Plymouth · PL32 9RF · 2-bed

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Asking price
£99,500
EPC D
Verdict
Worth a closer look — area data is mixed
Estimated gross yields from current rental comps. Numbers are pre-cost — service, voids, mortgage, management still come off these.
Standard BTL
Best fit£925/mo
11.2% gross yield
Open-market tenant on a 12-month AST.
LHA / Section 8
£673/mo
8.1% gross yield
Council-paid tenant. Stable rent, longer tenancies, slight discount to market.
Council lease
£572/mo
6.9% gross yield
3–5 yr guaranteed-rent lease to a housing association. Hands-off.
Quick read across the buyer personas. ✅ = good fit · ⚠ = workable with caveats · ❌ = look elsewhere.
Family home
2-bed with EPC D — workable family setup.
Standard BTL
11.2% gross — clears typical 5%+ break-even threshold.
Buy + rent later
Rents would more than cover BTL mortgage costs if life changes.
England (SDLT) · 75% LTV mortgage at 5.5% over 25 years (capital repayment).
Stamp duty
First-time buyer
£0
Home mover
£0
2nd home / BTL
£4,975
Mortgage @ 75% LTV
City-wide stats vary too much within the 2-bed homes segment to give you a confident £ comparison. A 2-bed home in a quieter postcode can sit £200k+ apart from one in a hot postcode just down the road.
Before bidding: walk the street, pull HM Land Registry sold prices for this postcode sector, and check what genuinely-similar homes have actually transacted at over the last 12 months.
Based on 760 live rentals in Plymouth · 2-bed homes here average £921/mo.
Most landlords need 5%+ gross to break even after costs in this area, so this is a decent fallback if your plans shift.
Catchment area is the #1 driver of family-let demand and exit liquidity in the suburbs. Verify the local primary + secondary ratings before offering — an Outstanding catchment can add 5–10% to £/sqft; Inadequate is a permanent drag.
Catchments aren't published nationally; many schools use distance-from-school as the deciding factor. The links above give you the official data; only the local authority can confirm a specific year's catchment boundary.
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