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 work3-bedroom house · PL8 2NJ
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Nestled within the desirable Collaton Park, a private estate offering a tranquil setting between Yealmpton and Newton Ferrers, this attractive three-bedroom detached residence provides a wonderful opportunity for a comfortable family lifestyle.
This home combines well-proportioned accommodation with the convenience of a two single garages, horseshoe driveway, and a lovely garden, all within easy reach of local amenities and the vibrant city of Plymouth.
Upon entering, a welcoming atmosphere sets the tone for the bright and inviting living spaces.
The property features two reception rooms and a spacious conservatory, offering versatile areas for relaxation, entertaining, and daily family activities.
The generous kitchen, with oil fired Rayburn, leads directly into a large utility and boot room, designed to provide both comfort and functionality.
The home provides three comfortable bedrooms, offering flexible arrangements for family members or guests. One is currently utilised as a home office/study .
Two well-appointed bathrooms serve the property, ensuring convenience and practicality for busy households.
Outside, the property benefits from a private garden, providing a pleasant outdoor space for enjoying the warmer months, gardening, or children's play.
Two garages and a driveway offer ample off-road parking, adding to the convenience of this desirable home. Situation Conveniently situated between the villages of Yealmpton and Newton Ferrers.
The location offers excellent access to both and to Plymouth, approximately eight miles away.
An historic waterside city with colleges, schools, a modern university, Theatre Royal, cinemas, department stores, and a wide array of dining options.
Leisure facilities are outstanding, particularly water sports in and around Plymouth Sound.
Management (Newton Park Management Company Limited) The commonly held grassland surrounding the properties are managed by the Management Company and each of the eight household is represented by one Director.
The present maintenance charge is £30 a month and is set by the Directors.
This covers the cost of maintenance of all common areas within the small development including the private driveway and use of adjoining access road plus public liability insurance.
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
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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
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FAQ
About 1, Richardson Drive, Plymouth
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