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 work2-bedroom flat · PL21 0BP
Listing removedReduced £10k (−6.9%) on 24 MarListed 333 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A superb two bedroom apartment located within the scenic grounds of Tremarran Court. Offering large bedrooms and an open living space, the apartment creates a cosy and inviting atmosphere.
With allocated parking and the chance to explore the communal grounds, It is a the perfect investment!
Description Two bedroom apartment superbly located within close proximity to Ivybridge town centre, whilst benefiting from being tucked away.
Situated on the second floor, the apartment has delightful open views and benefits from an abundance of natural light. The living area is open plan, with two bedrooms and a shower room.
Well presented throughout with double glazing, an allocated parking space and the benefit of being sold with no onward chain. Entrance Entrance door to communal hallway, stairs to 2nd floor.
Entrance to apartment via wooden paneled door to entrance hallway, wall mounted electric heater, coving to ceiling, cupboard housing water tank Open Plan Living Area 16' 4" x 15' 8" ( 4.98m x 4.78m ) Double aspect room, double glazed window to front with open views, double glazed window to the side with open views, exposed ceiling beam, wall mounted electric heater Kitchen Area Wall and base units with roll edge worksurfaces, sink and draining board with mixer tap over, tiled splashbacks, stainless steel chimney style extractor, ceramic hob, single electric oven, integrated fridge, space for washing machine, lino floor Bedroom One 10' To front of wardrobe x 8' 3" ( 3.05m To front of wardrobe x 2.51m ) Double glazed window with open views, coving to ceiling, wall mounted electric heater Bedroom Two 8' x 7' 4" ( 2.44m x 2.24m ) Double glazed window with open views Shower Room Fully tiled walls, tiled flooring, double width shower tray with shower screen, Mira electric shower, wash hand basin with mixer tap over inset into vanity unit, low level wc, chrome towel rail, extractor fan, concealed lighting, access to loft Outside Allocated parking for 1 car We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
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FAQ
About Flat 10, Tremarran Court, Crescent Road, Ivybridge
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