principal city in Devon, with a population of over 250,000
and a strong economic base supported by its Naval dockyard, university, and growing technology and marine sectors. The City now has Freeport status.

Excellent transport links include:

* A38 Expressway connecting to the M5 at Exeter (approx. 40 miles).
* Mainline rail services to London Paddington and regional destinations.
* Plymouth Ferry Port with routes to France and Spain.

This enviable combination of accessibility, setting, and amenities makes Salt Quay House an outstanding location for any business seeking a professional image and a dynamic environment.

Salt Quay House provides high-specification offices arranged to suit a range of occupier needs.

* The mezzanine office is accessed from the atrium reception and has an external breakout area.
* The second floor is also available and is mainly open plan with meeting rooms reception area and balconies.

Key features include:

* Modern, air-conditioned offices with suspended ceilings incorporating CAT 2 lighting.
* Meeting rooms available for tenants and visitors.
* Flexible parking solutions.

Listed by

Hector Pearce, Exeter

Reference: 168847838

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

No sales history found for this property in Land Registry Price Paid data.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
UNIT 3 MARINERS COURT, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BS £126,000 26/11/2025 Other
DISCOVERY WHARF, 15 FLAT 16 NORTH QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0RB £340,000 29/08/2025 Other
51 - 53 GROUND FLOOR, THE OLD FRIARY BRETONSIDE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BD £102,000 31/08/2022 Other
63 - 65 BRETONSIDE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BD £6,742,689 21/07/2022 Other
35 GROUND FLOOR BRETONSIDE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BB £15,000 16/03/2022 Other
R WEST & SON SUTTON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL4 0HN £375,000 10/09/2021 Other
29 BRETONSIDE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BB £350,000 01/09/2021 Other

Area average: £1,150,098 (7 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 171.7%
10y growth 113.6%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Plymouth. Series: All dwelling types. As of April 2026.

1y (index) 2.9%
5y (index) 22.1%
10y (index) 43.6%

Rental Range

Estimated market rent for Plymouth. Low = conservative, Realistic = average, Optimistic = best case.

Low £898/mo
Realistic £998/mo
Optimistic £1,098/mo

Based on Local Authority from postcode lookup → Plymouth.

Location

Address

2A North East Quay

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop China House 0.1 miles
Shop Tesco Express 0.1 miles
Shop Poundland 0.1 miles
Bus stop Gasking Street 0.1 miles
University University of Plymouth 0.5 miles
University Unknown 0.7 miles
Train station Plymouth 0.8 miles
Train station Devonport 1.8 miles
Hospital Phlebotomy Services 3.2 miles
Hospital University Hospital Plymouth Derriford 3.3 miles

Street-level crime

Category Count
Violence and sexual offences 421
Anti-social behaviour 157
Shoplifting 97
Criminal damage and arson 68
Other theft 60
Public order 56
Drugs 34
Possession of weapons 26
Burglary 22
Vehicle crime 22
Other crime 9
Robbery 8
Theft from the person 7
Bicycle theft 1
Total incidents 988

Within 1 mile during May 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 0.1 miles Good — 24 Jan 2023
ACE Schools Plymouth Other 0.2 miles Good — 14 Mar 2019
Arts University Plymouth Other 0.3 miles (No rating)
Mount Street Primary School Primary 0.4 miles Good — 7 Mar 2023
University of Plymouth Other 0.5 miles (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Moon Street, PL4 £1,250/mo 2 0.13 miles OpenRent
Anson Place, St. Judes, Plymouth £1,250/mo 3 0.39 miles Rightmove
3 Bed Flat, Malborough Road, PL4 £600/mo 3 0.47 miles OpenRent
8 Bed Terraced House, Bedford Terrace, PL4 £542/mo 8 0.5 miles OpenRent
1 Bed Flat, North Road East, PL4 £1,200/mo 1 0.59 miles OpenRent
1 Bed Flat, North Road East, PL4 £900/mo 1 0.61 miles OpenRent
1 Bed Flat, Rochester Road, PL4 £750/mo 1 0.66 miles OpenRent
2 Bed Flat, Abingdon Road, PL4 £950/mo 2 0.66 miles OpenRent
1 Bed Flat, Rochester Road, PL4 £750/mo 1 0.67 miles OpenRent

Average rent: £910/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 90000%
Max investor price (0.8%) £112,500
Target investor price (1%) £90,000
Gross yield 1080000%
Monthly cashflow £785/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 3248259.6%
  • 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).
  • 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).