2-bedroom terraced house · PL5 3TX
Sold STCListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Smeaton Homes, Plymouth's Landmark Estate Agents, are pleased to present this charming two-bedroom mid-terraced house, ideally situated in the popular Crownhill area of Plymouth.
This property offers an excellent opportunity for first-time buyers looking to step onto the property ladder or savvy investors seeking a reliable addition to their portfolio, with a potential rental income of £950 per calendar month.
Approaching the property, you are greeted by a welcoming facade. Stepping inside, the ground floor immediately opens into a spacious and inviting lounge/diner.
This versatile open-plan area provides ample space for both comfortable relaxation and family meals, making it the heart of the home.
The layout is thoughtfully designed, creating a natural flow and an airy feel throughout.
The lounge area is perfect for unwinding after a long day, while the dining space offers a pleasant setting for entertaining guests or enjoying everyday meals.
Adjacent to the lounge/diner, you will find the well-appointed kitchen.
While functional, it presents an opportunity for a new owner to modernise and personalise to their taste, adding significant value and creating a truly bespoke culinary space.
From the kitchen, access is provided to the rear garden, which offers a private outdoor retreat.
The garden is primarily laid to lawn, providing a low-maintenance space for outdoor enjoyment, whether it's for al fresco dining or simply relaxing in the fresh air.
Ascending the stairs to the first floor, the landing provides access to the two generously sized double bedrooms. Both bedrooms are bright and airy, offering comfortable and private spaces.
These rooms are well-proportioned, easily accommodating double beds and additional furniture, making them suitable for a small family, a couple, or as guest rooms.
The layout ensures privacy and comfort for all occupants. The first floor also hosts the family bathroom, which is equipped with both a bath and an overhead shower, catering to all preferences.
The bathroom is functional and well-maintained, offering a clean and practical space for daily routines.
The property benefits from gas central heating and double glazing throughout, ensuring warmth and energy efficiency, contributing to lower running costs.
This home is offered to the market with no onward chain, simplifying the buying process and allowing for a smoother, quicker transaction.
This is a significant advantage for those looking for a prompt move. The property is located in Council Tax Band B, further enhancing its appeal as an affordable option.
Smeaton Homes understands the importance of finding the right property, and our team of professionally trained and NAEA qualified estate agents are here to provide expert insight and honest advice.
We are committed to guiding you through every step of the process, ensuring a calm, clear, and confidence-building experience.
This Goldsmith Gardens property represents a fantastic opportunity in a sought-after Plymouth location, and we encourage early viewing to fully appreciate its potential.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 2 Goldsmith Gardens, Plymouth, Devon, PL5 3TX
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