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 work4-bedroom house · PL21 9AE
Listing removedReduced £25k (−4.5%) on 20 JulListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 4 bedroom semi detached former farmhouse located centrally within Ivybridge, convenient to local amenities.
The property offers flexible accommodation to include a reception dining area, living room, kitchen, bedroom 4 with en suite shower room and utility on the ground floor, together with landing, 3 bedrooms, en suite shower room and family bathroom on the upper floor.
There are numerous character features to include slate flagged flooring, an Inglenook fireplace and wood burner, together with modern benefits such as Upvc double glazing and gas central heating.
There is a southerly facing large garden at rear, together with a timber built garage and workshop. EPC G 1.
Ground floor reception and dining area 18' 5" x 9' 3" (5.62m x 2.83m) Two skylight windows, Upvc double glazed window to rear, slate flagged floor, radiator.
Lobby Stairs to first floor, door to: Kiitchen area 16' 7" x 10' 7" (5.07m x 3.25m) Slate flagged flooring, Upvc double glazed window to front, door to front porch, modern range of base units and work surfaces, single drainer sink unit with mixer tap, dish washer, an open plan room to: Living room 20' 2" x 8' 1" (6.16m x 2.48m) Upvc double glazed windows to front and side, radiator.
Feature Inglenook fireplace with wood burner. Front porch Upvc double glazed windows and entrance door.
Bedroom 4 19' 9" x 9' 8" (6.03m x 2.95m) Upvc double glazed window to front, radiator, door to utility and door to: En suite shower/WC With shower cubicle, low level WC and wash basin.
Utility room 10' 11" x 5' 11" (3.35m x 1.82m) Upvc double glazed window to side, base unit with sink over, plumbing for washing machine, skylight window.
Rear porch Door to exterior, steps rising from utility area. First floor landing Upvc double glazed window to rear.
Bedroom 1 13' 3" x 10' 10" (4.04m x 3.31m) Upvc double glazed window to front, feature fireplace, radiator.
En suite shower/WC 6' 7" x 5' 10" (2.02m x 1.78m) With shower cubicle, low level WC and wash basin. Bedroom 2 14' 1" x 10' 6" (4.31m x 3.22m) Upvc double glazed window to front, radiator.
Bedroom 3 10' 6" x 11' 8" (3.22m x 3.57m) Upvc double glazed window to front, access to loft, radiator.
Family bathroom 12' 1" x 8' 0" (3.70m x 2.46m) Upvc double glazed window to side, bath served by shower over, low level WC and wash basin. Built in store cupboard.
Exterior The house has a parking forecourt at front leading to the garage.
At rear there is a feature level enclosed garden enjoying a remarkable degree of privacy for such a central location with southerly aspect. There is an external WC.
Garage 19' 5" x 11' 9" (5.94m x 3.60m) A timber built garage with automated roller shutter door, door to garden.
A lightweight timber partition separates the garage and a workshop of the same depth which can be opened up if required. Tenure Freehold council tax Band D.
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
.jpeg){kind=logo}
FAQ
About Pound Farm, Pound Farm Lane, Ivybridge
Explore nearby
