4-bedroom terraced house · PL2 1RU
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Four-Bedroom Georgian Home With Garage, Solar Pv, Garden And No Onward Chain.
Offered to the market with no onward chain and probate currently in progress, this impressive four-bedroom Georgian residence presents a rare opportunity to acquire a substantial period property in a highly convenient Plymouth location.
Combining elegant period character with generous and versatile accommodation, the property benefits from four bedrooms, two bathrooms, spacious reception rooms, a substantial double garage, owned solar pv panels and a large enclosed rear garden.
Its excellent proportions and adaptable layout make it equally appealing to families, investors and buyers seeking a property with scope for future enhancement.
The location is particularly well suited to both homeowners and investors, with Dockyard station approximately an 8-minute walk away, providing convenient connections, while Devonport Dockyard, Plymouth City Centre, local schools, shops and everyday amenities are all within easy reach.
The combination of transport links, employment hubs and versatile accommodation gives the property strong appeal for those looking to establish or expand a rental portfolio, as well as families seeking a well-connected long-term home.
Internally, the property retains an abundance of Georgian character and charm, including high ceilings, well-proportioned rooms and excellent natural light.
The accommodation offers considerable flexibility, with four generous bedrooms, two bathrooms and spacious reception areas that can be configured to suit modern family life, home working or a variety of investment requirements.
The property also benefits from owned solar pv panels, offering the potential to improve energy efficiency and reduce electricity costs, together with mains gas central heating for year-round comfort.
Outside, the property continues to impress with a large enclosed rear garden, providing an excellent private space for entertaining, children, gardening or creating an attractive landscaped setting.
A particularly valuable feature is the substantial double garage, offering secure parking, extensive storage and useful workshop potential.
The no onward chain position provides an additional advantage for prospective purchasers, while probate is already in progress to help facilitate the transaction.
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 24 Herbert Place, Plymouth, Devon
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