# Prestigious offices within Salt Quay House, Sutton Harbour, Plymouth close to the Barbican, Hoe, and city centre amenities. (PL4 0BN)

## Property Details

| Key | Value |
|-----|-------|
| Address | Salt Quay House, Plymouth, Devon, PL4, PL4 0BN |
| Price | POA |

## 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.

## Property Photos

- ![](/listings/photos/168847838/638979)
- ![](/listings/photos/168847838/638982)
- ![](/listings/photos/168847838/638985)
- ![](/listings/photos/168847838/638988)

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £2,333,608 (14 Other, PL4, 2024–2026)
- **Deviation:** -100%

## Rental Range

*ONS Price Index of Private Rents (Plymouth). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £898/mo
- **Realistic:** £998/mo
- **Optimistic:** £1,098/mo

## 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](http://87.117.209.195:8080/listings/35d8609) | £1,250/mo | 3 | 0.39 miles | Rightmove |
| 11 Bed End Terrace, Queen Anne Terrace, PL4 | £455/mo | 11 | 0.42 miles | OpenRent |
| 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 |
| Studio Flat, Notte Street, PL1 | £585/mo | 1 | 0.53 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 |
| 1 Bed Flat, Wyndham St West, PL1 | £800/mo | 1 | 0.98 miles | OpenRent |

**Average rent: £836/mo (12 listings)**

## 1% Rule

- **Rent ratio:** 77500% (strong)
- **Max investor price (0.8%):** £96,875
- **Target investor price (1%):** £77,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £775/mo).*

- **Gross yield:** 930000%
- **Monthly cashflow:** £672/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2782742.3%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** 171.7%
- **10y growth:** 113.6%

## House Price Index (HM Land Registry)

*Official index for City of Plymouth; All dwelling types series; as of April 2026.*

- **1y growth (index):** 2.9%
- **5y growth (index):** 22.1%
- **10y growth (index):** 43.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)