Sold STC Duplex

52 MADDEN ROAD

PLYMOUTH, CITY OF PLYMOUTH PL1 4NE

2 beds 2 baths 1,206 sq ft Listed 28 Nov 2024 (-559d)

£260,000

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Property details

Tenure

LEASEHOLD

Floor area

112 m²

EPC rating

C

Last sold

£260,000 Mar 2025

Price per m²

£2,321/m²

Local average

£612,864 (-57.6%)

Deprivation

Decile 3 (6,828 of 33,755)

Street crime

479 incidents within 1 mile (Apr 2026)

Key features

  • New Homes Warranty
  • Allocated 'EV ready' Parking
  • PV Panels
  • Air Source Heat Pump
  • Original Character Features
  • Underfloor Heating
  • High Specification Contemporary Design
  • Private Balcony & Communal Amenity Space
  • Conversion Of Historic Building
  • Duplex Apartment

Additional details

Parking
Allocated

Description

52 Madden Road is a two-bedroom apartment, within the sympathetic conversion of one the City’s historic landmarks, Raglan Gatehouse.  The apartment is accessed via the impressive, main entrance portico of the original building which leads into a private hallway giving access to the contemporary living accommodation and a double bedroom on the ground floor.   The living room is a light and airy space, with large character windows looking out to the rear of the building.  The bedroom on the ground floor has an ensuite bathroom and large character windows looking out towards the front of the building.  A staircase in the entrance lobby gives access to the first floor where there is a further double bedroom, with bathroom and dressing room / study. The property has the benefit of air source heat pump fuelled underfloor heating, PV panels and comes with an allocated parking space and a new home warranty.
The Raglan Gatehouse development is situated within the increasingly popular area of Devonport, an area which has undergone huge regeneration over the last decade or so and includes thousands of new homes. Its proximity to the waterside, extensive refurbishment to the nearby Market Hall and the local church (now a well-used library and community hub as well as substantial reinvestment into the nearby Devonport Park and the Devonport Guildhall all adds to the eclectic appeal of Devonport as a place to live and invest.  The area is situated close to HM Naval Base Devonport and the Babcock Royal Dockyard (an impressive 650-acre site and a major employer within the Plymouth area) and it benefits from great transport links into Plymouth City Centre and the wider area. Torpoint ferry is a short walk away giving direct access to southeast Cornwall and the beautiful Rame Peninsula.
Raglan Barracks Gatehouse, also referred to as Raglan Guardhouse or Raglan Main Gateway was the main gateway into Raglan Barracks and is the only part of the barracks remaining.  This striking military building, in the heart of the recently regenerated area of Devonport, was built between 1853 and 1858 during the time of the Crimean War and was named after one of the Allied commanders of that conflict, Lord Raglan.  The impressive gateway remains a well-known landmark in the local area perhaps because of its striking symmetrical design, which was the first commission for the Royal Engineer, Captain Fowke, an eminent architect of his time who later became famous for designing the Royal Albert Hall.
The Raglan Gatehouse development involves one of Plymouth’s iconic historic buildings being sensitively converted into high end and well-designed living accommodation.  The development seeks to retain as much of the original structure as possible and reinstates the sense of place that the Gatehouse would once have commanded in times gone by. The development consists of the conversion of the Gatehouse into four impressive split-level apartments as well as the building of four completely new mews houses. 
Lease Information
We understand the apartment is share of freehold with an underlying lease with 999 years remaining. Service charge £128,25 . The above information is provided in good faith although we would recommend that prospective purchasers consult their own solicitor for formal verification.
Measurement 
Measurements are in length, width then height order and measured in feet.
Lounge / Kitchen / Diner – 16’06 x 13’03 increasing to 20’05 in the kitchen area x 14’02
Bedroom 1 – 8’03 x 21’02 x 14’03
Ensuite – 8’03 x 8’01 x 12’10
Bedroom 2 – 16’04 x 9’02 x 9’09
Terrace – 9’06 x 6’10 (approx.)
Bathroom – 8’09 x 14’09 x 8’06
Dressing room / Study – 8’06 x 12’11 x 8’06
Agents Notes
The images used in this advert are of plot 3. Finishes and materials may vary from those shown.
 

Listed by

Plymouth

Lang Town & Country Estate Agents Ltd

Reference: 155477765

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 20/11/2024

Current heating cost: £1,022/year

Potential heating cost: £1,022/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

Event Date Price % change
Sold 28/03/2025 (1 year ago) £260,000

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
Same street 2 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £88,000 22/08/2025 Semi-detached
Same street 9 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £145,500 06/12/2024 Flat
47 - 48 YORK STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 4DG £118,000 22/05/2023 Other
Same street 1 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £130,000 21/04/2023 Flat
Same street 3 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £155,000 27/03/2023 Flat
Same street 26 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £127,000 28/11/2022 Flat
59 FLAT 3 CHAPEL STREET, DEVONPORT, PLYMOUTH, CITY OF PLYMOUTH, PL1 4TF £142,000 22/07/2022 Other
Same street 21 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £145,000 01/03/2022 Flat
Same street 10 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £140,000 16/02/2022 Flat
Same street 42 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE £110,000 02/02/2022 Flat

Street average: £130,063 (8 sales)

Area average: £130,000 (2 sales)

Capital growth trend

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

5y growth 387.6%
10y growth 21.8%

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

1y (index) 2.9%
5y (index) 22.7%
10y (index) 44.1%

Rental Range

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

Low £890/mo
Realistic £989/mo
Optimistic £1,088/mo

Based on Local Authority from postcode lookup → Plymouth.

Location

Nearby

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

Type Name Distance
Bus stop Raglan Road 0.1 miles
Bus stop Cumberland Gardens 0.1 miles
Shop Tesco Express 0.2 miles
Shop Chicos Garage 0.2 miles
Train station Devonport 0.5 miles
Train station Dockyard 0.8 miles
University Unknown 1.4 miles
Hospital HMS Raleigh Medical Centre 2.3 miles
Hospital Phlebotomy Services 3.7 miles
University Plymouth Marjon University 4.4 miles

Street-level crime

Category Count
Violence and sexual offences 192
Anti-social behaviour 59
Shoplifting 50
Criminal damage and arson 43
Other theft 42
Public order 28
Vehicle crime 20
Possession of weapons 11
Other crime 9
Robbery 8
Drugs 6
Theft from the person 6
Burglary 4
Bicycle theft 1
Total incidents 479

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 Joseph's Catholic Primary School Primary 0.1 miles Good — 29 Jun 2022
City College Plymouth Other 0.3 miles (No rating)
Mount Wise Community Primary School Primary 0.3 miles Good — 16 Dec 2014
Marlborough Primary Academy Primary 0.4 miles Good — 11 Dec 2023
UTC Plymouth Secondary 0.5 miles Good — 6 Mar 2023

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.38%
Max investor price (0.8%) £123,625
Target investor price (1%) £98,900
  • 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).