2-bedroom semi-detached house · PL21 9DZ
For saleListed 15 days
Opportunity summary
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About
Tucked away along a quiet no-through road within the convenient village of Lee Mill, this spacious semi-detached cottaged presents an excellent first home or investment purchase.
Offering two double bedrooms and an additional study/dressing room, delightful living accommodation, bathroom and ground floor WC, allocated parking, two outbuildings and a large garden.
Approaching the property from the road a covered entranceway leads to the front door and upon entry you are greeted immediately by a spacious yet cosy living room.
This room provides plenty of space for a range of furniture and benefits from a feature fireplace and window to the front.
Stairs rise to the first floor from the living room and beneath is a handy area which currently houses a desk.
A door leads through to the rear of the property where a sizeable 'farmhouse style' kitchen/diner can be found.
The kitchen comprises a range of wall and base units with integrated appliances including double oven, gas hob and dishwasher.
Space is also provided for a free-standing fridge/freezer and a washing machine.
Just off of the kitchen is a small side extension which houses a ground floor WC and a useful boot room/utility room, with access to the side of the home.
On the first floor a central landing space provides access to the accommodation on this level and within this space is a useful storage cupboard housing the immersion tank.
There are two double bedrooms, one at the front of the property and one at the rear, both of which are excellent sizes and wonderfullly bright thanks to the large windows.
Just off of the master bedroom is a handy dressing room or study. Set between the bedrooms is the bathroom, a nicely sized and modern space which comprises walk-in shower, toilet and basin.
There is also a heated towel rail. Externally the property enjoys plenty of storage options and a wonderful enclosed garden.
At the rear of the cottage itself is a parking area specifically for this property, and adjacent is a single storey outbuilding which is fitted with power and light and provides excellent storage or perhaps a studio/home office.
Slightly further along the lane is a detached single garage which provides further storage or parking, fitted with a manual roller door.
Next to the garage is the garden for this property, a superbly sized and fully enclosed space which is southerly facing and with some tlc, could become the perfect space for those who enjoy gardening.
There is also an excellent summer house. The property can be found tucked away along 'The Avenue', a quiet no-through road located in the convenient village of Lee Mill.
The property boasts easy access onto the A38 dual carriageway; perfect for those commuting to nearby Plymouth or even Exeter and beyond.
Lee Mill has a vibrant community which is centred around The Westward Inn pub, a well regarded local establishment which offers food and local ales alongside a private skittles alley!
There is a Tesco Extra supermarket within Lee Mill and then further amenities can be found in neighbouring Ivybridge or Plympton.
Regular bus services operate through the village and give access into Ivybridge, Plymouth and other areas across the South Hams.
There are a number of local primary schools in Ivybridge which are all very well regarded, alongside Ivybridge Community College secondary school which is also popular locally.
Services & outgoings We understand that mains electric, water, gas and drainage are connected to the property. Gas central heating. Privately owned solar panels have been fitted to the roof.
Council Tax: South Hams District Council - Band C Additional information Broadband: FTTP- Ultrafast broadband is available-highest available download speed 1800 Mbps, highest available upload speed 220 Mbps.
(Ofcom). Mobile Coverage: Available via EE, O2, three and vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a low risk from Surface Water flooding.
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 4, The Avenue, Ivybridge
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