4-bedroom house · PL21 0ZA
Sold STCReduced £20k (−4.3%) on 20 JunListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly sought-after Saxon Gate development in Ivybridge, this beautifully presented three-storey detached home was built just two years ago and offers spacious, versatile accommodation throughout.
The property comprises an inviting entrance hallway, downstairs WC, modern fitted kitchen/diner and a bright dual-aspect lounge.
Arranged over the upper floors are four generous double bedrooms, including a principal bedroom with ensuite, a contemporary family bathroom and an additional shower room.
Externally, the property benefits from off-road parking for two vehicles, an enclosed rear garden and the added advantage of a purpose-built studio and workshop - ideal for home working or hobbies.
Early viewing is highly recommended to fully appreciate all this superb home has to offer.
Property description Situated within the highly sought-after Saxon Gate development in Ivybridge, this beautifully presented three-storey detached home was built just two years ago and offers spacious, versatile accommodation throughout.
The property comprises an inviting entrance hallway, downstairs WC, modern fitted kitchen/diner and a bright dual-aspect lounge.
Arranged over the upper floors are four generous double bedrooms, including a principal bedroom with ensuite, a contemporary family bathroom and an additional shower room.
Externally, the property benefits from off-road parking for two vehicles, an enclosed rear garden and the added advantage of a purpose-built studio and workshop - ideal for home working or hobbies.
Early viewing is highly recommended to fully appreciate all this superb home has to offer.
Entrance hallway Entered via a composite entrance door into the hallway, radiator, door to storage cupboard housing the electric consumer unit, door to downstairs WC, doors to lounge and kitchen/diner, stairs rising to the first floor landing.
Downstairs WC Fitted with a two piece suite to include low level WC and wash hand basin, radiator, extractor fan.
Lounge 17' 3" x 11' 1" (5.28m x 3.39m) Double glazed windows to the front and side elevations, two radiators.
Kitchen/diner 17' 3" x 10' 11" (5.28m x 3.34m) Fitted with a matching range of base and eye level units with Quartz worktop space over, one and a half bowl single drainer sink unit with mixer tap, electric double oven with four ring gas hob and extractor hood over, integrated fridge/freezer, dishwasher and washing machine, radiator, door to under-stairs storage cupboard, double glazed window to the front elevation, double glazed French doors to the side elevation leading out to the garden.
First floor landing Doors to the bedrooms and bathroom, door to airing cupboard housing the hot water cylinder, stairs rising to the second floor landing, radiator.
Bedroom 1 17' 3" x 11' 3" (5.28m x 3.45m) Two double glazed windows to the front and side elevations, two radiators, two built in sliding wardrobes offering ample hanging space and shelving, door to the en-suite.
En-suite shower room Fitted with a modern three piece suite to include, tiled double shower enclosure with glass screen, low level WC and pedestal wash hand basin, chrome heated towel rail, extractor fan, double glazed window to the front elevation.
Bedroom 4 11' 6" x 9' 0" (3.53m x 2.76m) Double glazed window to the side elevation, radiator.
Family bathroom Fitted with a modern four piece suite to include panelled bath, low level WC, pedestal wash hand basin and tiled double shower enclosure with sliding glass screen, chrome heated towel rail, extractor fan, double glazed window to the front elevation.
Second floor landing Doors to the bedrooms and shower room, radiator.
Bedroom 2 16' 1" x 11' 3" (4.91m x 3.45m) Double glazed window to the front elevation, Velux window to the rear elevation, two radiators.
Bedroom 3 16' 1" x 9' 0" (4.91m x 2.76m) Double glazed window to the front elevation, Velux window to the rear elevation, two radiators.
Shower room Fitted with a modern three piece suite to include tiled corner shower enclosure with glass screen, pedestal wash hand basin and low level WC, chrome heated towel rail, extractor fan, Velux window to the front elevation.
Outside There are two allocated parking spaces positioned to the side of the property along with a small lawned area.
The rear garden is fully enclosed and offers an gate leading to the front of the property. The garden is laid to lawn with a selection of raised flower beds.
To the rear of the garden there is a purpose built studio with adjoining workshop. Both units have electric connected and would be perfect for anyone looking for an home office or workshop.
Property information Tenure: Freehold Council Tax: Property yet to be banded but it is assumed to be Band E compared to other similar properties on the development.
Mains Water & Drainage Mains Gas & Electric Broadband Connected To The Property Estate Management Charge- Approximately £200 per annum
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 55, Hazel Lane, Ivybridge
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