2-bedroom bungalow · PL4 7PD
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £240,000 - £250,000 A beautifully presented two-bedroom semi-detached bungalow in the popular Lipson area, offering charm, character and comfortable living throughout.
The property benefits from a modern kitchen, dining room, separate living room, private driveway, beautiful garden and a spacious cellar, providing excellent additional storage.
Full Description The separate living room is a particularly welcoming space, featuring a charming log burner that creates a cosy atmosphere.
Beautiful bay windows allow plenty of natural light into the home, while the stunning coloured-glass sliding doors provide the option to open up or separate the living and dining areas, depending on your needs.
The property benefits from a new boiler installed in January 2025, which remains under warranty, as well as double-glazed windows throughout.
The home also offers both front and rear access, adding further practicality, while the spacious cellar provides excellent additional storage.
Ideally located close to a range of local shops, amenities and transport links, with good schools also nearby.
Combining character features with modern comforts and a convenient location, this charming bungalow offers a wonderful opportunity for those looking for a beautifully presented home in the popular Lipson area.
Material Information What3Words: ///visit.lace.anyway Tenure - Freehold; Construction - Standard; Council Tax Band - B; Local Authority - Plymouth City Council; Source Of Heating - Gas Central Heating; Source Of Electric - Mains Electric; Source of Water - Mains Water; Arrangement for Sewerage - Mains; Parking - Driveway.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 57, Coleridge Road, Devon
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