5-bedroom terraced house · PL4 6QB
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Substantial Four-Storey Period Home With Versatile Accommodation & Off-Street Parking This substantial period terraced home is arranged over four floors and offers an impressive amount of versatile living space, complemented by a wealth of original features and character throughout.
The entrance level immediately gives a sense of the property's generous proportions. To the front is a large and inviting living room, with an impressive bay window providing plenty of natural light.
To the rear is a particularly attractive kitchen and dining room, creating a sociable space for everyday living and entertaining, with access out towards the garden.
On the first floor are two generously sized bedrooms.
The principal bedroom is especially impressive and benefits from its own walk-in wardrobe, while a well-appointed family bathroom also serves this floor.
The second floor provides further flexible accommodation, comprising another bedroom and bathroom together with an additional landing area that would work equally well as a home office.
Adding considerably to the versatility of the property is the converted lower ground floor.
Currently offering a snug, this space could make an excellent cinema or games room, and further double bedroom.
With the added benefit of a second kitchen and bathroom on this level, there is also excellent potential to use the lower ground floor as self-contained accommodation, making it particularly well suited to multi-generational living, older children or visiting family and guests.
Outside, both the entrance and lower ground floors provide access to the garden.
The outdoor space has been designed for relatively easy maintenance, with a patio area and raised decked balcony accessed from the entrance level, providing a great spot for outdoor dining and entertaining.
The property also benefits from ample off-street parking.
With its substantial proportions, period character and exceptionally adaptable accommodation across four floors, this is a distinctive family home offering plenty of scope to suit a variety of lifestyles.
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 29 Ridge Park Avenue, Plymouth, Devon
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