# 3 bedroom apartment for sale (PL4 0BN) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 3, 2A, NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH PL4 0BN | | Price | £550,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Floor area | 110 m² | | Last sold | £480,000 Oct 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Current heating cost:** £318/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2480-3006-0301-0497-4204) ## Description Welcome to this exquisite second-floor apartment offering unparallelled luxury living with breathtaking harbour views. Developed just three years ago by a renowned developer, this meticulously designed three-bedroom apartment is a true masterpiece. Boasting a contemporary design, this property caters to those seeking a sophisticated urban lifestyle. Step inside to discover a spacious and airy layout that exudes modern elegance. The apartment features three double bedrooms, including a master en-suite with a walk-in wardrobe, providing a private sanctuary. The underfloor heating throughout ensures absolute comfort, while the fully integrated kitchen, complete with a breakfast bar, is a chef's dream. The highlight of this apartment is the access to the enclosed balcony from both the living room and main bedroom, offering a serene space to unwind while taking in the mesmerising harbour views. Whether you're enjoying your morning coffee or hosting a sunset soiree, this outdoor retreat is sure to impress. Benefiting from a 10-year warranty, this property provides peace of mind for homeowners. With allocated parking space and no onward chain, convenience and ease of living are paramount in this exclusive residence. In a prime location, residents will have easy access to the vibrant city centre, local amenities, and transport links, making this apartment ideal for those seeking a cosmopolitan lifestyle. Don't miss the opportunity to own this exceptional apartment. EPC Rating: B ## Property Photos - ![Photo](/listings/photos/164668751/638811) - ![Photo](/listings/photos/164668751/638812) - ![Photo](/listings/photos/164668751/638813) - ![Photo](/listings/photos/164668751/638814) - ![Photo](/listings/photos/164668751/638815) - ![Photo](/listings/photos/164668751/638816) - ![Photo](/listings/photos/164668751/638817) - ![Photo](/listings/photos/164668751/638818) - ![Photo](/listings/photos/164668751/638819) - ![Photo](/listings/photos/164668751/638820) - ![Photo](/listings/photos/164668751/638821) - ![Photo](/listings/photos/164668751/638822) - ![Photo](/listings/photos/164668751/638823) - ![Photo](/listings/photos/164668751/638824) - ![Photo](/listings/photos/164668751/638825) - ![Photo](/listings/photos/164668751/638826) - ![Photo](/listings/photos/164668751/638827) - ![Photo](/listings/photos/164668751/638828) - ![Photo](/listings/photos/164668751/638829) ## Floorplans - ![All](/listings/photos/164668751/638830) - All ## EPC Graphs - ![EPC 1](/listings/photos/164668751/638831) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 2A FLAT 3 NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BN | £480,000 | 12/10/2023 | 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 | |---------|-------|------|------| | PINNACLE QUAY, 4 FLAT 7 HARBOUR AVENUE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BJ | £260,000 | 19/12/2025 | Flat | | 54 WHITE FRIARS LANE, ST JUDES, PLYMOUTH, CITY OF PLYMOUTH, PL4 9RB | £133,500 | 19/12/2025 | Flat | | HARBOURSIDE COURT FLAT 14 HAWKERS AVENUE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0QT | £210,000 | 12/12/2025 | Flat | | DISCOVERY WHARF, 15 FLAT 16 NORTH QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0RB | £340,000 | 29/08/2025 | Flat | | DISCOVERY WHARF, 15 FLAT 45 NORTH QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0RB | £342,000 | 08/08/2025 | Flat | | 2A FLAT 11 NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BN | £555,000 | 09/11/2023 | Flat | | HARBOURSIDE COURT FLAT 44 HAWKERS AVENUE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0QT | £145,000 | 27/10/2023 | Flat | | HARBOURSIDE COURT FLAT 52 HAWKERS AVENUE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0QT | £325,000 | 23/10/2023 | Flat | | 2A FLAT 15 NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BN | £1,165,000 | 17/10/2023 | Flat | | 2A FLAT 8 NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BN | £485,000 | 11/10/2023 | Flat | | 2A FLAT 10 NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BN | £505,000 | 10/10/2023 | Flat | | 2A FLAT 4 NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BN | £445,000 | 10/10/2023 | Flat | | 2A FLAT 9 NORTH EAST QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BN | £550,000 | 10/10/2023 | Flat | | BEAUFORT HOUSE FLAT 36 MARINERS COURT, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BS | £404,000 | 13/12/2022 | Flat | | HARBOURSIDE COURT FLAT 35 HAWKERS AVENUE, PLYMOUTH, CITY OF PLYMOUTH, PL4 0QT | £95,000 | 02/12/2022 | Flat | | DOLPHIN HOUSE 14 SUTTON WHARF, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BL | £190,000 | 05/10/2022 | Flat | | DISCOVERY WHARF, 15 FLAT 35 NORTH QUAY, PLYMOUTH, CITY OF PLYMOUTH, PL4 0RB | £320,000 | 31/08/2022 | Flat | | BEAUFORT HOUSE FLAT 22 MARINERS COURT, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BS | £375,000 | 26/08/2022 | Flat | | BEAUFORT HOUSE FLAT 24 MARINERS COURT, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BS | £310,000 | 19/08/2022 | Flat | | DOLPHIN HOUSE 19 SUTTON WHARF, PLYMOUTH, CITY OF PLYMOUTH, PL4 0BL | £107,000 | 10/08/2022 | Flat | **Area average:** £363,075 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £131,693 (65 Flat, PL4, 2024–2026) - **Deviation:** +317.6% ## Rental Range *ONS Price Index of Private Rents (Plymouth). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £890/mo - **Realistic:** £989/mo - **Optimistic:** £1,088/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 | |------|------|------|------|------| | 3 Bed Flat, Malborough Road, PL4 | £600/mo | 3 | 0.48 miles | OpenRent | **Average rent: £600/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.11% (weak for cashflow) - **Max investor price (0.8%):** £75,000 - **Target investor price (1%):** £60,000 *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 £600/mo).* - **Gross yield:** 1.3% - **Cost-to-rent:** 76.4× - **Monthly cashflow:** £-1,651/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -12.4% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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).* ## Price per Square Metre - **£/m²:** £5,000/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 16.9% - **10y growth:** -13.9% ## 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)