Clarence Building, Stonehouse PL1 2 bed apartment for sale

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Clarence Building, Stonehouse PL1 2 bed apartment for sale

Clarence Building, Stonehouse PL1
£320,000

Price History

Initial price £350,000
08/01/25 £340,000
25/12/25 £320,000
Price Change -8.57%

Description

This unique apartment in Royal William Yard, Plymouth, has been converted into a lucrative Airbnb property, generating up to £50,000 in turnover per annum. The property consists of two flats, Flat A and Flat B, which share a communal entrance area. Flat A has an open-plan lounge and dining area, a kitchen, a master bedroom, and three children's bunk beds. Flat B has a double bedroom, a large bathroom, and a mezzanine with two further sleeping spaces, as well as an outside seating area. The property is fully furnished and has one allocated parking space, with the option to transfer a second rented space. The apartment is situated in a Grade I and II listed building, offering stunning views across Plymouth Sound, and is part of a thriving hub of restaurants, bars, and businesses. The property is held on a lease with 116 years remaining, with a ground rent of £1 per annum and service charges of £4000 annually.