# 2 bedroom flat for sale (PL1 2PJ) ## Property Details | Key | Value | |-----|-------| | Address | BASEMENT, 2A, THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH PL1 2PJ | | Price | £240,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | B | | Last sold | £249,000 Feb 2025 | ## 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. ## Property Photos - ![Photo](/listings/photos/150587981/524886) - ![Photo](/listings/photos/150587981/524887) - ![Photo](/listings/photos/150587981/524888) - ![Photo](/listings/photos/150587981/524889) - ![Photo](/listings/photos/150587981/524890) - ![Photo](/listings/photos/150587981/524891) - ![Photo](/listings/photos/150587981/524892) - ![Photo](/listings/photos/150587981/524893) - ![Photo](/listings/photos/150587981/524894) - ![Photo](/listings/photos/150587981/524895) - ![Photo](/listings/photos/150587981/524896) - ![Photo](/listings/photos/150587981/524897) - ![Photo](/listings/photos/150587981/524898) - ![Photo](/listings/photos/150587981/524899) - ![Photo](/listings/photos/150587981/524900) ## Floorplans - ![Floorplan 1](/listings/photos/150587981/524901) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 2A BASEMENT THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PJ | £249,000 | 26/02/2025 | Flat | | 2A BASEMENT THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PJ | £173,000 | 20/11/2015 | Flat | | 2A BASEMENT THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PJ | £165,000 | 11/04/2014 | Flat | | 2A BASEMENT THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PJ | £136,000 | 28/10/2005 | Flat | | 2A BASEMENT THE ESPLANADE, PLYMOUTH, CITY OF PLYMOUTH, PL1 2PJ | £56,950 | 12/03/2001 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £169,045 (49 Flat, PL1, 2024–2026) - **Deviation:** +42% ## Rental Range *ONS Price Index of Private Rents (Plymouth). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £895/mo - **Realistic:** £994/mo - **Optimistic:** £1,093/mo ## 1% Rule - **Rent ratio:** 0.41% (weak for cashflow) - **Max investor price (0.8%):** £124,250 - **Target investor price (1%):** £99,400 *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 Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -15.9% - **10y growth:** 19.1% ## House Price Index (HM Land Registry) *Official index for City of Plymouth; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 11.7% - **10y growth (index):** 29.6% ## 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)