Sold STC Flat

BASEMENT

2A, THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH PL1 2PJ

2 beds 2 baths 1,098 sq ft Listed 24 Jul 2024 (-703d)

£240,000

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Property details

Tenure

LEASEHOLD (121 years remaining on lease)

Floor area

102 m²

Council tax band

B

EPC rating

C

Year built

England and Wales: before 1900

Last sold

£249,000 Feb 2025

Price per m²

£2,353/m²

Local average

£169,045 (+42%)

Street crime

853 incidents within 1 mile (Apr 2026)

Key features

  • Grade II Listed Converted Apartment
  • Enviable Position On Plymouth Hoe
  • Close To Thriving City Centre & Vibrant Barbican
  • Lounge With Cosy Fireplace
  • Kitchen With Breakfast Bar Island
  • Integrated Dishwasher
  • Main Bedroom With En-Suite Shower Room
  • Private Rear Courtyard
  • 2 Large External Storage Areas
  • Period Features

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Parking
Permit
Listed property
Yes

Description

Lang Town and Country are delighted to present to the market this Grade II listed, fantastic and spacious basement apartment in an enviable position on The Hoe, only a stone’s throw from the water’s edge and conveniently close to the thriving City Centre and a short walk to the vibrant hustle and bustle of The Barbican.
This residence beautifully marries classic charm with modern comforts, offering a truly unique living experience.
As you enter through the spacious hall, you’ll find ample storage to accommodate your needs along with a useful utility area. The inviting lounge, featuring a cosy fireplace, traditional sash windows, cornicing and picture rails, seamlessly flows into a contemporary kitchen, ideal for culinary enthusiasts. The kitchen provides ample storage with a range of base units, breakfast bar island, integrated dishwasher and space for an American fridge freezer.
The apartment comprises two generously sized double bedrooms, including a master suite with a luxury en-suite shower room which is fully tiled and complete with a double walk-in shower, wash hand basin, mirror with lights, WC and a heated towel rail. A well-appointed family bathroom serves the second bedrooms and guests. 
Off the main bedroom, a private courtyard provides an idyllic setting for al fresco dining, where you can unwind and enjoy the serene surroundings. To the front of the apartment outside, there are 2 large storage areas, perfect for bike and water sport equipment storage.
Parking is available for purchase via Plymouth City Council Residents Permit Scheme.
Embrace the perfect blend of period features and modern amenities in this captivating apartment, offering a lifestyle of comfort and convenience on the water’s edge.
Lease Information: We understand the apartment is held on Lease with 121 years remaining and subject to a service charge of approximately £1080 per year from but this is subject to change. The above information is provided in good faith although we would recommend that prospective purchasers consult their own solicitor for formal verification.

Listed by

Plymouth

Lang Town & Country Estate Agents Ltd

Reference: 150587981

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 05/08/2024

Expiry date: 04/08/2034

Current heating cost: £813/year

Potential heating cost: £655/year

Est. upgrade cost to C: £9,000

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

337% since 2001

Event Date Price % change
Sold 26/02/2025 (1 year ago) £249,000 +43.9%
Sold 20/11/2015 (10 years ago) £173,000 +4.8%
Sold 11/04/2014 (12 years ago) £165,000 +21.3%
Sold 28/10/2005 (20 years ago) £136,000 +138.8%
Sold 12/03/2001 (25 years ago) £56,950

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
2 FLAT 4 HOE ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 3DE £505,000 19/12/2025 Flat
5A ELLIOT TERRACE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PL £150,000 12/12/2025 Flat
CITADEL COURT, 2 FLAT 31 ELLIOT STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PP £86,000 28/11/2025 Flat
175 FLAT 22 NOTTE STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2BT £175,000 17/11/2025 Flat
264 - 266 FLAT 10 CITADEL ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PY £167,500 17/10/2025 Flat
Same street 6 FLAT 2 THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PJ £582,000 28/02/2025 Other
264 - 266 FLAT 9 CITADEL ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PY £145,000 14/10/2024 Flat
175 FLAT 27 NOTTE STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2BT £257,000 22/12/2023 Flat
26A ATHENAEUM STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2RQ £140,000 20/12/2023 Flat
24 FLAT 28 ELLIOT STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2BE £297,500 27/11/2023 Flat
OSBORNE COURT FLAT 90 LOCKYER STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PX £200,000 24/11/2023 Flat
AZURE WEST, 1 FLAT 2 GRAND HOTEL ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PQ £240,000 10/11/2023 Flat
HOLYROOD COURT FLAT 47 HOLYROOD PLACE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2QB £150,000 08/11/2023 Flat
WINDSOR VILLAS, 4 FLAT 1 LOCKYER STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2QD £350,000 27/10/2023 Flat
175 FLAT 19 NOTTE STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2BT £257,500 31/08/2023 Flat
CITADEL COURT, 2 FLAT 3 ELLIOT STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PP £88,000 23/08/2023 Flat
24 FLAT 7 ELLIOT STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2BE £325,000 02/06/2023 Flat
175 FLAT 29 NOTTE STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2BT £265,000 02/05/2023 Flat
TOP FLOOR FLAT, 63 CITADEL ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 3AX £140,000 25/04/2023 Flat
OSBORNE COURT FLAT 100 LOCKYER STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PX £240,000 04/04/2023 Flat
CITADEL COURT, 2 FLAT 7 ELLIOT STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PP £97,500 20/03/2023 Flat
Same street 8 THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PJ £337,500 14/03/2022 Flat

Street average: £459,750 (2 sales)

Area average: £213,800 (20 sales)

Capital growth trend

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

5y growth -15.9%
10y growth 19.1%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Plymouth. Series: Flats and maisonettes. As of March 2026.

1y (index) -1.4%
5y (index) 11.7%
10y (index) 29.6%

Rental Range

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

Low £895/mo
Realistic £994/mo
Optimistic £1,093/mo

Based on Local Authority from postcode lookup → Plymouth.

Location

Nearby

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

Type Name Distance
Bus stop The Belvedere 0.1 miles
Bus stop Windsor Villas 0.2 miles
Shop Tesco Express 0.2 miles
Shop Costcutter 0.2 miles
University Unknown 0.8 miles
Train station Plymouth 0.9 miles
Train station Devonport 1.5 miles
Hospital Phlebotomy Services 3.6 miles
Hospital HMS Raleigh Medical Centre 3.6 miles
University Plymouth Marjon University 4.1 miles

Street-level crime

Category Count
Violence and sexual offences 359
Anti-social behaviour 157
Shoplifting 85
Public order 71
Criminal damage and arson 58
Other theft 43
Drugs 17
Burglary 13
Other crime 12
Vehicle crime 11
Possession of weapons 10
Theft from the person 10
Robbery 7
Total incidents 853

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
St Andrew's Cof E VA Primary School Primary 0.2 miles Good — 29 Nov 2022
Millbay Academy Other 0.5 miles Good — 24 Apr 2024
St Peter's CofE Primary School Primary 0.5 miles Good — 29 Apr 2024
ACE Schools Plymouth Other 0.5 miles Good — 14 Mar 2019
The Cathedral School of St Mary Primary 0.6 miles Requires improvement — 12 Jan 2023

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.41%
Max investor price (0.8%) £124,250
Target investor price (1%) £99,400
  • 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).