Not on display
There are at least two large vessels, seen from the stern at the left and from the port side in the distance, with a small sailing boat approaching between them. If the warships have not been decommissioned to serve as hulks, they have at least been largely dismasted. The skyline on the right may be Mount Edgcumbe, making the viewpoint the Hamoaze (the Tamar Estuary). Turner’s painting Hulks on the Tamar (Tate T03881; displayed at Petworth House, West Sussex),1 possibly the work exhibited in 1812 as The River Plym,2 shows the stern of a hulk on the left with a smaller boat in front of it approaching the viewer, but the present drawing does not appear to be a direct study for it.
For other views around Plymouth in this sketchbook and elsewhere, see under folio 3 verso (D08367).