4-bedroom terraced house · PL1 5AU
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Four-Bedroom Plymouth Property, Previously Let Successfully For Years. Ideal Investment Opportunity.
An excellent opportunity to acquire a spacious three-storey property offering versatile accommodation and a proven track record as a successful rental investment.
Previously let successfully for a number of years , the property presents an attractive proposition for investors seeking a property with established rental history and potential for continued income.
Extending to approximately 957 sq. Ft. (88.99 sq. M.), the accommodation is arranged over three floors. The ground floor comprises an entrance hall, living room and separate kitchen.
The first floor offers three bedrooms, a bathroom, a separate WC and landing, while the second floor provides a further bedroom, an en-suite shower room, an additional WC and landing.
With four bedrooms in total, the property offers flexible accommodation suited to a range of potential tenants.
Its layout across three floors provides a practical separation of living and sleeping areas, making it an appealing option for investors, landlords or buyers looking for a substantial home.
Situated in Penrose Street, Plymouth, the property offers an opportunity to acquire a home with an established letting history and scope to continue its use as a rental investment, subject to the buyer's requirements and any necessary checks.
Early viewing is recommended to appreciate the space and potential this property has to offer.
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 advisors 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
FAQ
About 56 Penrose Street, Plymouth, Devon
Explore nearby