3-bedroom house · PL21 0BX
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented to a very high standard throughout and nicely situated in a tucked away position at the end of a peaceful cul-de-sac, this nicely proportioned semi-detached home benefits from a pretty outlook over a local green area, a south facing rear garden, a single garage and off-road parking.
Description Approaching the property from the front a path runs alongside a pretty green area which partially owned by this property and two neighbouring properties within this small enclave of Torre Close.
This path leads to the front entrance of the property and there is also a small front garden area which is paved for ease of maintenance.
Upon entry into the home a welcoming hallway greets you and provides a space to remove shoes and store coats, and the stairs to the first floor accommodation can also be found here.
A door to your right leads to the living room, a bright and spacious room which is nicely decorated and provides room for a good range of furniture.
There is focal chimney breast within the lounge which has an electric fireplace and additionally there is a useful understairs storage cupboard.
A door leads through to the rear of the property where a wonderfully bright and nicely modernised kitchen/dining room can be found.
The kitchen comprises of modern grey gloss wall and base units with a bright white worktop, and integrated appliances including oven, gas hob, cooker hood, fridge and freezer.
There is a sizeable area for a dining table and chairs, and patio doors lead out to the south facing garden.
On the first floor a central landing space provides access to three bedrooms and the bathroom.
Two of the bedrooms are superb doubles, offering plenty of space for large furniture, and the third bedroom is a generous single room or home office.
On the landing there is a useful storage cupboard and access to the loft space. Finally, the bathroom boasts modern fittings including panelled bath with overhead shower, toilet and basin.
At the rear of the property there is an enclosed, low-maintenance garden which enjoys a sunny southerly facing aspect and provides an ideal space to enjoy the sunshine or entertain.
There is an initial decked seating area, a stone-chipped garden area and a useful storage shed. Additionally, there is a gate provide access to the side of the property.
Situation Position is a real benefit for this property, being nicely tucked away at the end of a quiet cul-de-sac on the Eastern edge of Ivybridge; overlooking a local green area.
This superb location is wonderfully peaceful yet very convenient, being just a short walk to Ivybridge Railway Station, the town centre and Dartmoor National Park.
Ivybridge has a bustling high street with an array of local shops, cafes, restaurants and other facilities.
The leisure centre can be found centrally in town and caters for many sporting needs with two indoor swimming pools, a fully equipped gym and squash courts.
Regular bus services operate along nearby Exeter Road and St.
Peters Way, connecting this part of Ivybridge with the town centre, as well as numerous locations across the South Hams and the nearby city of Plymouth.
The town also provides a selection of popular primary schools as well as a highly regarded secondary school.
Services & outgoings We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
Council Tax: South Hams District Council - Band C Directions What3words:///supple.collision.laminate Additional information Broadband: FTTP-Ultrafast broadband is available-highest available download speed 1000 Mbps, highest available upload speed 100 Mbps.
(Openreach). Mobile Coverage: Available via EE, O2, three and vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 61, Torre Close, Devon
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