# 2 bedroom apartment for rent (PL4 0DX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 26, 2 LOCKYERS QUAY, PLYMOUTH, CITY OF PLYMOUTH PL4 0DX |
| Price | £595 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £68,000 Dec 2013 |

## Description

Cross Keys Estates are delighted to offer this fantastic third floor apartment in Lockyers Quay with great marina view. Situated centrally with easy access to Sutton Harbour and the Barbican, this apartment is perfect for city living and has accommodation comprising a large open plan living room which incorporates a modern kitchen. In addition there are two double bedrooms and a bathroom with shower over the bath. The property also benefits from secure allocated underground parking and is available immediately, unfurnished at £595pcm. Sorry No DSS or Pets.                                                              

*********************REDUCED TENANT FEES ON THIS APARTMENT**************************

**Location** - Nicely positioned in a central location. The property boasts being within close proximity to Plymouth City Centre where a large number of local amenities can be found along with Plymouth's famous waterfront being just a short walk away which boasts many famous tourist attractions including Queens Annes Marina, Smeatons Tower, The National Marine Aquarium, and the historic Barbican. Regular bus services operate nearby giving access to various areas across the city including the City Centre. Prince Rock Primary School is also just a short distance from the property along Embankment Road which is very popular locally and currently boasts an outstanding Ofsted Report.

**Plymouth** - Plymouth is a city on the south coast of Devon, about 37 miles south-west of Exeter and 190 miles west-south-west of London, between the mouths of the rivers Plym to the east and Tamar to the west where they join Plymouth Sound to form the boundary with Cornwall, it is also adjacent to one of the most natural harbours in the world. To the North is the Dartmoor National Park extending to over 300 square miles and which provides excellent recreational facilities. The city is home to more than 260,000 people, making it the 30th most populated city in the United Kingdom and the second-largest city in the South West, after Bristol and has a full range of shopping, educational and sporting facilities. There is mainline train service to London (Paddington) and to Penzance in West Cornwall. Plymouth is governed locally by Plymouth City Council and is represented nationally by three MPs. Plymouth's economy remains strongly influenced by shipbuilding and seafaring including ferry links to Brittany and Spain, but has tended toward a university/student economy since the early 2000's. It has the largest operational naval base in Western Europe – HMNB Devonport.

**Entrance Hall** - 

**Open Plan Living** - 8.19m x 2.34m (26'10" x 7'8") - 

**Bedroom 1** - 3.44m x 2.77m (11'3" x 9'1") - 

**Bedroom 2** - 3.44m x 2.44m (11'3" x 8'0") - 

**Bathroom** - 1.96m x 2.13m (6'5" x 7'0") -

## Property Photos

- ![DSC_0097.JPG](/listings/photos/76941011/726699) - DSC_0097.JPG
- ![Open Plan Living](/listings/photos/76941011/726700) - Open Plan Living
- ![Open Plan Living](/listings/photos/76941011/726701) - Open Plan Living
- ![DSC_0093.JPG](/listings/photos/76941011/726702) - DSC_0093.JPG
- ![Bedroom 1](/listings/photos/76941011/726703) - Bedroom 1
- ![Bedroom 2](/listings/photos/76941011/726704) - Bedroom 2
- ![Open Plan Living](/listings/photos/76941011/726705) - Open Plan Living
- ![Bathroom](/listings/photos/76941011/726706) - Bathroom
- ![Open Plan Living](/listings/photos/76941011/726707) - Open Plan Living
- ![Open Plan Living](/listings/photos/76941011/726708) - Open Plan Living

## Floorplans

- ![26 Penrose House, Plymouth.JPG](/listings/photos/76941011/726709) - 26 Penrose House, Plymouth.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/76941011/726710) - EE Rating
- ![EI Rating](/listings/photos/76941011/726711) - EI Rating

## 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

## 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 |
|------|------|------|------|------|
| 2 Bed Flat, St Judes, PL4 | £950/mo | 2 | 0.5 miles | OpenRent |

**Average rent: £950/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £950/mo).*

- **Gross yield:** 1916%
- **Monthly cashflow:** £828/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5755.9%

*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).*

## 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)