We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PL21 9UW
For saleReduced £10k (−4.5%) on 17 OctListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Christopher’s South Hams are delighted to market this mid-terrace home.
Description: Proposing an ideal opportunity for a first-time buyer, or a downsizer to a super location, this property is a perfect blank canvas to stamp your own mark on it; refresh and personalise what is already there or undertake a fuller renovation to even redesign downstairs to form open-plan living (strc) – there are many possibilities to showcase a little creativity and imagination.
The reception room has direct access to the low-maintenance rear garden which is currently laid to patio and again unveils potential to be inspired in its south-facing position.
Upstairs there are two bedrooms and a family shower-room. Outside, a neat gravel garden and path welcome you to the front door.
This home gifts hidden gems - offering a garage as well as 2 parking spaces directly outside, which is seldom seen in homes like these.
With no onward chain, this property should attract a wide audience and viewings are highly recommended to appreciate.
Key Features: Two-Bedroom Mid-Terrace Home Potential to Renovate/Internally Re-Design (strc) New Boiler Installed (12 months - at time of writing) Private, South-Facing Garden with Rear Pedestrian Access Garage & 2 Parking Spaces No Onward Chain Situation & Amenities: With the pretty River Erme flowing from the moors through the middle of the town, Ivybridge is family-orientated with a rich heritage of traditional industries such as milling and cloth making that are still celebrated today.
As well as its fascinating history, Ivybridge offers adventure.
The idyllic countryside and moorland offer miles of magnificent walking trails out of the town, whilst in the town itself you’ll find pubs, eateries and a variety of shops and supermarkets.
The property sits within walking distance of the town centre, nearby recreation field, and both primary and secondary schooling.
There is a good choice of primary schools all within the catchment of the renowned Ivybridge Community College with its World Class Quality Mark Award.
There are several places of worship with noteworthy histories, gp and Dental Surgeries, a Minor Injuries Unit, two leisure centres with swimming pools, fitness suites, and various health classes.
The charming Watermark with its welcoming library, it suite, cinema, theatre, coffee shop and conference facilities as well as the ever-popular Ivybridge Rugby, Football, Cricket, and Tennis clubs all add to the community focus of the town.
Ivybridge certainly has a wealth of opportunities to welcome you and with its very own train station there are excellent transport links to Plymouth, Exeter, and London with all the amenities that larger cities can offer.
Services: All Mains Services Connected.
Broadband & Mobile: Due to the rural location here in the South Hams, Broadband & Mobile phone coverage can vary so please take a look at the Ofcom & OpenReach websites for more details about availability & coverage.
Tenure: Freehold. Local Authority: South Hams District Council, Follaton House, Totnes, TQ9 5NE.
Council Tax Band: B Viewings: Strictly by appointment through Christopher’s South Hams - please do call us to arrange.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 3, Sherwill Close, Ivybridge
Explore nearby